3069 River Rd,CAMDEN, NJ 08105
CAMDEN, NJ 08105
Description
Proud to present a rare opportunity to acquire 3069 River Road and 1013 N 31st Street in Camden, New Jersey - two income-producing properties offering diversified revenue streams and strong upside potential. 3069 River Road is a turnkey, mixed-use commercial asset featuring a fully operational, solar-powered laundromat equipped with 24 commercial-grade washers and 26 dryers. This established, high-traffic business provides immediate cash flow with room for operational growth. The property also includes multiple flexible office spaces suitable for professional services, co-working, or boutique businesses, along with a spacious two-bedroom, two full-bath apartment on the second floor that generates additional income or can serve as on-site manager housing. Included in the offering is 1013 N 31st Street (Tax ID #08-00922-00046), a 1,500-square-foot single-family home featuring three bedrooms, two bathrooms, a functional layout, and a private rear yard. Located near schools, shopping, public transportation, and major highways, it benefits from steady rental demand and convenient access to Philadelphia and surrounding areas.Positioned in a high-demand Camden corridor experiencing continued redevelopment and demographic growth, this portfolio offers a projected pro forma cap rate of 8-10%, market-rate rent potential, and long-term appreciation. Whether you are seeking business ownership, portfolio diversification, or value-add upside, this combined offering presents a compelling investment opportunity. Contact us for financials, Pro Forma projections, or to schedule a private tour.
Details
| MLS # | NJCD2123860 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2005 |
| Days On Site | 63 |
| Listing Provided By | Keller Williams Real Estate-Langhorne | Michael Greene |
Features
| Zoning | COMMERCIAL |
|---|---|
| Acreage | 0.14 |
Interior
| Cooling | Zoned |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Concrete, Block |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 10087 |
|---|
Area Information
| State | NJ |
|---|---|
| County | CAMDEN NJ |
| City | CAMDEN |
| Zip Code | 08105 |
| Area | Camden City (20408) |
| School District | CAMDEN CITY SCHOOLS |
| Listing VS Median (in 08105) | |
Price: $1,950,000 low | high Med: $198,900 On site: 63 low | high Med: 90 | |
Market Activity 08105
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Learn More About This Property
| State | NJ |
|---|---|
| County | CAMDEN NJ |
| City | CAMDEN |
| Zip Code | 08105 |
| Area | Camden City (20408) |
| School District | CAMDEN CITY SCHOOLS |
| Listing VS Median (in 08105) | |
Price: $1,950,000 low | high Med: $198,900 On site: 63 low | high Med: 90 | |