117 S Pavilion Ave Riverside, NJ 08075
Riverside Township NeighborhoodEstimated payment $3,003/month
Total Views
5,624
--
Bed
--
Bath
2,500
Sq Ft
$184
Price per Sq Ft
Highlights
- Straight Thru Architecture
- Downtown Location
- Property is in very good condition
- Wood Flooring
- Forced Air Heating and Cooling System
- 3-minute walk to Spring Garden Park
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,441
Year Built
- Built in 1935
Lot Details
- 1,699 Sq Ft Lot
- Lot Dimensions are 20.00 x 85.00
- Downtown Location
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Straight Thru Architecture
- Traditional Architecture
- Asphalt Roof
- Stucco
Interior Spaces
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00031
- Assessor Parcel Number 30-00905-00031
Community Details
Overview
- 2 Units
Building Details
- 1 Vacant Unit
- Income includes shop rentals
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,303 | $132,600 | $30,300 | $102,300 |
| 2023 | $5,303 | $132,600 | $30,300 | $102,300 |
| 2022 | $5,193 | $132,600 | $30,300 | $102,300 |
| 2021 | $4,887 | $132,600 | $30,300 | $102,300 |
| 2020 | $5,047 | $132,600 | $30,300 | $102,300 |
| 2019 | $4,970 | $132,600 | $30,300 | $102,300 |
| 2018 | $5,401 | $145,000 | $48,600 | $96,400 |
| 2017 | $5,006 | $145,000 | $48,600 | $96,400 |
| 2016 | $5,061 | $145,000 | $48,600 | $96,400 |
| 2015 | $4,963 | $145,000 | $48,600 | $96,400 |
| 2014 | $4,743 | $145,000 | $48,600 | $96,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $459,900 | -- | $184 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $71,000 | -- | |
| Sheriffs Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,700 | Commercial |
Source: Public Records
Similar Home in the area
Source: Bright MLS
MLS Number: NJBL2084312
APN: 30-00905-0000-00031
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