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Camden County · Cherry Hill

Sell Your Commercial Property In Cherry Hill, NJ

From Barclay to Haddonfield, we buy Cherry Hill multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Where We Look: Barclay · Kingston Estates · Haddonfield · Pennsauken — Camden County, NJ

Local Demand

Our View On Cherry Hill

Cherry Hill, NJ sits across the Delaware River from Philadelphia in Camden County, built around Cherry Hill Mall's 1,306,000 square feet of retail and the PATCO Speedline's Woodcrest station. Renters hold 23.5% of the township's 29,466 occupied households, and the median home dates to 1968. Owners deciding whether to sell commercial property in Cherry Hill, NJ are working in a market shaped by an aging multifamily stock, a $1,882 median rent, and Cherry Hill's own 5% local rent-leveling cap, all of which set the terms for any sale reached here in late 2026.

01

Cherry Hill Mall retail core

PREIT's Cherry Hill Mall totals 1,306,000 square feet with Nordstrom, Macy's, JCPenney and Crate and Barrel anchoring Route 70.
02

PATCO Speedline to Philadelphia

Cherry Hill's Woodcrest PATCO station links the township to Center City Philadelphia, part of 5.6 million 2024 Speedline riders.
03

Jefferson Cherry Hill Hospital

Jefferson Cherry Hill Hospital's 90-bed Patient Pavilion anchors a $250 million campus transformation at the 1960-era hospital.

Our Buy Box

What We Buy In Cherry Hill

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Cherry Hill Apartment Market

Figures gathered October 2026 from public market data.

76,725 Population ACS 2020-2024
$121,502 Median household income ACS 2020-2024
$1,882/mo Median gross rent ACS 2020-2024
23.5% Renter share of occupied households, ACS 2020-2024
21.3% 5+ unit housing share of housing stock, ACS 2020-2024
5.1% Rental vacancy rate ACS 2020-2024 housing profile

Who Rents in Cherry Hill, NJ

Renters occupy 23.5% of Cherry Hill's 29,466 occupied households, per the Census Bureau's 2020-2024 American Community Survey. Buildings with five or more units hold 21.3% of the township's 30,775 housing units. Cherry Hill's housing stock is old: the median home dates to 1968, and 72.8% of units were built before 1980, a profile that favors buyers of selling commercial property in Cherry Hill who plan to renovate and reposition.

Rents and Affordability

Cherry Hill's median gross rent is $1,882 a month under the 2020-2024 ACS, well above Camden County's $1,402 median. Owners who sell commercial real estate in Cherry Hill, NJ often benchmark asking rents against HUD's FY2027 fair market rents for the Philadelphia-Camden-Wilmington MSA, shown below by ZIP.

ZIPStudio1BR2BR3BR
08002$1,910$2,070$2,470$2,940
08003$1,930$2,090$2,500$2,980
08034$1,710$1,850$2,210$2,630

Property Taxes in Camden County

Camden County's 2026 equalization table sets Cherry Hill Township's ratio of assessed to true value at 54.32%, with a 4.348 general tax rate per $100 of assessed value. On a $2,000,000 building, that ratio puts assessed value near $1,086,400, and the tax rate produces an estimated annual bill of about $47,237, roughly 2.36% of market value. That math holds whether an owner holds one building or plans to sell multifamily property in Cherry Hill as part of a larger Camden County portfolio.

Landlord Rules

New Jersey caps a security deposit at 1.5 times one month's rent (NJSA 46:8-21.2) and requires its return, with interest, within 30 days of lease termination (NJSA 46:8-21.1). The Anti-Eviction Act (NJSA 2A:18-61.1) limits removal of residential tenants to listed good-cause grounds statewide. Cherry Hill's own rent leveling code, Chapter 14, caps CPI-based increases at 5% a year for any landlord holding seven or more concurrent leases. Anyone who plans to sell commercial property in Cherry Hill, NJ should budget for these obligations before closing.

What It Means for an Owner

Cherry Hill's combination of a 72.8% pre-1980 building stock, a $1,882 median rent, and a 5% local rent-increase cap shapes underwriting for anyone ready to sell your apartment building in Cherry Hill. The Woodcrest PATCO station and Cherry Hill Mall's 1,306,000 square feet of retail keep daily demand for space near Route 70. Owners who sell commercial property in Cherry Hill, NJ can model exit pricing with the cap rate calculator and review terms at Sell My Apartment Building.

Local Knowledge

Selling In Cherry Hill

More about selling in New Jersey →
Investing in Cherry Hill? See apartment syndications in Cherry Hill →
  • Cherry Hill Code Chapter 14 caps rent increases at 5% for landlords with seven or more leases.
  • Camden County's 54.32% 2026 equalization ratio applies to every apartment sale in Cherry Hill.
  • Owners who sell commercial real estate in Cherry Hill, NJ should confirm Camden County's current equalization ratio first.

Learn More

Taxes & Rules For Cherry Hill Property

The New Jersey rules that shape any deal in Cherry Hill: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Cherry Hill Seller FAQ

What's the best way to sell commercial property in Cherry Hill, NJ?

Start with a cap rate check against Cherry Hill's $1,882 median gross rent and Camden County's 54.32% equalization ratio, since both drive buyer underwriting. Pricing a 5+ unit building against those two numbers keeps an offer close to what a local buyer can actually finance.

Is now a good time to sell commercial real estate in Cherry Hill, NJ?

Cherry Hill's 5.1% rental vacancy rate and rents well above Camden County's $1,402 median point to steady renter demand near the PATCO line and Cherry Hill Mall. A low vacancy rate combined with an aging, renovation-ready building stock generally supports stronger buyer interest for owners weighing a sale now.

How much are property taxes on an apartment building in Cherry Hill?

Camden County's 2026 table puts Cherry Hill's assessed-to-true value ratio at 54.32%, with a 4.348 general tax rate per $100 of assessed value. On a $2,000,000 building, that works out to roughly $47,237 a year, about 2.36% of market value, before any appeal of the assessment.

Does Cherry Hill have rent control for apartment buildings?

Yes. Cherry Hill Township Code Chapter 14 caps CPI-based rent increases at 5% a year for landlords holding seven or more concurrent leases, on top of New Jersey's statewide Anti-Eviction Act good-cause protections. Newly built units and those vacant when the ordinance passed are exempt from the cap.

What drives apartment demand in Cherry Hill, NJ?

Cherry Hill Mall's 1,306,000 square feet of retail, the PATCO Speedline's Woodcrest station into Center City Philadelphia, and Jefferson Cherry Hill Hospital's 90-bed Patient Pavilion anchor steady local employment and transit access. Those three draws keep renter demand tied to Route 70 and the Camden County commuter corridor.

Will you buy a Cherry Hill property that needs work or has high vacancy?

Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.

How does a sale to you work in Camden County?

Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.

Is it possible to sell rental property in Cherry Hill without evicting tenants?

It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.

Do I need a broker to sell my apartment building in Cherry Hill?

No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.

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Tell Us About Your Property In Cherry Hill

A few details are enough to start. We respond to every Cherry Hill submission, including off-market and pocket listings.

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