Riverside, NJ 08075 117 S Pavilion Avenue

Pending
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Presented By: Keller Williams Realty
  • MLS# NJBL2084312
  • 04/03/2025
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  • Beds • 3

Home Details

Excellent investment opportunity! This mixed-use property is perfectly located in the heart of a vibrant neighborhood, featuring a well-established commercial tenant on the first floor renting for $1,700/mo. The storefront offers an open, inviting layout with large windows, ample natural light, and a welcoming reception area ideal for attracting foot traffic. Additional rooms at the rear provide functional space suitable for various business uses. Above the commercial space, discover a spacious, beautifully-maintained two-level residential unit with a separate entrance ensuring privacy. The apartment includes 3 bedrooms, 1 bathroom, a bright and airy living room, and a well-appointed eat-in kitchen with plenty of cabinetry and dining space. Comfortable bedrooms offer generous closet storage, and the modern bathroom features updated fixtures. The roof was replaced a couple years ago. Shared off-street parking is conveniently located at the rear of the property. Additionally, there is convenient on-street parking available directly in front of the building, providing ample parking options for both residents and business patrons. Positioned near shopping, dining, and local services, and just two blocks from the Riverside Light Rail Station and Bus Stop, this property presents a fantastic opportunity for both investors and owner-occupants who can have the commercial rent offset most of the mortgage. Schedule your showing today and capitalize on this high-value investment property!
Presented By: Keller Williams Realty

Interior Features for 117 S Pavilion Avenue

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementInterior Access, Unfinished
Basement (Y/N)Yes
Central Air Y/NYes
FlooringCarpet, Ceramic Tile, Hardwood, Laminate Plank
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 117 S Pavilion Avenue

Acceptable FinancingCash, Conventional, VA, FHA 203(b)
AccessibilityNone
Architectural StyleUnit/Flat, Straight Thru, Traditional
CityRIVERSIDE
Construction MaterialsStucco, Mixed
Cool FuelElectric
CoolingCentral A/C
CountyBURLINGTON
DirectionsGPS
ExclusionsAll Trade Fixtures and Appliances in the Commercial Storefront
Garage Y/NNo
HeatingForced Air
Lease TypeGross
Location TypeDowntown
Lot Size Square Feet1699.00
Lot Size UnitsSquare Feet
MLS AreaRiverside Twp (20330)
ModificationTimestamp2025-04-26T00:58:12
MunicipalityRIVERSIDE TWP
New ConstructionNo
Number Of Units Total2
Number of Units Leased1
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnerPaysSewer, Water
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG183.96
Property ConditionGood, Very Good
Property SubtypeDuplex
Property TypeMulti-Family
RoofAsphalt
School DistrictRIVERSIDE TOWNSHIP PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count1
Standard StatusPending
StatusPENDING
Structure TypeOver Storefront
Tax Annual Amount5441.0
Tax Assessed Value132600.0
Tax Lot00031
Tax Year2024
Total Actual Rent20400.00
Total SQFT3150
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1935
Year Built SourceEstimated
ZoningCD

Exterior for 117 S Pavilion Avenue

InclusionsRefrigerator, Range, Hood In Upper Unit Apartment
Land Assessed Value30300.00
Land Use Code
Lot Dimensions20.00 x 85.00
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $459,900
MLS#NJBL2084312
List Date 04/03/2025
Property Type Pending
Phone 703.929.4729
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