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For sale
  • $495,000

    117 W Merchant St, Audubon, NJ 08106

    3beds
    3baths
    2,080sqft
    : 
    $3,850/mo
    Get pre-qualified
    Townhouse
    Built in 1920
    -- sqft lot
    $488,800 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Multiple barber stationsBeautifully maintained storefrontCustom wood finishesNeutral finishesClassic subway tile accentsExcellent street visibilityIndustrial lighting
    Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Audubon! Ideally situated along Audubon’s charming Merchant Street business district, this fully occupied, income-producing property offers an outstanding opportunity to own a piece of one of South Jersey’s most beloved Main Streets. The street level commercial space is home to the well-established Broken Anchor Barbershop, a beautifully maintained storefront featuring multiple barber stations, custom wood finishes, classic subway tile accents, industrial lighting, a private kitchenette/break area, and excellent street visibility in a thriving downtown setting. Above the commercial space are two residential apartments, each with private entrances. The first apartment is a bright and efficient studio, offering an open-concept layout with a full kitchen, spacious living/sleeping area, generous natural light, and neutral finishes. The second apartment is a comfortable two-bedroom unit featuring a separate bedroom with ample closet space, a full kitchen with abundant cabinetry and counter space, a spacious living room filled with natural light, and an inviting layout that appeals to long-term tenants. All three units are currently leased to excellent, long-standing tenants who would love to remain, providing immediate, stable cash flow from day one. Located in the heart of Audubon’s picturesque downtown, this property benefits from the vibrant energy of Merchant Street, where locally owned shops, restaurants, cafés, breweries, and year-round community events create a true smalltown Main Street experience. The combination of a thriving commercial tenant, two desirable residential apartments, and a walkable downtown location makes this a rare turnkey investment opportunity. Whether you’re looking to expand your commercial portfolio or secure a turnkey property with diversified rental income, 117 W. Merchant Street offers the perfect combination of dependable cash flow, timeless Main Street charm, and long-term investment potential.
    21 days
    659
    62

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Connell 856-905-5862,

    Keller Williams Realty - Cherry Hill

    Source: Bright MLS,MLS#: NJCD2128706MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Baseboard, Natural Gas
      Cooling
      • Central Air, Ductless, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Ceramic Tile, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,080
      • Total interior livable area: 2,080 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Parking Lot, On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Exterior features: Lighting, Sidewalks, Street Lights
      • Pool features: None
      Lot
      • Size: 2,000 Square Feet
      Details
      • Additional structures: Above Grade
      • Parcel number: 010006600002 01
      • Zoning: COMMERCIAL
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Audubon
      • Municipality: AUDUBON BORO

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $178,600
      • Annual tax amount: $7,501
      • Date on market: 10/15/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Light Fixtures, Appliances
      • Ownership: Fee Simple
      • Total actual rent: 40500
      • Income includes: Apartment Rentals, Shop Rentals

        Estimated market value

        $488,800

        $464,000 - $513,000

        $2,723/mo

        Price history

        DateEventPrice
        10/15/2026Listed for sale$495,000+65.1%$238/sqft
        Source: Bright MLS #NJCD2128706 Report a problem
        8/28/2021Pending sale$299,900+76.4%$144/sqft
        Source: Bright MLS #NJCD2002780 Report a problem
        12/3/2019Listing removed$1,300$1/sqft
        Source: Realty Solutions Report a problem
        11/4/2019Listed for rent$1,300+100%$1/sqft
        Source: Realty Solutions LLC Report a problem
        11/5/2018Listing removed$650
        Source: Realty Solutions LLC Report a problem
        10/30/2018Listed for rent$650
        Source: Realty Solutions LLC Report a problem
        3/30/2017Sold$170,000-2.9%$82/sqft
        Source: Agent Provided Report a problem
        1/16/2014Listing removed$175,000$84/sqft
        Source: Coldwell Banker Preferred - Haddonfield Office #5976895 Report a problem
        4/12/2013Listed for sale$175,000$84/sqft
        Source: Coldwell Banker Preferred - Haddonfield Office #5976895 Report a problem
        5/22/2012Listing removed$175,000$84/sqft
        Source: Coldwell Banker Preferred - Haddonfield Office #5976895 Report a problem
        11/30/2011Listed for sale$175,000$84/sqft
        Source: Coldwell Banker Preferred - Haddonfield Office #5976895 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08106

        Getting around

        73 / 100
        Very Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Audubon H.s.
        • District: Audubon Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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