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Sold for $1,000,000
  • $1,000,000

    79 Whitehead Ave, South River, NJ 08882

    9beds
    4baths
    8,000sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $2,259 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,259/mo

    Zestimate® history
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    What's special

    Rooming and boarding house
    Calling all investors! Welcome to a rare opportunity with charming room rentals, commercial opportunity, and a dedicated parking lot located in South River, NJ. This listing boasts a rooming and boarding house and 3 commercial spaces featuring 12 units total. Included in this listing are two distinct lots with the cafe, meat market/ deli, printing company and rooming and boarding home occupying the first and a parking lot occupying the second. The rooming and boarding home includes 9 rooms, 2 of those rooms have their own kitchen and bathroom, with 3 commercial spaces below, as well as a parking lot, ensuring a steady stream of rental income. Those three thriving commercial spaces complement the residential aspect: a bustling meat market and deli catering to locals' culinary needs, a reliable printing company serving businesses and individuals alike, and a charming cafe providing a cozy atmosphere for patrons to enjoy coffee and snacks with dedicated parking available for customers. Strategically located in South River, these commercial spaces benefit from a bustling community and high foot traffic. With a diverse range of revenue streams and a prime location, this property offers exceptional investment potential. Included in the listing is the parking lot across the street, perfect for customer parking or as an independent source of revenue! Don't miss your chance to capitalize on this lucrative opportunity in South River!

    Zillow last checked:

    Listing updated:

    Listed by:

    DANIEL VAYSBERG,

    FORMULA REALTY, LLC 732-858-5882

    Source: All Jersey MLS,MLS#: 2409255RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    Heating
    • Baseboard Electric, Baseboard, Radiators-Hot Water
    Cooling
    • A/C Window Unit(s)
    Appliances
    • Included: Water Heater(Gas), Water Heater
    Features
    • Unit 1(Kitchen, 5+ Bedrooms, 2+ Baths, See Remarks), Unit 2(4 Bedrooms, 2+ Baths, See Remarks), Unit 3(1 Bath, See Remarks), Unit 4(1 Bath, See Remarks)
    • Basement: Partial, None
    Interior area
    • Total structure area: 8,000
    • Total interior livable area: 8,000 sqft

    Property

    Parking
    • Parking features: See Remarks
    Features
    • Stories: 2
    Lot
    • Size: 8,276 Square Feet
    • Dimensions: 127.00 x 91.00
    • Features: Near Shopping, Near Train, Corner Lot
    Details
    • Parcel number: 2300283000000001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: South River

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $45,000
    • Annual tax amount: $8,898
    • Date on market: 3/13/2024
    • Ownership: See Remarks
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/16/2025Sold$1,000,000-9.1%$125/sqft
    Source: All Jersey MLS #2409255R Report a problem
    8/7/2024Contingent$1,100,000$138/sqft
    Source: All Jersey MLS #2409255R Report a problem
    5/13/2024Price change$1,100,000-4.3%$138/sqft
    Source: All Jersey MLS #2409255R Report a problem
    3/13/2024Listed for sale$1,150,000+253.8%$144/sqft
    Source: All Jersey MLS #2409255R Report a problem
    9/28/2018Sold$325,000$41/sqft
    Source: All Jersey MLS #1825062 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,146 $45,000
    2024$1,146 +3.1%$45,000
    2023$1,112 +1.8%$45,000
    2022$1,093 +3.9%$45,000
    2021$1,052 +2.2%$45,000
    2020$1,029 -4.5%$45,000 +235.8%
    2019$1,077 $13,400
    2018$1,077 +7.9%$13,400
    2017$999 +2.3%$13,400
    2016$976 +2.3%$13,400
    2015$954 $13,400
    Find assessor info on the county website

    Neighborhood: 08882

    Nearby schools

    GreatSchools rating
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