$369,900
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201 Rancocas Avenue Riverside, NJ 08075 Municipality: Riverside Twp
Triplex
Residence
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Baths
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Bed/Bath
Sq. Ft.
Property Activity
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MIXED-USE INVESTMENT OPPORTUNITY - 2 APARTMENYS + RETAIL SPACE. Prime mixed-use investment opportunity on a high-exposure corner lot, ideal for expanding your rental portfolio or launching a small business in a well-trafficked location. This income-producing property features three distinct units: a... popular Brazilian restaurant and a 1-bedroom apartment on the main level, plus a 2-bedroom unit upstairs—delivering multiple streams of revenue. All units are occupied by long-term tenants who would prefer to stay (currently leased at $1,300/month each), offering immediate, consistent cash flow. The commercial space offers excellent flexibility, well-suited for food service, retail, office use, or other neighborhood-oriented businesses. A full-size dry unfinished basement provides substantial storage, while the oversized backyard—complete with a storage shed and a planned barbecue area—adds further value and enhances the commercial potential. Recent improvements include a newer heating system with two boilers, contributing to operational efficiency and long-term reliability. Strategically located with strong visibility and easy access to surrounding residential neighborhoods, this property presents a rare combination of stability, versatility, and future upside.
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MLS#
NJBL2107628
Property Type
Triplex
Year Built
1940
Price per Sq. Ft.
$189.11
Lot Size
0.18
Sewer
Public Sewer
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