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$975,000 Just Listed
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Property Description
This 10,000 SF commercial property, located at 5309 Marlton Pike W in Pennsauken, NJ, offers a strong investment opportunity with a stable, long-term income stream. The property is fully leased to Best Buy Furniture through 2034, ensuring minimal landlord responsibilities. Positioned on a 17,630 SF lot, the building is equipped with one drive-in loading dock and an additional rear garage door, enhancing its versatility for both retail and logistics uses. Although the site currently offers six parking spaces at the front, a rear section of the lot remains vacant, providing the potential to expand parking or support additional operational improvements. This asset is being offered at a 7.03% capitalization rate, supported by a dependable tenant and lease structure. Notably, the lease includes three scheduled rent escalations prior to expiration, which further enhances income growth over the hold period. Strategically located with convenient access to Philadelphia, the Philadelphia International Airport, and major South Jersey and Delaware transit routes, the property boasts excellent regional connectivity. This makes it an appealing option for investors seeking a stabilized asset with built-in rental growth in a high-demand commercial corridor.
Full Property Details
Full Property Details for 5309 Marlton Pike
General
- Price: $975,000
- Taxes: $21,041 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJCD2114850
- Updated: 4/9/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Total Spaces: 8
- Parking Type: Parking Lot
Location
- Area: Pennsauken Twp (20427)
- Municipality: PENNSAUKEN TWP
- County: CAMDEN
- Driving Directions: GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Concrete
- Drive-In Doors: 1
- # Loading Docks: 1
- Building Size: 10000
- Year Built: 1960
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,629
- Lot Size Source: Estimated
- Lot Dimensions: 82.00 x 215.00
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $97.5
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $483,500
- Tax Amount: $21,041
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 00003 02
Listed by Keller Williams Realty, Jason Kleinman
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Schools
Schools serving 5309 Marlton Pike
School District:Pennsauken Township School District
| Name | Grades | Distance |
|---|---|---|
Howard M Phifer Middle School 8201 Park Ave, Pennsauken Township, NJ 08109 | 7-8 | 2.9 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 5309 Marlton Pike
Date
Details
Price
Change
Source
4/09/2026
Listed
$975,000
—
MLS
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 5309 Marlton Pike
Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,042
7%
$972,000
101%
2022
$19,611
2%
$483,500
—
2021
$19,161
6%
$483,500
—
2020
$18,059
4%
$483,500
—
2019
$17,362
-1%
$483,500
—
2018
$17,454
—
$483,500
—
2017
$17,488
2%
$483,500
—
2016
$17,174
2%
$483,500
—
2015
$16,864
-5%
$483,500
42%
2013
$17,771
—
$340,700
—
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 5309 Marlton Pike
5309 Marlton Pike, Pennsauken, NJ 08109 (MLS# NJCD2114850) is a Retail property. 5309 Marlton Pike is currently listed for $975,000 and was received on April 09, 2026. Want to learn more about 5309 Marlton Pike? Do you have questions about finding other Retail real estate for sale in Pennsauken? You can browse all Pennsauken real estate or contact a Coldwell Banker agent to request more information.

