Price Reduction - Short Sale
501 3RD ST Riverside Twp, NJ
$ 200,000
Property Attributes
  • MLS#7084756
  • TypeCommercial
  • CityRiverside Twp
  • AreaRiverside Twp
  • Zip08075
  • StyleCommercial,Leasehold,LightMfg
  • Taxes6091
  • Price$ 200,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Weichert Realtors-Burlington
Property Description

Great opportunity for investment income. Possible to make an office or to convert to additional apartments. Was an upholstery shop. There are 2 existing apartments on the upper level on each end of the building. Both apartments are currently leased out. First room on main level (upholstery shop) is 23 x 13 with Berber Carpeting tile ceiling. Room #2 23 x 10 with new linoleum (2016) and new ceiling. Room#3 27 x 11 new linoleum and new ceiling (2016). Building also has a walk-in concrete block basement. newer furnace (2007),newer hot water heater (2008). Full bathroom on main floor. Apartments are on each end of the building. Each apartment has 1 full bathroom, kitchen, living room, 2 BR. Newer furnace in both units. There is also an open lot to the right of the building (corner of Lippincott and 3rd St.). Sale and commission subject to bank approval

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/15/2017 Listed $229,000
6/7/2018 5% - $219,000
7/7/2018 9% - $200,000

General Features

Accessibility None
Business Type Commercial, Leasehold, LightMfg
Hot Water Natural Gas
Is Twin No
Listing Area Riverside Twp (20330)
Location MiddlOfBlock, Corner Lot/Unit
Number of Units Leased 2
Property Type Commercial
Sale Includes Bus&Lease, Land&Buildng
School District Riverside Twp
Tax Annual Amount 6091.0
Tenancy Month-to-Month Lease(s)
Tenant Pays PayElec, PayHeat, PayGas
Total Units 2
Zoning COM

Interior Features

Building Features CeilingFans, Fencing, Showers
Flooring Wood, HeavyDutyFlr
Utilities WaterAvail, SewerAvail, GasAvail, ElectrcAvail, PhoneUtil, CableTVAvail

Exterior Features

Exterior Stucco
Foundation Details BlockBrickFd
Lot Dimensions 32X160
Parking Features Street
Road Surface Type Boro/Township
Roof PitchedRoof, ShingleRoof
Sewer Public Sewer
Topography Level
Water Source Public
Waterfront No
Colistagentmlsid BLIPTOHO


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08075

AVG $810K
AVG $14,653
AVG 50
AVG 53

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