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Sold for $460,000 on 05/16/25
  • $460,000

    117 S Pavilion Ave, Riverside, NJ 08075

    3beds
    2baths
    2,500sqft
    Retail
    Built in 1935
    -- sqft lot
    $479,500 Zestimate®
    $184/sqft
    $1,975 Estimated rent

    Home value

    $479,500

    $436,000 - $527,000

    $1,975/mo

    Zestimate® history
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    $1,975/mo

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    $1,975/mo

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    $3,123/mo

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    $3,123/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: June 03, 2025 at 12:11pm

    Listed by:

    Tracy Nguyen 856-261-8971,

    Keller Williams Realty - Cherry Hill

    Bought with:

    Jean Andrade-Mendoza, 1974039

    Keller Williams Premier

    Source: Bright MLS,MLS#: NJBL2084312MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Basement
    • Area: 650
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
    • Basement: Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,150
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Parking features: On Street, Other
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,699 sqft
    • Dimensions: 20.00 x 85.00
    • Features: Downtown
    Details
    • Additional structures: Above Grade
    • Parcel number: 300090500031
    • Zoning: CD
    • Zoning description: C-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru,Traditional
    • Property subtype: Retail
    Materials
    • Stucco, Mixed
    • Roof: Asphalt
    Condition
    • Good,Very Good
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Riverside
    • Municipality: RIVERSIDE TWP

    HOA & financial

    Other financial information
    • Total actual rent: 20400

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Income includes: Shop Rentals
    • Listing terms: Cash,Conventional,VA Loan,FHA 203(b)
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/16/2025Sold$460,000+0%$184/sqft
    Source: Bright MLS #NJBL2084312
    4/26/2025Pending sale$459,900$184/sqft
    Source: Bright MLS #NJBL2084312
    4/3/2025Listed for sale$459,900$184/sqft
    Source: Bright MLS #NJBL2084312

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08075

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Riverside Township Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $479,500
    2% more+ $9,590
    With Zillow Showcase(estimated)
    $489,090