NOT LISTED FOR SALE

414 Main St Riverton, NJ 08077

5 Beds
2 Baths
1,820 Sq Ft
3,485 Sq Ft Lot

Last Sold July 16, 2020

Last sale price $77,000 $42 Per Sq Ft

11 Days on Market

Highlights

  • Rambler Architecture
  • 4-minute walk to Riverton
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of July 2020

Prime Location and RARE property for under 100K! Property is currently Zoned COMMERCIAL!! But owner is marketing as Residential...READ ON This is a unique investment opportunity located in the desirable downtown of Riverton and is within walking distance to the light rail. All plumbing, HVAC (central air), electrical are in great shape. Owner is CURRENTLY UPGRADING the property by completing some of the demolition work including mold and termite removal. Owner is also fixing/replacing the roof. Further renovations can be discussed if the buyer is interested; selling price is subject to change as scope of work changes. Huge possibilities as this can be used as 1 huge office space or broken up into multiple office spaces for cash flow. CONVERTING to zoning to residential for a single-family rancher could have huge upside as similar comps are in the 250K-300K range!!! Seller has never occupied the home. Buyer must conduct their own due diligence, verification, research and inspections and are relying solely on the results thereof.

Last Agent to Sell the Property

Michael Coffee

(856) 804-1805 mcoffee@hofrealtynj.com HOF Realty License #1649777 Listed on: 06/12/2020

Last Buyer's Agent

Jeff George

(856) 428-8000 Jeff.George@foxroach.com BHHS Fox & Roach-Cherry Hill License #197440Nine

BHHS Fox & Roach-Cherry Hill

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1873

Lot Details

  • 3,599 Sq Ft Lot
  • Lot Dimensions are 29.50 x 122.00
  • Property is in below average condition
  • Property is zoned 4A - COMMERCIAL

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Riverton Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 31-00801-00023

Home Details

Home Type

Single Family

Year Built

Built in 1873

Lot Details

3,599 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1873
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1820
  • Price Per Sq Ft: 54.67
  • Above Grade Finished Sq Ft: 1820
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RIVERTON SCHOOL
  • Middle Or Junior School: RIVERTON SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 44700.00
  • Land Assessed Value: 105200.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 29.50 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3599.00
  • Property Condition: Below Average
  • Zoning: 4A - COMMERCIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1733924
  • Tax Annual Amount: 5381.00
  • Assessor Parcel Number: 31-00801-00023
  • Tax Lot: 00023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: RIVERTON BOROUGH PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $77,000 -22.6% $42 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $99,500 -- $55 / Sq Ft
Source: Bright MLS

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Map

Source: Bright MLS

MLS Number: NJBL374392

Bright MLS
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