Seller's Agent in 2025
Tracy Nguyen
Keller Williams Realty - Cherry Hill
(856) 261-8971
1 in this area
37 Total Sales
117 S Pavilion Ave Riverside, NJ 08075
Riverside Township Neighborhood
--
Bed
--
Bath
2,500
Sq Ft
1,699
Sq Ft Lot
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
As of May 2025Excellent 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!
Last Agent to Sell the Property
(856) 261-8971 tracyn@kw.com Keller Williams Realty - Cherry Hill License #1968982 Listed on: 04/03/2025
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
- The owner pays for sewer, water
- Tax Lot 00031
- Assessor Parcel Number 30-00905-00031
Community Details
Overview
- 2 Units
Building Details
- 1 Vacant Unit
- Income includes shop rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 21, 2025
Sold by
Lu Wilson and Tang Hong Nhung
Bought by
Nieves Yunga Properties Llc
Seller's Agent
Tracy Nguyen
Keller Williams Realty - Cherry Hill
Buyer's Agent
Jean Andrade-Mendoza
Keller Williams Premier
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Views
27
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
-$6,527
Avg. Annual Appreciation
-3.43%
Original Mortgage
$330,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 13, 2024
Sold by
Wilson Lu and Wilson Nhung Tang
Bought by
Tang Hong Nhung and Tang Alexander
Purchase Details
Closed on
Jun 19, 1998
Sold by
Equity One Inc
Bought by
Lu Wilson and Tang Hong Nhung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,700
Interest Rate
6.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 1, 1998
Sold by
Jukel Paula
Bought by
Equity One Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $460,000 | Old Republic Title | |
| Deed | $460,000 | Old Republic Title | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $71,000 | -- | |
| Sheriffs Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $330,000 | Credit Line Revolving | |
| Previous Owner | $49,700 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $460,000 | 0.0% | $184 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $459,900 | -- | $184 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,442 | $132,600 | $30,000 | $102,600 |
| 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
Agents Affiliated with this Home
-
Tracy Nguyen
-
Jean Andrade-Mendoza
Buyer's Agent in 2025
Jean Andrade-Mendoza
Keller Williams Premier
(609) 808-1718
18 in this area
33 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2084312
APN: 30-00905-0000-00031
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