NOT LISTED FOR SALE

500 Main St Riverton, NJ 08077

-- Bed
-- Bath
-- Sq Ft
7,318 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $375,000

133 Days on Market

Highlights

  • 2 Car Detached Garage
  • Radiator
  • 4-minute walk to Riverton

About This Home

As of October 2023

Class A ROOMING HOUSE. Consists of a 1st floor 2 bedroom apartment that rents for $800 per month. This tenant pays their own gas heat and gas hot water and electric. Room #1 rents for $475 per month. Room #2 rents for $475 per month. Room #3 rents for $450. per month. Room #4 rents for $575 per month. Room #5 is vacant but could rent for $650 per month. Room #6 rents for $500. Room #7 rents for $500 per month. Room #8 is rented for $300 per month. The 2 car garage is vacant but could rent for $350 per month. The current operating expenses are taxes $9,992. Water $1,100. Sewer $1,200. Licenses $1,236. Gas and electric $3,600.

Last Agent to Sell the Property

Ed Mcnally

EXP Realty, LLC License #8436068 Listed on: 05/08/2023

EXP Realty, LLC

Last Buyer's Agent

Tara Agnese

Keller Williams Realty Monmouth/Ocean

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,979

Lot Details

  • 7,318 Sq Ft Lot
  • Lot Dimensions are 60.00 x 122.00
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Rear-Facing Garage
  • On-Street Parking
  • Parking Lot

Basement

  • Partial Basement

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 31-00801-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 9999
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partial
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Parking Lot, On Street, Detached Garage
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Schools

  • School District: RIVERTON BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396960
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 60.00 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7318.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: COMMERCIAL
  • Zoning Description: Class A Rooming House

Rental Info

  • Existing Lease Type: None
  • Number Of Units Month To Month: 6
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 3
  • Single Room Units Count: 8

Tax Info

  • Tax Annual Amount: 9979.00
  • Assessor Parcel Number: 31-00801-00024
  • Tax Lot: 00024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/13/2023

MLS Schools

  • School District Name: RIVERTON BOROUGH PUBLIC SCHOOLS

Range of Values:

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Average Value
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Sold Price
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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 Change Sq Ft Price
10/13/2023 10/13/23 Sold $375,000 0.0% --
09/18/2023 09/18/23 Pending -- -- --
09/04/2023 09/04/23 Off Market $375,000 -- --
07/17/2023 07/17/23 For Sale $395,000 +5.3% --
06/14/2023 06/14/23 Off Market $375,000 -- --
05/24/2023 05/24/23 Price Changed $395,000 -12.2% --
05/08/2023 05/08/23 For Sale $450,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2045890

Bright MLS