501 3RD STREET Riverside, NJ 08075

$200,000
501 3RD STREET, Riverside, NJ 08075
1004150307

Commercial Property for sale in Riverside, NJ

for $200,000. The lot size is 32X160.

Property Information

  • $200,000
  • Commercial
  • Taxes are $6,091
  • Other / Unknown
  • Active
  • Lot size of 32X160
  • Riverside, NJ
  • Lansdale Neighborhood
  • Burlington County
  • MLS/Web ID is 1004150307

Description

Great opportunity for investment income. Possible to make an office or to convert to additional apartments. Was an upholstery shop. There are 2 existing apartments on the upper level on each end of the building. Both apartments are currently leased out. First room on main level (upholstery shop) is 23 x 13 with Berber Carpeting tile ceiling. Room #2 23 x 10 with new linoleum (2016) and new ceiling. Room#3 27 x 11 new linoleum and new ceiling (2016). Building also has a walk-in concrete block basement. newer furnace (2007), newer hot water heater (2008). Full bathroom on main floor. Apartments are on each end of the building. Each apartment has 1 full bathroom, kitchen, living room, 2 BR. Newer furnace in both units. There is also an open lot to the right of the building (corner of Lippincott and 3rd St.). Sale and commission subject to bank approval

Room Information

  • Master Bedroom

Interior 5

Flooring

  • Wood Floors

Heating Source

  • Natural Gas

Heating System

  • Hot Water Heater: Gas

Sewer

  • Public Sewer
  • Sewer

Water Source

  • Public Water

Exterior 6

Exterior

  • Other

Foundation

  • Brick

Lot Description

  • Level/Flat

Parking

  • Off Street Parking

Road Frontage

  • Boro/Township

Roof

  • Pitched/Sloped
  • Shingle Roof

Miscellaneous 4

Commercial

  • Ceiling Fans
  • Fenced
  • Showers

Location

  • Middle of Block

Maintenance Fee Includes

  • Gas
  • Water

Utilities

  • Cable TV Available
  • Electric
  • Gas
  • Phone
  • Water

Rental 3

Lease Terms

  • Month to Month

Rent Includes

  • Pest Control

Tenant Pays

  • Electric

† Excluded Feature

Neighborhood & Schools

School District: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

 See complete school information

Listed By

Listing Agent: Susan Digiovanne
Broker: Weichert Realtors
Office: Burlington

501 3RD STREET, Riverside, NJ, 08075 is a Commercial Property for sale at $200,000 with a lot size of 32X160. The property's zip code is 08075 which is in Riverside, NJ

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Pricing History

Date Price Price Change Description
7/7/2018 $200,000 -8.68 % Price Change
6/7/2018 $219,000 -4.37 % Price Change
11/16/2017 $229,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Riverside $189,201 5 % below $177,450 11 % below
Commerical listings in Riverside $189,767 5 % below $175,000 13 % below
Sold listings in Riverside $128,755 36 % below $132,500 34 % below

Get the facts about Riverside, NJ!

Population 8,068
Population Growth (since 2000) 2 %
Median Income $57,657
Median Age 37.83
Households w/ Children 32 %

Residential Dwellings

  • Owned 1939
  • Vacant 175
  • Rented 1017

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