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$1,500,000 Just Listed
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Property Description
Unique Investment Opportunity - Licensed Salvage Yard + Income-Producing Residential Property on 7.95 Acres Rare opportunity to own a fully licensed and operating salvage/junk yard situated on 7.95 acres (346,302 SF) with unlimited vehicle capacity under the current active salvage yard license - a highly valuable and hard-to-obtain asset for investors, operators, and business owners alike. This exceptional property is being sold as one package, including Lots 29 & 30 under one deed, and offers a combination of commercial functionality, income potential, and residential value. Commercial Features: Active Salvage Yard License with no vehicle limit Approximately 4 cleared usable acres, ideal for operations, storage, and expansion Remaining acreage is wooded for added privacy and buffer Entire yard fully fenced and gated Block garage featuring: Two 10' x 10' overhead doors New roof 2-post automotive lift Existing service pit for mechanical work Excellent setup for auto salvage, towing operations, equipment storage, contractor yard, or automotive-related business Residential / Income-Producing Features: Included in the sale is a 3-bedroom residential home currently producing rental income, offering immediate cash flow. The property also features an owner's 3-bedroom residence with: Full basement Enclosed porch Spacious living accommodations Why This Property Stands Out Opportunities like this are extremely limited - combining an established licensed salvage operation, multiple structures, rental income, and nearly 8 acres of secured property creates unmatched potential for owner-users, investors, or business expansion. Whether you're looking to expand an existing operation, launch a new business, or secure a versatile income-producing asset, this property delivers exceptional value. Serious inquiries only.
Full Property Details
Full Property Details for Coles Mill Rd
General
- Price: $1,500,000
- Taxes: $5,826 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: NJGL2073814
- Updated: Today (5/29/2026)
- Added to Site: Today
Business
- Business Type: Auto Related, Other, Truck Maintenance Facility, Park
Parking
- Total Spaces: 15
- Parking Type: Driveway, Parking Lot, Other
Location
- Area: Franklin Twp (20805)
- Municipality: FRANKLIN TWP
- County: GLOUCESTER
- Driving Directions: 2985 Coles Mill Rd, Franklinville, NJ 08322 GPS
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Septic Exists
- Water: Well
Structural Information
- Construction: Other
- Building Size: 1032
- Year Built: 1960
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 7.95
- Lot Size (Sq. Ft.): 346,302
- Lot Size Source: Estimated
- Zoning: RA
Financial Considerations
- Price Per Sq. Ft.: $1,453.49
- Tax w/Assessment: $150,300
- Tax Amount: $5,826
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX Preferred - Cherry Hill, ARAFAT FARHAT
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Price & Sales History for Coles Mill Rd
Date
Details
Price
Change
Source
5/29/2026
Listed
$1,500,000
200%
MLS
1/27/2005
Sold
$500,000
—
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 Coles Mill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,427
5%
$37,700
—
2022
$1,353
2%
$37,700
—
2021
$1,331
3%
$37,700
—
2018
$1,286
2%
$37,700
—
2017
$1,261
—
$37,700
—
2016
$1,256
8%
$37,700
—
2015
$1,162
-11%
$37,700
—
2019
$1,303
49%
$37,700
—
2013
$877
—
$37,700
29%
2013
$877
—
$29,200
—
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 Coles Mill Rd
Coles Mill Rd, Franklin Township, NJ 08322 (MLS# NJGL2073814) is a Commercial Service property. Coles Mill Rd is currently listed for $1,500,000 and was received on May 29, 2026. Want to learn more about Coles Mill Rd? Do you have questions about finding other Commercial Service real estate for sale in Franklinville? You can browse all Franklinville real estate or contact a Coldwell Banker agent to request more information.

