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Listed by Joshua Graham • Herron Real Estate

$434,999

Est. payment - /mo

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0.34 Acres Lot

Price Dropped by $25K

261 SAINT MIHIEL DR Riverside, NJ 08075

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Additional details

Alexandra DiFilippo

alex@alexdifilippo.com +1(856) 298-9699

UPDATED:

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJBL2060228

Year Built 1960

Annual Tax Amount $3,023

Tax Year 2024

Lot Size 0.341 Acres

Acres 0.34

Lot Dimensions 99.10 x 150.00

Property Sub-Type Land for Commercial Use

Source BRIGHT

Property Description

Significant Price Reduction—Serious Opportunity for Investors.
Located in a rapidly improving area, this property offers strong long‑term upside. Zoned I‑2, it supports numerous commercial and industrial applications, making it ideal for redevelopment, owner‑use, or portfolio expansion.

The township may also make additional land available, enabling easement access to American Legion Drive—an advantage rarely offered.

Current rental option: $2,100/month, (Triple Net Lease) (Gross Modified)providing immediate income potential.

Location

State NJ

County Burlington

Area Riverside Twp (20330)

Zoning I-2

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Flooring Ceramic Tile, Concrete

Inclusions All Restaurant Equipment

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Utilities Available Natural Gas Available

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 15

Garage N

Building

Foundation Concrete Perimeter

Sewer No Septic System

Water Public

New Construction N

Schools

School District Riverside Township Public Schools

Others

Tax ID 30-00502-00010

Ownership Fee Simple

Security Features Security System

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard, Other

Nearby School & Business

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Alexandra DiFilippo

Agent License ID: 1646832

+1(856) 298-9699

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