Bought with Kesha Nic DeShields • Lamon Associates-Cinnaminson
$549,000
$549,000
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2,100 SqFt
SOLD DATE : 12/17/2025
Key Details
Sold Price $549,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $261
MLS Listing ID NJBL2094398
Sold Date 12/17/25
Style Other
Abv Grd Liv Area 2,100
Year Built 1910
Available Date 2025-08-23
Annual Tax Amount $9,480
Tax Year 2024
Lot Size 9,200 Sqft
Acres 0.21
Lot Dimensions 100.00 x 92.00
Property Sub-Type Detached
Source BRIGHT
Property Description
This historic Riverton triplex, located within direct view of Riverton Park, offers an estimated rental income of up to $4,500+ per month plus a POSSIBLE SUBDIVIDABLE, BUILDABLE LOT INCLUDED IN THE SALE. The property features three separate units. The first floor features two 1-bedroom units—Unit 1 is fully renovated, vacant, has its own laundry, and offers access to the inviting front porch, while Unit 2 features a charming sunroom/3-season room, efficient kitchen, and cozy living space, currently tenant-occupied. Upstairs, the tenant-occupied second-floor apartment includes a deck just off the kitchen and one existing bedroom and living room, with the potential to convert to two or even three bedrooms for added rental income on the 2nd floor of the unit. There is outside and unit #2 basement access that with some creativity could serve as an additional laundry/storage area for the other two units. To the best of the owner's knowledge and Riverton Borough specifications, the generous lot meets size and setback requirements for subdivision and zoned buildable pending necessary township approvals, offering an excellent opportunity for future development or expansion. This property is ideal for investors seeking strong rental returns or buyers looking for a multi-family home with added building potential in a desirable location. Riverton school district, eye sight to fantastic Riverton Park and all that the historic charm of Riverton has to offer! Property to be conveyed in "as-is" condition. Seller to do no repairs. Seller will obtain CO.
Location
State NJ
County Burlington
Area Riverton Boro (20331)
Zoning RES
Rooms
Basement Outside Entrance, Interior Access, Side Entrance, Unfinished, Walkout Stairs
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Electric Available, Natural Gas Available
Water Access N
View Park/Greenbelt
Accessibility Doors - Swing In
Total Parking Spaces 2
Garage N
Building
Lot Description Corner, Subdivision Possible
Foundation Stone
Above Ground Finished SqFt 2100
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Riverton School
High Schools Palmyra H.S.
School District Riverton Borough Public Schools
Others
Tax ID 31-01400-00022
Ownership Fee Simple
SqFt Source 2100
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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