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Backup Offers

79 Whitehead Ave, South River, NJ, 08882

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,000 SqFt
$138/SqFt
Multi

Location

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79 Whitehead Ave, South River$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSee Remarks
HeatingBaseboard
MLS #2409255R
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Under Contract)

About 79 Whitehead Ave

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!

Property Details

Property Features

Property Information:

  • Stories: 2
  • Living Area: 8,000 SqFt

Listing Office:

  • Office Name: FORMULA REALTY, LLC

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: No
  • Interior: 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)

Exterior Features

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $138/SqFt
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Housing Market Comparison

See how this home compares to others in South River, NJ.

Med. Sold Price

$460K

Med. Price/SqFt

$315

Avg. Days On Market

41

# of Sold Homes

15

79 Whitehead Ave vs South River

245 DAYS ON ROCKET

+204 Days

$1,100,000

+$640K More

$138/SqFt

-$177 Less

KEY TAKEAWAY

This property is $640K more than the Median Sold Price and $177/SqFt less than other homes in South River, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2409255R

Listing Office:

  • Office Name: FORMULA REALTY, LLC

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 10, 2018Home Sold
$325,000
Oct 10, 2018Home Sold
$325,000

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-303075
3
/10
  • South River Elementary School

  • 81 Johnson Pl

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-303076
6
/10
  • Chittick Elementary School

  • 5 Flagler St

  • 1.37 miles

  • Public District Grades PK-5

school-card-donut-303077
7
/10
  • Woodrow Wilson Elementary School

  • 65 Dane St

  • 1.37 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,500. The majority of South River, NJ residents have income between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyMiddlesex CountySouth River0888279 Whitehead Ave

This home is located at 79 Whitehead Ave in South River, NJ and zip code 08882. This 8,000 square foot home sits on a 0.19 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $1,100,000.

While more than 8 listings in South River, NJ in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in South River, NJ decreased by 3.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 41 days, the median list price was $460,000.

From Rocket Homes Real Estate and based on county public records data.

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