This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$550,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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
Full Property Details for 3400 Cove
General
- Price: $550,000
- Taxes: $9,928 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJCD2125390
- Updated: 8/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building, Hair Salon and Spa
Rooms
Bathrooms
- Restrooms: 1
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
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
- Construction: Brick
- Building Size: 4500
- Year Built: 2020
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,862
- Lot Size Source: Estimated
- Lot Dimensions: 44.00 x 65.00
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $122.22
- 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: Common Area Maintenance, Insurance, Sewer, Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 33
Listed by Real Broker, LLC, Alessandro Falcao
Get Pre-Approved Today
Price & Sales History for 3400 Cove
Date
Details
Price
Change
Source
8/24/2026
Listed
$550,000
223.53%
MLS
11/05/2007
Sold
$170,000
—
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 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
—
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 3400 Cove
3400 Cove, Merchantville, NJ 08109 (MLS# NJCD2125390) is a Apartment property. 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 Apartment real estate for sale in Merchantville? You can browse all Merchantville real estate or contact a Coldwell Banker agent to request more information.

