About this home

One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop. The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant. With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income. Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia. For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.

Facts and features

Schools

• Pennsauken High School

  high · 9-12 · 2.4 mi

  1

• Christian Academy of Merchantville

  elementary · K-3 · 0.3 mi

• Benjamin Franklin Elementary School

  elementary · K-3 · 0.6 mi

  3

• Howard M Phifer Middle School

  middle · 6-8 · 1.1 mi

  3

• St Peter Elementary School

  elementary · K-8 · 0.4 mi

• George B. Fine Elementary School

  elementary · K-3 · 0.9 mi

  3

Price history

• Aug 25, 2026 · Listed$550,000
• Dec 3, 2022 · Listing Removed—
• Oct 27, 2022 · Price Changed For Rent$1,500
• Sep 28, 2022 · Listed For Rent$1,700
• Oct 2, 2020 · Sold$359,900
• Aug 14, 2020 · Listing Removed—
• Jun 5, 2020 · Price Changed$359,900
• Mar 6, 2020 · Listed$369,900

Tax history

• 2025$9,928 tax · $437,000 assessed
• 2024$10,571 tax · $437,000 assessed
• 2023$10,366 tax · $242,900 assessed
• 2022$8,150 tax · $211,200 assessed
• 2021$7,964 tax · $211,200 assessed
• 2020$7,497 tax · $211,200 assessed
• 2019$7,584 tax · $211,200 assessed
• 2018$7,624 tax · $211,200 assessed

Home value

$645,284

• Quantarium$645,284
• Collateral Analytics$641,000

Where it is