$149,900

501 Third St

RIVERSIDE NJ, 08075

Description

Great possibilities with the property . Previously the 1st floor was used as an upholstery store. A lot of open work space in 2 rear rooms and a large retail area across the front of the building. All utilities are separate. The 2nd floor consists of 2 spacious 2-bedroom apartments, consisting of a living room, kitchen, and bath. Good income from the apartments could possibly cover the mortgage. Parking at the curb right in front of the building--very easy access. A variance may be needed for the new occupant on the 1st floor. Apartments could use a little TLC. The rental potential is very good for the apartments. Some upgrading to the utilities has been done. First floor has many possibilities and potential is great. This could easily be redesigned to meet anyone's needs. No utilities are on at the present time and the property has been winterized. It is being sold in as is condition. Any questions, call and we will help you.

Details

MLS#NJBL246572
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1929
Days On Site443

Features

SQ Feet3,900
Story(s)0
Units3
ZoningRESIDENTIAL R3

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Area Information

StateNJ
CityRIVERSIDE
Zip Code08075
AreaRiverside Twp (20330)
Listing VS Median (in 08075)
Price:
$149,900
low | high
Med:
$207,900
11.307538358906% of Average
SqFt:
3,900
low | high
Med:
1,493
100% of Average
$ / SqFt:
$38
low | high
Med:
$148
100% of Average
On Site:
443
low | high
Med:
195.500000
100% of Average
Listing Updated: 04/03/2020
MLS Number: NJBL246572
Listing Provided By:
Shirley M Rossi  of  Shirley Rossi Realty