One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop. The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant. With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income. Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia. For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.
Under contract
$550,000
3400 Cove Rd, Merchantville, NJ 08109
7beds
--baths
--sqft
Retail
Built in 2020
-- sqft lot
$543,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 57 days
- 88
- 2
Zillow last checked:
Listing updated:
Listed by:
Alex Falcao 973-941-6999,
Real Broker, LLC,
Co-Listing Agent: Alessandro Falcao 973-941-6999,
Real Broker, LLC
Source: Bright MLS,MLS#: NJCD2125298
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 0
Heating
- Radiant, Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Built-In Range, Dryer, Freezer, Dishwasher, Refrigerator, Cooktop, Oven/Range - Electric, Washer, Washer/Dryer Stacked, Water Heater, Gas Water Heater
Features
- Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Eat-in Kitchen, Kitchen - Table Space, Bathroom - Tub Shower
- Flooring: Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,862 Square Feet
- Dimensions: 44.00 x 65.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 270310900033
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Retail
Materials
- Brick
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Merchantville
- Municipality: MERCHANTVILLE BORO
Financial & listing details
- Tax assessed value: $437,000
- Annual tax amount: $9,928
- Date on market: 8/24/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,1031 Exchange,Conventional
- Ownership: Fee Simple
- Total actual rent: 81900
- Income includes: Apartment Rentals, Other
Estimated market value
$543,700
$517,000 - $571,000
$2,886/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Contingent | $550,000 |
Source: | ||
| 8/25/2026 | Listed for sale | $550,000+52.8% |
Source: | ||
| 9/22/2020 | Sold | $359,900 |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08109
Nearby schools
Schools provided by the listing agent
- District: Pennsauken Township 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.







