320 WHITE HORSE PIKE Waterford Works, NJ 08089
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJCD2101476
Year Built 2003
Annual Tax Amount $5,008
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Welcome to 320 White Horse Pike, a fully vacant and highly adaptable triplex with mixed-use zoning and multiple paths for expansion. With three existing units, strong rental demand, and significant configuration flexibility, this property is ideal for investors, developers, or owner-operators seeking a versatile asset on a major thoroughfare.
**Current Configuration and Expansion Options
**Front Downstairs Unit – 3 Bedrooms / 2 Bathrooms
Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use).
**Second Downstairs Unit – 3 Bedrooms / 1 Bathroom
Offers substantial expansion potential. Options include:
- Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit
- Converting the additional space into flex living or workspace
- Reconfiguring into a fourth rental unit to increase total density and rent roll
**Upstairs Unit – 1 Bedroom / 1 Bathroom
Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential.
*Combined, these layouts offer multiple long-term strategies including:
- Full residential rental property
- Mixed-use commercial and residential
- A potential four-unit investment property
- Owner-occupied business with income-producing units
*Income and Market Positioning:
Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside.
*Location Benefits
Located directly on the White Horse Pike, this property offers:
- High visibility and drive-by traffic
- Immediate access to public transportation
- Convenient commuter routes in all directions
- Ample paved parking suitable for residential, commercial, or mixed-use operations
*320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset.
Location
State NJ
County Camden
Area Chesilhurst Boro (20410)
Zoning COMM
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Tile/Brick, Wood, Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Utilities Available Natural Gas Available
Water Access N
Roof Type Shingle,Flat
Street Surface US Highway/Interstate
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Private
New Construction N
Schools
School District Winslow Township Public Schools
Others
Tax ID 10-00909-00005
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
