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$550,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 20 hours ago
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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.

Full Property Details for 3400 Cove

General

  • Price: $550,000
  • Taxes: $9,928 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: NJCD2125298
  • Updated: 8/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower
  • Appliances: Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater

Parking

  • Parking Type: None

Location

  • Area: Merchantville Boro (20424)
  • Municipality: MERCHANTVILLE BORO
  • County: CAMDEN
  • Cross Streets: Park Ave
  • Driving Directions: Park Ave to Cove Rd

School Information

  • School District: Pennsauken Township Public Schools

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiant, Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Over Storefront
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Sq. Ft. Source: Assessor
  • Year Built: 2020
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 2,862
  • Lot Size Source: Assessor
  • Lot Dimensions: 44.00 x 65.00
  • Zoning: RESIDENTIAL

Financial Considerations

  • Operating Expenses: $12,088
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $437,000
  • Tax Amount: $9,928
  • Tax Year: 2025
  • Owner Pays: Insurance, Taxes - Real Estate, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 33

Listed by Real Broker, LLC, Alessandro Falcao

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Listing agents

— 3400 Cove —

  • Alessandro Falcao

    Real Broker, LLC

  • Alessandro Falcao

    Real Broker, LLC

Listing Office Email: njbroker@onereal.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 3400 Cove Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/24/2026
Listed
$550,000
223.53%
MLS
11/05/2007
Sold
$170,000
—
Public Record
Get Price Alerts and Save Property
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 for 3400 Cove

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,929
-6%
$437,000
—
2024
$10,571
2%
$437,000
80%
2023
$10,367
5%
$242,900
—
2022
$9,852
18%
$242,900
15%
2021
$8,370
6%
$211,200
—
2020
$7,888
3%
$211,200
—
2018
$7,624
1%
$211,200
—
2019
$7,584
-1%
$211,200
—
2017
$7,639
2%
$211,200
—
2016
$7,502
2%
$211,200
—
2015
$7,367
-5%
$211,200
43%
2013
$7,720
—
$148,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Real Broker, LLC, Alessandro Falcao

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3400 Cove, Merchantville, NJ 08109 (MLS# NJCD2125298) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3400 Cove is currently listed for $550,000 and was received on August 24, 2026. Want to learn more about 3400 Cove? Do you have questions about finding other Multi-Family real estate for sale in Merchantville? You can browse all Merchantville real estate or contact a Coldwell Banker agent to request more information.

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