Rare opportunity for an owner-occupant to offset (or potentially cover) their mortgage with built-in rental income. This versatile mixed-use property features three income-producing units, making it an ideal setup for a someone looking to live in one unit while collecting rent from the others. The property includes a Brazilian restaurant and a 1-bedroom apartment on the main level, plus a 2-bedroom unit upstairs—offering flexibility depending on your living and investment goals. With all units currently occupied by long-term tenants who would like to stay, you can step into immediate cash flow while planning your future use. Positioned on a high-visibility corner lot, the commercial space offers strong upside and flexibility for those considering operating their own business down the line—whether in food service, retail, or office use. Additional features include a newer heating system with two boilers, a full-size dry unfinished basement for storage, and a large backyard with a storage shed and planned barbecue area to enhance the commercial space.
For sale
$369,900
201 Rancocas Ave, Riverside, NJ 08075
3beds
1,956sqft
Est.:
Single Family Residence
Built in 1940
7,998 Square Feet Lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
Brazilian restaurantThree income-producing unitsHigh-visibility corner lot
- 10 hours |
- 53 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: 20 hours ago
Listed by:
Elena Gut 856-220-5714,
EXP Realty, LLC
Source: Bright MLS,MLS#: NJBL2107646
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bedroom 2, Basement, Bedroom 1, Commercial/Retail Space
Bedroom 1
- Level: Upper
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Basement
- Level: Lower
Other
- Level: Main
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
- Finished area above ground: 1,956
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- 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: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $369,900+23.3%$189/sqft |
Source: | ||
| 5/10/2024 | Listing removed | -- |
Source: | ||
| 3/30/2024 | Price change | $300,000+9.1%$153/sqft |
Source: | ||
| 3/29/2024 | Listed for sale | $275,000+103.7%$141/sqft |
Source: | ||
| 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
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$2,420/mo
Principal & interest
$1819
Property taxes
$601
More affordability tools
Climate risks
Neighborhood: 08075
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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