About This Home

This 0-bedroom, 0-bathroom residential multi family at 117 W MERCHANT Street in Audubon, NJ is listed for $495,000 ($238 per sqft). Built in 1920, the home offers 2,080 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1920
  • 0.05 acre lot
  • 4 parking spaces

Property Details

4 spaces
1920

Amenities

A/C
Listing Description

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Audubon! Ideally situated along Audubon's charming Merchant Street business district, this fully occupied, income-producing property offers an outstanding opportunity to own a piece of one of South Jersey's most beloved Main Streets.

The street level commercial space is home to the well-established Broken Anchor Barbershop, a beautifully maintained storefront featuring multiple barber stations, custom wood finishes, classic subway tile accents, industrial lighting, a private kitchenette/break area, and excellent street visibility in a thriving downtown setting.

Above the commercial space are two residential apartments, each with private entrances. The first apartment is a bright and efficient studio, offering an open-concept layout with a full kitchen, spacious living/sleeping area, generous natural light, and neutral finishes.

The second apartment is a comfortable two-bedroom unit featuring a separate bedroom with ample closet space, a full kitchen with abundant cabinetry and counter space, a spacious living room filled with natural light, and an inviting layout that appeals to long-term tenants.

All three units are currently leased to excellent, long-standing tenants who would love to remain, providing immediate, stable cash flow from day one. Located in the heart of Audubon's picturesque downtown, this property benefits from the vibrant energy of Merchant Street, where locally owned shops, restaurants, cafes, breweries, and year-round community events create a true smalltown Main Street experience.

The combination of a thriving commercial tenant, two desirable residential apartments, and a walkable downtown location makes this a rare turnkey investment opportunity. Whether you're looking to expand your commercial portfolio or secure a turnkey property with diversified rental income, 117 W. Merchant Street offers the perfect combination of dependable cash flow, timeless Main Street charm, and long-term investment potential.

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

117 W MERCHANT Street

Audubon, NJ 08106

Property Details

Construction

Brick

Parking

On StreetParking Lot

Heating

Electric (Heating)Baseboard

Cooling

DuctlessCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 117 W MERCHANT Street is listed at $495,000 ($238/sqft). The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.05 acre lot, 4 parking spaces.

This property is listed by Melissa A Connell.

MC

Melissa A Connell

License 1008090

Agent at Keller Williams Realty - Cherry Hill

Listed by Keller Williams Realty - Cherry Hill · Broker phone: (856) 321-1212 · View on Broker Site · Broker website

MLS# NJCD2128706· Source: Bright MLS· 14 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

117 W MERCHANT Street, Audubon, NJ 08106

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