Other For Sale - 607 W MAPLE AVE, MERCHANTVILLE, NJ 08109

607 W MAPLE AVE, MERCHANTVILLE, 08109, NJ

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21-Unit Value-Add Apartment Community | Extensively Renovated | Turnkey Investment Opportunity Property Overview 607 W. Maple Avenue presents the opportunity to acquire a substantially renovated 21-unit multifamily community consisting of three residential buildings in the desirable Borough of Merchantville, Camden County, New Jersey. Current ownership has completed an extensive capital improvement program that has transformed the property into a modern, turnkey investment with significantly reduced deferred maintenance and strong long-term income potential. Over the course of ownership, nearly every major building system has been replaced or upgraded, including electrical, HVAC, roofing, windows, plumbing, insulation, and apartment interiors. These improvements provide investors with a stabilized asset requiring minimal near-term capital expenditures while offering modern amenities that attract and retain quality tenants. Investment Highlights 21 apartment units across three well-maintained residential buildings Extensive property-wide renovation and capital improvement program completed Complete replacement of electrical infrastructure, including new 600-amp services, individual meters, panels, wiring, and transformer Brand-new high-efficiency forced-air heating and central air conditioning installed in every apartment New hot water heaters and plumbing upgrades throughout Renovated kitchens featuring new cabinetry, stainless steel appliances, and dishwashers Updated bathrooms with modern fixtures and finishes New flooring and interior finishes throughout the property New roofs, plywood decking (where required), gutters, windows, and attic insulation Exterior stucco repairs, painting, landscaping, lighting, walkways, mailboxes, and site improvements Individually metered electric service Modern building systems significantly reduce future maintenance and capital costs Strong curb appeal with professionally improved exterior presentation Turnkey investment positioned for long-term stable cash flow Location Located in the heart of Merchantville, the property offers convenient access to Route 38, Route 70, Route 130, Interstate 295, the New Jersey Turnpike, and the Ben Franklin Bridge, providing quick connectivity to Philadelphia and the surrounding South Jersey markets. Residents enjoy proximity to shopping, dining, public transportation, major employers, and recreational amenities. Investment Opportunity 607 W. Maple Avenue represents a rare opportunity to acquire a fully renovated multifamily asset where ownership has already completed the heavy lifting. With modern infrastructure, updated apartment interiors, and significantly reduced deferred maintenance, the property is ideally suited for investors seeking a stabilized, low-maintenance apartment community with long-term appreciation potential in a strong South Jersey rental market.

MLS# NJCD2121240

BHHS Fox & Roach-Marlton

Active For Sale Commercial

$4,500,000

Other

1984 Year built

1 days on market

Property Features

Type

CRE

Acres

0.57

Style

Apartment Building

Cooling

Central A/C

Heating

90% Forced Air

Lot Size

100.00 x 250.00

Year Built

1984

Sub Type Text

Other

Construction

Block

Accessibility

None

Lot Size Area Units

Square Feet

Location

Directions: Major Regional Highways : U.S. Route 130: Located directly to the west. West Maple Avenue feeds straight into Route 130, which acts as a primary multi-lane highway leading toward the Betsy Ross Bridge and standard North-South New Jersey transit routes. Route 38: Situated just a short drive to the south. It can be accessed quickly via Merchantville Avenue and provides direct access to Philadelphia via the Ben Franklin Bridge or east toward the Cherry Hill Mall area. Route 70: Another massive east-west commercial highway located further south in Cherry Hill, running parallel to Route 38.Interstate 295 / NJ Turnpike: Accessible within a few miles via eastbound Route 38 or Route 70, supplying long-distance transit up and down the East Coast.

Market Area: Merchantville Boro (20424)