Seller's Agent in 2023
Chris Lucien
KW Empower
(215) 668-4878
2 in this area
22 Total Sales
2420 Church Rd Cherry Hill, NJ 08002
Estimated Value: $308,494
2
Beds
1
Bath
1,050
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Carriage House
- Partially Wooded Lot
- 1.49 Acre Lot
- Private Lot
- No HOA
About This Home
As of June 2023“Rare opportunity” to own a Commercial Property Zoned O-3 Professional Office use on a 1.5 acre corner lot with an 8 car parking lot that is right off one of the busiest intersections in Cherry Hill, Rt 38 & Church Rd, that is home to Cherry Hill Nissan , Cross Roads Plaza, Super Wawa, Cherry Hill Diner and the renowned Benash Liquor Store. With Cherry Hill Mall located less than a half mile from this property , you are literally right in the middle of one of the the most highly trafficked routes in South Jersey.
Principal uses for this zoning include Child Care Centers, Medical offices, Dental Offices, Physical Therapy, Insurance, Finance, Real Estate, Architects Office, Technology, Law Office, Social Services, Engineering, Private Non-Profit Educational Institution, Social Club, Fraternal Organization and Detached Single Family Dwelling. Yes the zoning does allow for a detached single Family dwelling.
In order to take advantage of this one and half acre lot with a foot print of 65,000 sq feet and 518 feet of road frontage, the seller has architectural plans and drawings that have been approved by the township to expand the building with a 3,000 Sq Feet addition and also expand parking by an additional 7 parking spaces for a total of 15 spaces.
The proposed plans have been approved and a detailed proposal to finish the project from the engineer is included . These approved plans do come with the property should you want to pursue expanding the building to 4,000 square feet and 15 parking spaces.
This property as it stands is user ready, start your operation today! When walking into the property you have 3 offices and a common area with 4 work stations, conference and reception area. You also have a bathroom and kitchenette for clients and employees.
There is a spiral staircase leading to a second floor bonus space that is not reflected in the square footage. This space can use some TLC but can easily be converted to additional offices , possibly a live-work situation or extra storage.
You also have a full unfinished basement that you can enter from inside or from the outside. The basement has ample space for plenty of storage.
There is also a large detached shed on the property that gives you additional space for storage or can be used as work room.
Permitted accessory uses by the zoning code does allow for a single family detached dwelling or you can convert to residential or follow through with the proposed plans to build the 3,000 sq foot addition and have a total of 4,000 sq ft of Professional Office commercial space with a parking lot that can fit 15 cars off one of the busiest roads in Cherry Hill. The possibilities are endless.
This is a great opportunity to stop paying high commercial rents and own your own property that gives you a multitude of options for the future. Being your own landlord in today’s astronomically high rental market is priceless.
Last Agent to Sell the Property
(215) 627-3500 vicki@kwempower.com KW Empower License #RS333628 Listed on: 04/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,133
Year Built
- Built in 1920
Lot Details
- 1.49 Acre Lot
- Private Lot
- Corner Lot
- Partially Wooded Lot
- Front and Side Yard
- Shed on Property
- Property is zoned O-3 PROFESSIONAL OFFICE, O-3 Professional Office as Principal Use that allows a Single Family detached dwelling
Property Views
- Woods
- Garden
Home Design
- Carriage House
- Bungalow
- Converted Dwelling
- Brick Foundation
- Frame Construction
Interior Spaces
- 1,050 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Private Parking
- Paved Parking
- Parking Lot
- Surface Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00003
- Assessor Parcel Number 09-00289 05-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2023
Closed on
Jun 19, 2023
Sold by
New Jersey Land Llc
Bought by
Zhou Ying and Gao Yi
Seller's Agent
Chris Lucien
KW Empower
Buyer's Agent
Qiao Shen
Keller Williams Main Line
List Price
$269,000
Sold Price
$269,000
Views
483
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,494
Avg. Annual Appreciation
4.89%
Purchase Details
Listed on
Nov 18, 2021
Closed on
Feb 3, 2022
Sold by
Brown Dog Holding Llc
Bought by
New Jersey Land Llc
Seller's Agent
Peter Abdallah
Vantage Residential, LLC
Buyer's Agent
LAUREN KINKY
Keller Williams Realty - Moorestown
List Price
$250,000
Sold Price
$238,889
Premium/Discount to List
-$11,111
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Purchase Details
Closed on
Aug 14, 2017
Sold by
Barclay Deptford Properties Llc
Bought by
Brown Dog Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 2013
Sold by
Sims Barry B
Bought by
Barclay Deptford Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 29, 1999
Sold by
Stefkovic Ernest J
Bought by
Sims Barry M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhou Ying | $269,000 | Realsafe Title | |
| New Jersey Land Llc | $238,888 | City Line Abstract | |
| New Jersey Land Llc | $238,888 | City Line Abstract | |
| Brown Dog Holdings Llc | $160,000 | Surety Title Co Llc | |
| Barclay Deptford Properties Llc | $150,000 | None Available | |
| Sims Barry M | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brown Dog Holdings Llc | $96,000 | |
| Previous Owner | Barclay Deptford Properties Llc | $145,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | $269,000 | 0.0% | $256 / Sq Ft | |
| 04/08/2023 04/08/23 | For Sale | $269,000 | +12.6% | $256 / Sq Ft | |
| 02/04/2022 02/04/22 | Sold | $238,889 | -4.4% | -- | View Prior Sale |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- | |
| 11/18/2021 11/18/21 | For Sale | $250,000 | -- | -- |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,208 | $174,600 | $108,300 | $66,300 |
| 2024 | $7,337 | $174,600 | $108,300 | $66,300 |
| 2023 | $7,337 | $174,600 | $108,300 | $66,300 |
| 2022 | $7,134 | $174,600 | $108,300 | $66,300 |
| 2021 | $7,157 | $174,600 | $108,300 | $66,300 |
| 2020 | $7,070 | $174,600 | $108,300 | $66,300 |
| 2019 | $7,066 | $174,600 | $108,300 | $66,300 |
| 2018 | $7,047 | $174,600 | $108,300 | $66,300 |
| 2017 | $6,951 | $174,600 | $108,300 | $66,300 |
| 2016 | $6,858 | $174,600 | $108,300 | $66,300 |
| 2015 | $6,750 | $174,600 | $108,300 | $66,300 |
| 2014 | $6,675 | $174,600 | $108,300 | $66,300 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Lucien
-
Qiao Shen
Buyer's Agent in 2023
Qiao Shen
Keller Williams Main Line
(267) 206-1939
6 in this area
76 Total Sales
-
Peter Abdallah
Seller's Agent in 2022
Peter Abdallah
Vantage Residential, LLC
(856) 220-5636
1 in this area
7 Total Sales
-
Jon Glover
J
Seller Co-Listing Agent in 2022
Jon Glover
RE/MAX
(732) 740-3683
1 in this area
7 Total Sales
-
LAUREN KINKY
Buyer's Agent in 2022
LAUREN KINKY
Keller Williams Realty - Moorestown
(516) 650-1603
2 in this area
8 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2045252
APN: 09-00289-05-00003
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