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Property Description
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 one-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 small-town 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.
Full Property Details
Full Property Details for 117 W Merchant St
General
- Price: $495,000
- Taxes: $7,501 (2025)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: NJCD2121196
- Updated: Today (7/1/2026)
- Added to Site: Today
Business
- Business Type: Other
Interior
- Flooring: Hardwood, Ceramic Tile, Vinyl
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 4
- Parking Features: Lighted Parking, Public
- Parking Type: Driveway, On Street, Parking Lot
Location
- Area: Audubon Boro (20401)
- Municipality: AUDUBON BORO
- County: CAMDEN
- Subdivision: DOWNTOWN
- Cross Streets: E. Atlantic Avenue
- Driving Directions: White Horse Pike to W. Merchant
- Location Details: Downtown
School Information
- Elementary School: Mansion Avenue School
- Middle School: Audubon Jr-Sr
- High School: Audubon H.S.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s), Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Other
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Flat
- Stories/Levels: 2
- Building Size: 2080
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,000
- Lot Size Source: Estimated
- Lot Dimensions: 16.00 x 125.00
- Zoning: COMMERCIAL
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $237.98
- Annual Heat Cost: $500
- Assessment Year: 2020
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $178,600
- Tax Amount: $7,501
- Tax Year: 2025
- Owner Pays: Insurance, Repairs, Sewer, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: light fixtures, appliances
- Lot Number: 00002 01
Listed by Keller Williams Realty, Melissa A Connell
Get Pre-Approved Today
Schools
Schools serving 117 W Merchant St
School District:Audubon Borough School District
| Name | Grades | Distance |
|---|---|---|
Haviland Avenue Elementary School 240 South Haviland Avenue, Audubon, NJ 08106 | PK-2 | 0.4 mi |
Mansion Avenue Elementary School 300 Mansion Avenue, Audubon, NJ 08106 | 3-6 | 0.4 mi |
Audubon High School 350 Edgewood Avenue, Audubon, NJ 08106 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 W Merchant St
Date
Details
Price
Change
Source
7/01/2026
Listed
$495,000
65%
MLS
9/14/2021
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 117 W Merchant St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,210
3%
$178,600
—
2023
$6,971
3%
$178,600
—
2022
$6,785
4%
$178,600
—
2021
$6,503
1%
$178,600
—
2020
$6,440
1%
$178,600
—
2019
$6,355
1%
$178,600
—
2018
$6,276
2%
$178,600
—
2017
$6,146
3%
$178,600
—
2016
$5,985
3%
$178,600
—
2015
$5,790
8%
$178,600
—
2013
$5,367
—
$178,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 117 W Merchant St
117 W Merchant Street, Audubon, NJ 08106 (MLS# NJCD2121196) is a Commercial property. 117 W Merchant Street is currently listed for $495,000 and was received on July 01, 2026. Want to learn more about 117 W Merchant Street? Do you have questions about finding other Commercial real estate for sale in Audubon? You can browse all Audubon real estate or contact a Coldwell Banker agent to request more information.

