Sold
Last Sold Price
1,956 sqft$189/sqft
201 Rancocas Ave, Riverside, NJ 08075
Multi FamilyProperty Type
7,998 sq ftLot Size
1940Year Built
$189/sq ftPrice per sq ft
2 carsParking Spaces

Description

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...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.
  • Listed by: Elena Gut 856.220.5714 elena@patmckennarealtors.com • EXP Realty, LLC
Listing closed: 06/11/2026 12:00 AM • Source: BRIGHT, MLS#: NJBL2107628

Location

Listing Courtesy of EXP Realty, LLC

Sold By Smires & Associates

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$2,297 per month

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Principal and Interest

$1,880

Property Taxes

$417

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Property Information for 201 Rancocas Avenue

Property Details
  • Taxes: $5,005 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 30-01005-00016
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Colonial
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 04-11-2026
  • Municipality: RIVERSIDE TWP
  • Total Parking Spaces: 2
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 1,956.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
Building Information
  • Residences: 3
  • Year Built: 1940
  • Lot Size: 0.18 AC / 7,998 SF
Location
Location
  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396961
  • SchoolDistrictSource: Listing Agent
  • County: BURLINGTON
  • MLS Area: Riverside Twp (20330)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $117,800
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $69,500
  • City Town Tax: $0
  • Land Assessed Value: $48,300
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R4
  • Tax Lot: 00016
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 100.00%
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
Financial Information
Expenses
  • Operating Expense: $10,000
  • Operating Expense Includes: Insurance
Financial Information
  • Gross Income: $46,800
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $36,800
  • Annual Rental Income: $3,900
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.50
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 1,956.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 50.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Parcel ID: 1731218
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 2
  • Parking Features: Asphalt Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 201 Rancocas Avenue

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Closed (Public Record)

Public Record #145756680

$369,900

+16.0% / yr

Jun 11, 2026

Closed

BRIGHT #NJBL2107628

$369,900
Jun 1, 2026

Pending

BRIGHT #NJBL2107628

DateEvent & SourcePrice
06/11/2026

Closed (Public Record)

Public Record #145756680

$369,900

+16.0% / yr

06/11/2026

Closed

BRIGHT #NJBL2107628

$369,900
06/01/2026

Pending

BRIGHT #NJBL2107628

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Rancocas Avenue

Taxable ValueLand$48,300Additions$69,500Total$117,800
Tax Record2025$5,005 ($417 / month)
Home Facts
Total Finished SqFt1,956 SqFtAbove Grade Finished SqFt1,956 SqFtLot Size7,998 SqFtStyleStoresYear Built1940Year Renovated1940ZoningR4CountyBURLINGTONAPN30-01005-0000-00016

Schools near 201 Rancocas Avenue

This home is within Riverside Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

Riverside Middle School
Public6 to 8

Riverside High School
Public9 to 12

St. Casimir Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 201 Rancocas Avenue, Riverside, NJ 08075
$369,900
1,956
7,998
7,680
1,653
8,002
$262,000
3
912
8,002
$187,000
1,029
7,875
$139,900
4
8,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.