Camden, NJ 08105,3069 RIVER RD
Camden, NJ 08105,3069 RIVER RD
Camden, NJ 08105,3069 RIVER RD
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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635
Listed by Michael Greene • Keller Williams Real Estate-Langhorne
$2,000,000
Est. payment /mo
5,998 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCD2109176

Year Built 2005

Annual Tax Amount $10,087

Tax Year 2025

Lot Size 5,998 Sqft

Acres 0.14

Lot Dimensions 60.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby Schools and Properties

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Camden's Pride Charter School

    Public | KG - 4

  • 7

    Environment Community Opportunity (Eco) Charter Sc

    Public | KG - 5

  • 7

    Franklin Towne Charter Elementary School

    Public | KG - 8

  • 6

    Knowledge a to Z Charter School

    Public | KG - 4

  • 6

    James A. Garfield Elementary School

    Public | KG - 5

  • 6

    William P. Tatem Elementary School

    Public | KG - 5

  • 5

    Leap Academy University Charter School

    Public | KG - 12

  • 5

    Conwell Russell Middle School

    Public | 5 - 8

  • 5

    Ad Prima Charter School

    Public | KG - 8

  • 5

    Camden's Promise Charter School

    Public | 5 - 8

  • 5

    Mark Newbie Elementary School

    Public | KG - 5

  • 5

    Strawbridge Elementary School

    Public | KG - 5

  • 5

    Merchantville Elementary School

    Public | PK - 8

  • 4

    Adaire Alexander School

    Public | KG - 8

  • 4

    Community Academy of Philadelphia Charter School

    Public | KG - 12

  • 4

    Woodlynne Borough Public School

    Public | PK - 8

  • 4

    A E Burling Elementary School

    Public | KG - 4

  • 4

    Bridesburg Elementary School

    Public | KG - 6

  • 3

    Horatio B. Hackett School

    Public | KG - 5

  • 3

    Frances E. Willard

    Public | KG - 4

Middle Schools 4
  • 4

    Amy at Martin

    Public | 6 - 8

  • 1

    Penn Treaty

    Public | 6 - 12

  • 0

    Pyne Point Middle School

    Public | 7 - 8

  • 0

    East Camden Middle School

    Public | 6 - 8

High Schools 14
  • 6

    Dr. Charles E. Brimm Medical Arts High School

    Public | 9 - 12

  • 5

    Camden Academy Charter High School

    Public | 9 - 12

  • 4

    Camden County Technical School-Pennsauken

    Public | 9 - 12

  • 1

    Kensington Creative & Performing Arts High School

    Public | 9 - 12

  • 1

    Kensington Health Sciences Academy

    Public | 9 - 12

  • 1

    Kensington International Business High School

    Public | 9 - 12

  • 1

    Kensington Urban Education

    Public | 9 - 12

  • 1

    Mastbaum Jules E Avts

    Public | 9 - 12

  • 1

    Camden High School

    Public | 9 - 12

  • 1

    Met East High School

    Public | 9 - 12

  • 1

    Woodrow Wilson High School

    Public | 9 - 12

  • 0

    Urban Promise Academy

    Private | 9 - 12

  • 0

    Bishop Eustace Preparatory School

    Private | 9 - 12

  • 0

    Camden Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635

Realtor Associate | License ID: 1644529

Realtor Associate License ID: 1644529

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