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.
Sold for $369,900
$369,900
201 Rancocas Ave, Riverside, NJ 08075
6beds
--baths
1,956sqft
Triplex
Built in 1940
-- sqft lot
$370,100 Zestimate®
$189/sqft
$2,146 Estimated rent
Home value
$370,100
$340,000 - $400,000
$2,146/mo
Zestimate® history
Owner options
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$2,146/mo
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$2,146/mo
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$2,614/mo
Est. payment
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$2,614/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Elena Gut 856-220-5714,
EXP Realty, LLC
Bought with:
Peter Tempesta, 1007118
Smires & Associates
Source: Bright MLS,MLS#: NJBL2107628
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Shelving,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 1,956
- Total interior livable area: 1,956 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 7,998 Square Feet
- Dimensions: 50.00 x 0.00
- Features: Corner Lot
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 300100500016
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Riverside
- Municipality: RIVERSIDE TWP
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $117,800
- Annual tax amount: $5,005
- Date on market: 4/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Exclusions: Washer / Dryer Apt. B, Washer / Dryer / Refrigerator Apt. C. Personal Property Of The Tenants.
- Ownership: Fee Simple
- Total actual rent: 3900
- Income includes: Apartment Rentals
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Sold | $369,900$189/sqft |
Source:  Bright MLS #NJBL2107628 Report a problem | ||
| 6/1/2026 | Pending sale | $369,900$189/sqft |
Source: Bright MLS #NJBL2107628 Report a problem | ||
| 4/24/2026 | Contingent | $369,900$189/sqft |
Source: Bright MLS #NJBL2107628 Report a problem | ||
| 4/11/2026 | Listed for sale | $369,900+23.3%$189/sqft |
Source: Bright MLS #NJBL2107646 Report a problem | ||
| 5/10/2024 | Listing removed | -- |
Source: Bright MLS #NJBL2062684 Report a problem | ||
| 3/30/2024 | Price change | $300,000+9.1%$153/sqft |
Source: Bright MLS #NJBL2062684 Report a problem | ||
| 3/29/2024 | Listed for sale | $275,000+103.7%$141/sqft |
Source: Bright MLS #NJBL2062684 Report a problem | ||
| 8/30/2019 | Sold | $135,000-15.1%$69/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach #NJBL245040_08075 Report a problem | ||
| 7/1/2019 | Pending sale | $159,000$81/sqft |
Source: BHHS Fox & Roach Mt. Laurel Home Marketing Center #NJBL245040 Report a problem | ||
| 5/11/2019 | Listed for sale | $159,000$81/sqft |
Source: BHHS Fox & Roach Mt. Laurel Home Marketing Center #NJBL245040 Report a problem | ||
| 3/6/2019 | Pending sale | $159,000$81/sqft |
Source: BHHS Fox & Roach Mt. Laurel Home Marketing Center #NJBL245040 Report a problem | ||
| 3/6/2019 | Listed for sale | $159,000$81/sqft |
Source: BHHS Fox & Roach Mt. Laurel Home Marketing Center #NJBL245040 Report a problem | ||
| 3/5/2019 | Pending sale | $159,000$81/sqft |
Source: BHHS Fox & Roach Mt. Laurel Home Marketing Center #NJBL245040 Report a problem | ||
| 1/14/2019 | Listed for sale | $159,000$81/sqft |
Source: BHHS Fox & Roach-Mt Laurel #NJBL245040 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08075
Nearby homes
- $367,4003 bd2 ba1.6k sqft203 Rancocas Ave, Riverside, NJ 08075Off Market
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- $331,100-- bd-- ba2.2k sqft202 Lippincott Ave, Riverside, NJ 08075Off Market
Nearby schools
GreatSchools rating
- 5/10Riverside Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Riverside Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Riverside High SchoolGrades: 9-12Distance: 0.6 mi
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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Estimated market value
$370,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$370,100
- New Jersey
- Burlington County
- Riverside Township
- 08075
- 201 Rancocas Ave
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