526 S Fairview St

Riverside, NJ 08075

$325,000
Last Sold Price
5
Beds
3
Baths
2,366 Sq. Ft.
$137 / Sq. Ft.
2,366
Sq. Ft.
$137
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 7/14/21
Closed 7/14/21

Description

10+% cap rate! Rare & lucrative opportunity! Turn key 3 unit fully rented Triplex with large driveway & oversized 1 car garage! Current property combined rent is $3150 per month! $1525 + $900 + $725 = $3150.00. Almost unlimited possibilities for future occupancy options. Continue to rent all 3 units, live in one unit & rent the remaining 2, multi generational family living under one roof. The choice is yours how to utilize this versatile, flexible, profitable property! Unit C 1st floor $1525 per...10+% cap rate! Rare & lucrative opportunity! Turn key 3 unit fully rented Triplex with large driveway & oversized 1 car garage! Current property combined rent is $3150 per month! $1525 + $900 + $725 = $3150.00. Almost unlimited possibilities for future occupancy options. Continue to rent all 3 units, live in one unit & rent the remaining 2, multi generational family living under one roof. The choice is yours how to utilize this versatile, flexible, profitable property! Unit C 1st floor $1525 per month 3 bed/1 bath with large living room, generous kitchen, dining room area, rear deck & use of spacious backyard & basement! Unit A 2nd & 3rd floor $900 per month. 1 bed/1 bath with modern kitchen with granite countertops & tile backsplash, stainless steel appliances, cozy living room & very large finished attic that could easily be used as a home office, abundant storage space, private front porch! Unit B $725 per month 1st floor efficiency 1 bed/1 bath with living main living area, kitchen & front porch! Multiple Roofs Replaced in 2018! Oversized driveway with parking for 5 cars! Oversized 1 car garage can be rented separately for additional $150.00 income or tenants monthly rent can be increased for garage storage to increase already lucrative monthly income! This turnkey 3 unit fully rented Triplex with 5+ car driveway & oversized 1 car garage is a rare & lucrative opportunity with profitability and occupancy options deserves a reservation at the top of your must see list!
  1. Listed by Catherine A Boytos • RE/MAX Properties - Newtown
    P: (215)-892-4335 kboytos@gmail.com

Property Details for 526 South Fairview Street

Tax ID Number
30-02203-00014
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Victorian
Waterfront
No
Garage
Yes
Expected On Market Date
03-15-2021
LISTING CLOSED: 07/14/2021 12:00 AM

Property Details for 526 South Fairview Street

StatusClosed
MLS #NJBL392920
Days on Market11
Taxes$7,776 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1890
Lot Size0.28 AC / 12,000 SF
CountyBurlington County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of RE/MAX Properties - Newtown

Sold By Neighborhood Assistance Corp. of America (NACA)

Add your commute

Building Information for 526 South Fairview Street

Stories-Residences3Year Built1890Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,268 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,620

Property Taxes

$648

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 526 South Fairview Street

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: 2020
  • Tax Assessed Value: $204,300
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $144,700
  • City Town Tax: $0
  • Land Assessed Value: $59,600
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RES
  • Tax Lot: 00014
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Lawn/Shrub Care, Sewer, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Net
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 1 Bed, 1 bath with living room, kitchen, full bath and finished attic/loft.
  • Total Rooms: 4
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Net
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Efficiency with kitchen and full bath.
  • Total Rooms: 2
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Net
  • Beds Total: 3
  • Full Baths Count: 1
  • Unit Type Features: 3 bed, 1 bath with living room, kitchen, dining room.
  • Total Rooms: 6
Financial Information
Financial Information
  • Annual Rental Income: $37,800
  • Income Includes: Apartment Rentals
  • Cap Rate: 10.00
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,366.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 96.00 x 125.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1732229
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway
  • Num of Detached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Garage Features: Garage - Front Entry
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water, Radiator, Baseboard - Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS
  • List Agent URL: www.PhillyburbsHomes.com

Property History for 526 South Fairview Street

DateEvent & SourcePriceAppreciation
Jul 14, 2021

Closed (Public Record)

Public Record #1471747809

$325,000

+9.7% / yr

Jul 14, 2021

Closed

BRIGHT #NJBL392920

$325,000—
Mar 26, 2021

Pending

BRIGHT #NJBL392920

—
DateEvent & SourcePrice
07/14/2021

Closed (Public Record)

Public Record #1471747809

$325,000

+9.7% / yr

07/14/2021

Closed

BRIGHT #NJBL392920

$325,000
03/26/2021

Pending

BRIGHT #NJBL392920

—

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

Public Records for 526 South Fairview Street

Taxable ValueLand$59,500Additions$144,800Total$204,300
Tax Record2024$8,384 ($699 / month)
Home Facts
Beds0Total Finished SqFt2,366 SqFtAbove Grade Finished SqFt2,366 SqFtLot Size12,001 SqFtStyleSingle Family ResidenceYear Built1890ZoningR2CountyBURLINGTONAPN30 02203-0000-00014

Schools near 526 South Fairview Street

This home is within Riverside Township School District.
Rating
School
Type
Grades
Distance
Riverside Elementary School
Public - PK to 5
Riverside Middle School
Public - 6 to 8
Riverside High School
Public - 9 to 12
St. Peter Elementary School
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. Peter 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.

Neighborhood Map and Transit

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
534 South Fairview Street, Riverside, NJ 08075
$167,000
–
–
1,868
0.14
508 Arndt Avenue, Riverside, NJ 08075
$25,000
–
–
–
0.19
516 South Fairview Street, Riverside, NJ 08075
$295,000
4
3,023
0.24
510 Arndt Avenue, Riverside, NJ 08075
$330,000
4
2,049
0.19
521 South Fairview Street, Riverside, NJ 08075
$187,000
3
–
0.17

Explore Nearby Homes

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 RE/MAX Properties - Newtown

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.