320 White Horse Pike, Waterford Works, NJ 08089
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
320 White Horse Pike,Waterford Works, NJ 08089
$349,999
- 5 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: carla h cornick
Office: coldwell banker realty
MLS#:NJCD2101482
Source:BRIGHTMLS
Price summary
- Price:$349,999
About this home
Welcome to 320 White Horse Pike, a fully vacant and highly adaptable triplex with mixed-use zoning and multiple paths for expansion. With three existing units, strong rental demand, and significant configuration flexibility, this property is ideal for investors, developers, or owner-operators seeking a versatile asset on a major thoroughfare. **Current Configuration and Expansion Options **Front Downstairs Unit – 3 Bedrooms / 2 Bathrooms Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use). **Second Downstairs Unit – 3 Bedrooms / 1 Bathroom Offers substantial expansion potential. Options include: - Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit - Converting the additional space into flex living or workspace - Reconfiguring into a fourth rental unit to increase total density and rent roll **Upstairs Unit – 1 Bedroom / 1 Bathroom Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential. *Combined, these layouts offer multiple long-term strategies including: - Full residential rental property - Mixed-use commercial and residential - A potential four-unit investment property - Owner-occupied business with income-producing units *Income and Market Positioning: Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside. *Location Benefits Located directly on the White Horse Pike, this property offers: - High visibility and drive-by traffic - Immediate access to public transportation - Convenient commuter routes in all directions - Ample paved parking suitable for residential, commercial, or mixed-use operations *320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset....
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Home facts
- Year built:2003
- Listing ID #:NJCD2101482
- Added:249 day(s) ago
- Updated:May 15, 2026 at 01:48 PM
Rooms and interior
- Bedrooms:5
- Flooring:Tile/Brick, Wood
- Basement:Yes
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat, Shingle
- Year built:2003
- Lot area:0.17 Acres
- Construction Materials:Frame
- Foundation Description:Block
Utilities
- Water:Private
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,999
- Tax amount:$5,008 (2024)
Features and amenities
- Amenities:Natural Gas Available
Parking
- Parking description:Parking Lot, Paved Parking
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