183 Prospect Street, South River, NJ 08882
Listing Courtesy of LACERDA REALTORS
$1,799,000
Potential Rebate: $26,985
Overview
Prime mixed-use investment comprising a fully renovated in 2010 Bar & Restaurant with all equipment included(Liquor License can be sold separately), featuring a billiards room on the lower level/basement. Above is a well-appointed 3-bedroom 1-bath apartment ideal for additional income. This property also features a detached one-family house, with 2 bedrooms and 1 bath, siding and roof replaced in 2020. Outstanding commercial viability supported by a large lot with 100+ parking spaces. A rare opportunity of strong income potential in a visible South River location with continued growth in the surrounding corridor, offering versatility, visibility, and immediate revenue.
Home Features
- •Ceiling Fan(s)
- •Window Unit(s)
- •See Remarks
- •Appliances
- •Refrigeration
- •Tile
- •Wood
- •Appliances
Estimated Monthly Payment
$10,106 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$26,985
Monthly savings impact
$75/mo
Effective Purchase Price
$1,772,015
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of LACERDA REALTORS
Data Source: AJMLS #2606365R
Why Buy With Us
Rebates Up To
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Listings
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of LACERDA REALTORS
Data Source: AJMLS #2606365R
Price Analysis
Compare average listing prices and value metrics for 183 Prospect Street, South River, NJ 08882 against the surrounding South River Borough market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
237.24% Higher
than the South River Borough price average
This this home commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within South River Borough.
