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117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
117 S Pavilion Ave
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$460,000

117 S Pavilion Ave

3 Beds 2,500 Sq.Ft.

Description

Excellent investment opportunity! This mixed-use property is perfectly located in the heart of a vibrant neighborhood, featuring a well-established commercial tenant on the first floor renting for $1,700/mo. The storefront offers an open, inviting layout with large windows, ample natural light, and a welcoming reception area ideal for attracting foot traffic. Additional rooms at the rear provide functional space suitable for various business uses.

Above the commercial space, discover a spacious, beautifully-maintained two-level residential unit with a separate entrance ensuring privacy. The apartment includes 3 bedrooms, 1 bathroom, a bright and airy living room, and a well-appointed eat-in kitchen with plenty of cabinetry and dining space. Comfortable bedrooms offer generous closet storage, and the modern bathroom features updated fixtures. The roof was replaced a couple years ago. Shared off-street parking is conveniently located at the rear of the property. Additionally, there is convenient on-street parking available directly in front of the building, providing ample parking options for both residents and business patrons. Positioned near shopping, dining, and local services, and just two blocks from the Riverside Light Rail Station and Bus Stop, this property presents a fantastic opportunity for both investors and owner-occupants who can have the commercial rent offset most of the mortgage. Schedule your showing today and capitalize on this high-value investment property!

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Location

117 S Pavilion Ave, Riverside, NJ 08075

Status

Sold

Property Amenities

Interior
Flooring Carpet, Ceramic Tile, Hardwood, Laminate
Total Bedrooms: 3
Area & Lot
Lot Area 1,699 Sq.Ft.
Living area 2,500 Sq.Ft.
MLS® ID NJBL2084312
Year Built 1935
School District RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
Architecture Styles Unit/Flat, Straight Thru, Traditional
Type Multi-Family
Status Sold
Exterior
Air conditioning Central Air
Heat type Forced Air, Natural Gas
Water Source Public
Sewer Public Sewer
Parking On Street
Roof Asphalt
Finance
Sales Price $460,000
Real Estate Tax $5,441 yearly

Work With Us

As father & son duo, we’ve been living in and working in the Mercer area for a combined 45 years – and we’re passionate about it. Let’s chat about how our expertise can help you.