Opportunity is knocking at 117 S Pavilion Ave! This versatile mixed-use property offers the perfect combination of immediate income and owner-occupancy potential in the heart of Riverside. The commercial storefront is currently tenant-occupied, providing immediate rental income, while the vacant second-floor residential apartment offers the ideal opportunity for an owner-occupant or investor. This spacious 3-bedroom, 1-bath unit is move-in ready and offers projected rental income of approximately $2,600 per month. Features include gleaming hardwood floors, fresh interior paint, generous closet space, an updated bathroom, an eat-in kitchen with oak cabinetry and stainless steel appliances, a private entrance, and dedicated parking. Located just two blocks from the Riverside River LINE Station and nearby bus service, this property provides excellent accessibility for commuters traveling to Philadelphia and beyond. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or own a property that combines residential living with commercial income, this turnkey opportunity checks all the boxes. Schedule your private showing today! Se Habla Español.
Riverside is located in New Jersey. Riverside, New Jersey has a population of 7,986. Riverside is less family-centric than the surrounding county with 25.18% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Riverside, New Jersey is $59,817. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Riverside is 36.8 years.
The average high temperature in July is 87.3 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 47.1 inches per year, with 10.5 inches of snow per year.