40-Unit Value-Add Multifamily Portfolio | Runnemede, NJ

424 North Black Horse Pike, Runnemede, NJ 08078

Significant Upside Through Renovation: Renovated units have achieved an average rent 70% higher than unrenovated legacy units. 

Below Market Rents: Ownership has prioritized leasing the property to secure cash flow over maximizing rent.

No Rent Stabilization: The Portfolio is in a municipality that is not subject to rent stabilization or rent control.

Auctioneer: Richard G. Warner

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 0120281

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Contacts

broker

Doug Clark

RealINSIGHT Marketplace

(202) 715-9528

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Runnemede, NJ
  • Neighborhood Runnemede
  • Zip Code 08078
  • Market New Jersey

Points of Interest

  • Ashland

    3.46 miles

  • Woodcrest

    3.54 miles

  • Haddonfield

    3.65 miles

  • Westmont

    4.02 miles

  • Lindenwold

    4.11 miles

  • Collingswood

    4.23 miles

  • Ferry Avenue

    4.93 miles

  • Cherry Hill

    5.49 miles

  • Rodriguez cab

    6.53 miles

  • Broadway

    6.68 miles

  • Sam's Club

    1.29 miles

  • Wawa

    1.61 miles

  • BJ's Gas

    1.76 miles

  • Wawa

    2.00 miles

  • Hess

    2.09 miles

  • Speedway

    2.20 miles

  • Shell

    2.42 miles

  • Royal Farms

    2.43 miles

  • Lukoil

    2.69 miles

  • Gulf

    2.73 miles

  • Howard's Gulf Service

    2.01 miles

  • Gloucester Mt. Ephraim Trail Parking

    2.21 miles

  • Church Parking Lot

    3.50 miles

  • Inspira Hospital Emergency Room

    4.05 miles

  • free parking (gravel lot)

    4.28 miles

  • Truck Parking

    4.34 miles

  • Mews Parking Lot

    4.35 miles

  • paved parking.

    4.36 miles

  • National Guard Parking

    4.85 miles

  • free parking for park and dog run.

    4.86 miles

  • Days Inn by Wyndham Runnemede Philadelphia Area

    0.35 miles

  • La Quinta

    0.38 miles

  • La Quinta Inn & Suites Runnemede

    0.38 miles

  • Howard Johnson Express Inn Bellmawr/Philadelphia Area

    0.66 miles

  • Super 8 Bellmawr NJ/Philadelphia PA Area

    0.73 miles

  • Econo Lodge Bellmawr

    0.77 miles

  • Red Roof Inn & Suites Bellmawr

    0.82 miles

  • Residence Inn Deptford

    1.51 miles

  • Fairfield Inn Deptford

    1.55 miles

  • Hampton Inn & Suites Deptford

    1.87 miles

  • Dunkin' Donuts

    0.81 miles

  • Carmen's Deli

    0.94 miles

  • Larry’s Cold Cuts

    1.07 miles

  • Dunkin' Donuts

    1.12 miles

  • Five Guys

    1.25 miles

  • Joe's Crab Shack

    1.28 miles

  • Panera Bread

    1.29 miles

  • Chipotle

    1.30 miles

  • McDonald's

    1.33 miles

  • Boston Market

    1.36 miles

  • Downing Elementary School

    0.16 miles

  • Bingham Elementary School

    0.36 miles

  • Mary E Volz Elementary School

    0.46 miles

  • Saint Teresa Regional School

    0.57 miles

  • Triton Regional High School

    0.61 miles

  • Ethel M Burke Elementary School

    0.87 miles

  • Glendora Elementary School

    1.01 miles

  • Saint Francis de Sales Regional School

    1.38 miles

  • Castle Academy Elementary School

    1.45 miles

  • Bell Oaks Elementary School

    1.50 miles

  • Atlantic Avenue Elementary School

    2.34 miles

  • The Goddard School - Laurel Springs

    3.15 miles

  • One Step at a Time Academy

    3.57 miles

  • KinderCare

    4.04 miles

  • Fairivew Village Preschool

    4.10 miles

  • Martin Luther King Child Development Center

    4.87 miles

  • Camden Kids Academy

    5.43 miles

  • Partners in Primary Care

    5.78 miles

  • Early Learning Center

    5.88 miles

  • Ward Center for Children

    5.99 miles

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Contact Listing Broker

broker

Doug Clark

RealINSIGHT Marketplace

(202) 715-9528