2 bedroom units rent for an average $1298 per month for a total gross cash flow of $2596 per month. Taxes = $517.25/month + $50/month insurance + $50/month maintenance = $617.25/month in expenses. $2596 per month - $617.25 per month = $1978.75 per month x 12 months = $23,745/year NET Income / $164,990 purchase price = 14.3% CAP Rate. Don't miss this 4 bedroom, 2 bath total cash flow opportunity in Riverside NJ
Sold for $122,719
$122,719
508 S Fairview St, Riverside, NJ 08075
4beds
1,840sqft
MultiFamily
Built in 1900
-- sqft lot
$352,100 Zestimate®
$67/sqft
$2,012 Estimated rent
Home value
$352,100
$296,000 - $408,000
$2,012/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street
Lot
- Size: 8,123 sqft
Details
- Parcel number: 3002203000000011
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Riverside
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2024 | Sold | $122,719-27%$67/sqft |
Source: Public Record Report a problem | ||
| 9/30/2021 | Sold | $168,000$91/sqft |
Source:  Bright MLS #NJBL2000620 Report a problem | ||
| 7/3/2021 | Pending sale | $168,000$91/sqft |
Source: Bright MLS #NJBL2000620 Report a problem | ||
| 6/21/2021 | Listed for sale | $168,000+1.8%$91/sqft |
Source: Bright MLS #NJBL2000620 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,796 +2.6% | $165,600 |
| 2024 | $6,622 | $165,600 |
| 2023 | -- | $165,600 |
Find assessor info on the county website
Neighborhood: 08075
Nearby schools
GreatSchools rating
- 5/10Riverside Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Riverside Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Riverside High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value$352,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$352,100