Cherry Hill Mall, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cherry Hill Mall, New Jersey Market population: 15K. Explore income-producing properties with verified cap...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Cherry Hill Mall NJ Properties: 3.1700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Cherry Hill Mall NJ
Common questions from investors exploring commercial real estate in Cherry Hill Mall NJ.
What's the overall investment potential of Cherry Hill Mall, NJ?
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The combination of a relatively low poverty rate of 7.6%, high health insurance coverage of 93.4%, and a strong median household income of $86,108 suggests a stable market with good tenant quality, while the top industries in Information and Manufacturing also indicate a diverse economy.
How does the commute time impact the quality of life for renters in Cherry Hill Mall, NJ?
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The average commute time of 27.7 minutes, coupled with a high percentage of residents who drive alone or work from home, indicates a relatively convenient and flexible commute, which is attractive to renters, especially considering the area's low poverty rate and high health insurance coverage.
What role does ethnic diversity play in the demand for real estate in Cherry Hill Mall, NJ?
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The presence of a diverse population with top ethnicities including White, White Non-Hispanic, and Asian suggests a culturally vibrant community, which can drive demand for housing, particularly when combined with the area's strong employment rate of 7,627 and top industries in Professional and Scientific services.
How does the median property value and tax impact the ROI for investors in Cherry Hill Mall, NJ?
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The median property value of $258,500 and median property taxes of $3,651 need to be considered in the context of the area's high homeownership rate of 70.5% and relatively low poverty rate, indicating a potentially stable and profitable investment opportunity, especially for investors who can navigate the local tax landscape.
What are the implications of the GINI coefficient and employment rate for real estate investors in Cherry Hill Mall, NJ?
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The GINI coefficient of 0.394, which indicates a moderate level of income inequality, combined with an employed population of 7,627 and a low poverty rate of 7.6%, suggests that investors can expect a relatively stable tenant base with a mix of income levels, which can be attractive for those looking to diversify their rental portfolio.
Cherry Hill Mall NJ Real Estate & City Facts
Key facts and real estate information about Cherry Hill Mall NJ.
What are some of the best neighborhoods to live in Cherry Hill Mall?
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Some of the best neighborhoods to live in Cherry Hill Mall include Kings Croft, which is a peaceful and family-friendly neighborhood known for its cleanliness and convenience. Other desirable areas tend to be in the northwest parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Cherry Hill Mall?
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There are plenty of fun things to do in Cherry Hill Mall, including shopping at the Cherry Hill Mall, which features stores like Nordstrom, Apple, and Sephora. You can also visit the International Sports Center, or check out the events and attractions at Historic Croft Farms and Jake's Place.
What is the food scene like in Cherry Hill Mall?
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The food scene in Cherry Hill Mall is diverse and exciting, with a range of restaurants to choose from, including Eddie V's Prime Seafood, The Farm and Fisherman Tavern, and Fevzi Mediterranean Grill. There are also plenty of great food trucks and casual eateries to grab a bite on the go.
What are the pros and cons of living in Cherry Hill Mall?
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The pros of living in Cherry Hill Mall include its great location, with plenty of shopping and dining options, as well as its family-friendly atmosphere. However, some cons include high property taxes, with a median cost of $10-15k per year, and traffic, which can be heavy in some areas.
Is Cherry Hill Mall a good place to live?
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Overall, Cherry Hill Mall is a great place to live, with its convenient location, family-friendly atmosphere, and plenty of amenities. While it may have some drawbacks, such as high property taxes and traffic, the benefits make it a desirable place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Cherry Hill Mall NJ Commercial Property: $86,108
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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