216 White Horse PikeClementon, NJ 08021

  • Other commercial real estate
  • 0.25 AC
For Lease
$7.89/SF/YR View listing

Property Details for 216 White Horse Pike

Lot size
0.25 AC
Property type
Other commercial real estate
APN
11 00075-0000-00022
APU
1100075000000022

Description

This exceptional mixed-use property, located at 216 White Horse Pike in Clementon, NJ 08021, presents a unique investment opportunity. The 5,200 square foot building, constructed in 1960 and completely renovated in 2024, boasts a versatile layout ideal for a variety of commercial and residential uses. Currently configured with a fully renovated three-bedroom apartment and attached commercial/office space, the property offers significant rental income potential. The 3,800 square foot commercial space is available for lease. The building sits on a 0.26-acre lot and features eight parking spaces, a significant advantage given its Highway Commercial (HC) zoning. This zoning allows for a wide range of business types to thrive, capitalizing on the high volume of vehicular and pedestrian traffic on White Horse Pike. The property's prime location provides excellent visibility and convenient access to major highways, shopping centers, and local amenities. This two-story building offers a blend of residential and commercial space, making it an attractive option for both investors and business owners. The combination of a strong location, recent renovations, and flexible zoning makes this a rare opportunity in Southern New Jersey's thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,999,316
    Hospitality
    $3,663,352
    Educational
    $3,047,866
    Medical
    $3,152,686
    Retail
    $4,741,124
216 White Horse Pike, Clementon, New Jersey

Location Insight

City
Clementon
County
Camden
State
New Jersey
Latitude
39.8085
Longitude
-74.9772
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,398
$41,100
$151,600
$192,700
-
$41,100
$151,600
$192,700

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