#NJCD2097782
Merchantville, NJ
- – beds
- – baths
- 2,000 sqft
- 15,002 sqft lot
- $199 per sqft
- 1900 build
OPEN SUN 3-5PM! Welcome Home! Great Opportunity for House Hacker (live in one and rent the other!) or Investor! 2 Unit Duplex in Merchantville with detached garage and NEWLY RENOVATED features. First Floor Unit features 1 spacious bedroom with 9 ft ceilings, 1.5 bathroom, large living room & dining rooms, large kitchen with solid wood cabinets and NEW Stainless Steel Appliances on the main level. Direct access to partially finished basement, approximately 600 sqft, that has walkout stairs / BILCO type door. Flooring is solid hardwood, tile and vinyl plank. Central Air Conditioning with Forced Air Gas Furnace. 2 Gas Hot Water Heaters. Second Floor Unit features large kitchen, NEW Stainless Steel Appliances, 3-4 bedrooms, and one bedroom, across the second and third floors. The unit benefits from the downstairs unit's gas heating and has its own boiler hot water heating. The Second Floor Unit has NEWLY refinished hardwood floors and NEW Neutral Paint throughout. Second Floor has a stacked washer and dryer. Additionally, there is a 2 car detached garage and parking lot which can be rented for $650-800/month as additional storage to one of the tenants or another party. As a House Hacker, live in one and rent out the other! Or rent both, for maximum cash flow! Property income is projected in 2026 at $48,400+/year with both sides rented and an estimated 12.1% cap rate, return in investment (ROI). Two Electric Meters. 2 Separate Gas Hot Water Heaters. All financing types will be considered. Measurements and numbers are estimated, buyer to verify. Real estate agent has financial interest in property. Property to be provided with Township C/O. Garage in as-is condition with electric panel. DO NOT APPROACH OR TOUR GARAGE. Thank you. NEW Boiler 2025. NEW Roof 2023.* Newer Rear Deck.
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Last updated Jul 16, 2025
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MLS# NJCD2097782 —
Upcoming Open Houses
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Sunday, 7/20
3pm-5pm
The Building
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Year Built:1900
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Year Built Source:Estimated
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Roof:Pitched, Shingle
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New Construction:No
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Construction Materials:Aluminum Siding
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Building Levels:3
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Building Units Total:2
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Structure Type:Detached
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Historic:No
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Architectural Style:Colonial, Traditional
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Main Entrance:North
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Accessibility Features:36
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full, Partially Finished, Walkout Stairs, Daylight, Partial
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Green Verification:No
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt:600
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Ceiling Fan(s), Window Treatments
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Room Count:14
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Flooring Type:Wood, Vinyl, Luxury Vinyl Tile, Hardwood, Concrete, Carpet, Ceramic Tile
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2600
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Living Area SqFt:2,000 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, FHA, FHA 203(b), FHA 203(k), Lease Purchase
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Possession:Negotiable, Settlement
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Section 8 Approved:1
Location
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Directions:130 to Cove Rd to Cedar Ave
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Cross Street:CENTRE ST.
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Latitude:39.95559000
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Longitude:-75.04743000
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Property Condition:Good
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Property Attached:No
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Lot Size Units:Square Feet
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Lot Size Acres:0.34
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Lot Size Source:Assessor
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Lot Size Dimensions:60X250
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Lot SqFt:15,002 Sqft
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Inclusions:All appliances - 1 washer, 1 dryer, 1 washer/dryer stack, 2 ovens, 2 refrigerators, central air unit, 2 hot water heaters, 1 boiler, ceiling fans, curtain rods, window treatments, in as is condition
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Exclusions:owner's possessions
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Zoning:RES
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View:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Lease:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (609) 325-1705
- Office phone:
- (609) 921-1900
Taxes
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Tax ID Number:24-00054-00006
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Tax Year:2024
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Tax Lot:00006
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Tax Annual Amount:$10,860
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Tax Assessed Value:$203,800
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling:No
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Cooling Type:Ceiling Fan(s), Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air, Hot Water, Radiator
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Heating Fuel:Natural Gas
Utilities
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Utilities:Natural Gas Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service, 200+ Amp Service
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Electric On Property:No
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Fiber Optic, Cable
Appliances
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Laundry Type:Dryer In Unit, Has Laundry, Washer In Unit
Schools
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Elementary School:Merchantville E.S.
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Middle School:Howard M. Phifer M.S.
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High School:HADDON HEIGHTS H.S.
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School District Name:Merchantville Public Schools
The Community
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Subdivision Name:Cattell Tract
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Exterior Features:Sidewalks, Street Lights
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Pool:No Pool
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Pool Private:No
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:No
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Cap Rate:12.10
Parking
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Total Garage and Parking Spaces:16
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Garage:Yes
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Garage Features:Garage - Front Entry, Additional Storage Area, Covered Parking
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Garage Spaces:2.00
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Garage SqFt:320
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Type of Parking:Detached Garage, Driveway, Parking Lot
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Parking Features:Private, Asphalt Driveway
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# of Detached Garage Spaces:2
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Driveway - # of Spaces:8
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Parking Lot - # of Spaces:6
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Attached Garage:No
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:All
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One Bedroom Units:1
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Three Bedroom Units:1
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/16/25
Jul 16, 2025
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Listed / Active | BRIGHT | $399,999 |