NJ > Camden
Camden, NJ 08105,3069 RIVER RD
Camden, NJ 08105,3069 RIVER RD
Camden, NJ 08105,3069 RIVER RD
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Listed by Michael Greene • Keller Williams Real Estate-Langhorne
$2,000,000
Est. payment /mo
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5,998 SqFt
New

3069 RIVER RD Camden, NJ 08105

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,998 sqft

Price per Sqft $333

MLS Listing ID NJCD2098762

Year Built 2005

Annual Tax Amount $9,693

Tax Year 2024

Lot Size 5,998 Sqft

Acres 0.14

Lot Dimensions 60.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

The Kim Rock Group at Keller Williams is proud to present a rare investment opportunity to acquire 3069 River Road, a multi-use commercial property with diverse income streams and exceptional upside potential. This turnkey asset features a Fully Operational Laundromat – Equipped with Solar Panels for cost savings and 24 commercial-grade washing machines & 26 commercial dryers, this established, high-traffic laundromat offers immediate cash flow and expansion potential in a densely populated area. Also featured are Multiple Office Spaces – Flexible layouts ideal for professional services, co-working suites, or boutique business operations. There is also Residential Income – A spacious two-bedroom apartment on the second floor provides an additional revenue stream or on-site manager housing. This strategically located property is nestled in a high-demand corridor of Camden, benefiting from strong local demographics, increased urban development, and growing interest from entrepreneurs, remote professionals, and small business owners. With a projected Pro Forma cap rate of 8–10%, this property delivers both immediate income and long-term appreciation potential. Market-rate rents, standard escalation clauses, and stable tenant demand make this a compelling acquisition for seasoned investors and newcomers alike. Whether you're looking to own a business, diversify your portfolio, or capitalize on Camden's resurgence, 3069 River Road is a rare, income-producing opportunity that checks all the boxes. Contact us to schedule your private tour or request financials and Pro Forma projections.

Location

State NJ

County Camden

Area Camden City (20408)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Zoned

Inclusions Sale of the property is to be conveyed with all laundromat washing machines and dryers as well as furnishings, and fixtures.

Heat Source Natural Gas

Exterior

Garage Spaces 7.0

Water Access N

Accessibility None

Total Parking Spaces 7

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Camden City Schools

Others

Tax ID 08-00922-00052

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Virtual Tour https://listings.mikesperando.com/sites/nxznbke/unbranded

Bright MLS (BMLS)

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agent

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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