Live in one and let the other help pay your mortgage! FHA mortgage with 3.5% down your monthly payment would be approximately $2445 Minus $1530 (rents from unit A and 2 garages). OR Prime Investment Opportunity: Versatile Turn-Key Duplex Both units are currently rented. Unit A is $1200 per month and Unit B is $1300 affective July 1, 2026 Presenting a well maintained multi-family residence that offers a rare blend of immediate cash flow and long-term appreciation. This classic duplex configuration is ideal for the savvy investor or an owner-occupant looking to utilize the rental to offset mortgage costs. Unit A: First Floor Located on the ground floor, this spacious 1-bedroom, 1-bathroom unit features a thoughtful layout designed for comfort and functionality. Living Space: Includes a distinct living room and a dedicated dining area, perfect for entertaining. Kitchen: Fully equipped kitchen with ample cabinetry. Bonus Amenities: Exclusive interior access to the full basement, providing expansive storage options and private laundry facilities. Unit B: Second Floor The upper-level residence offers an expanded footprint featuring 2 bedrooms and 1 bathroom. Layout: A bright and airy floor plan boasting a large living room and a formal dining area. Kitchen: Functional kitchen space with a layout optimized for modern living. Appeal: Washer and Dryer in unit. Walking distance to shopping, schools and transportation. Outdoor Space: Residents enjoy access to a generous, shared backyard—a premium feature for urban rentals, perfect for outdoor recreation and relaxation. Mechanicals & Maintenance: Separated utilities ensure streamlined property management and low overhead for the owner. Sewer line was just replaced. This property represents a robust addition to any portfolio. With its strategic layout and high-demand unit mix, it is positioned for consistent occupancy and strong rental yields. Schedule your private showing today to explore the potential of this premier income property. Easy access, schedule your appointment today. Additionally property includes 2 garages at the back of the property are accessible from Sylvan Street that are also generating owner income, each garage is rented for $165 per month.
Multi-familyProperty Type
1920Year Built
1,760 sq ftLot Size
$191Price/Sq.Ft.
Listed by Pat Pomeranz• Keller Williams Realty - Moorestown
Twin duplex on quiet dead end street. Newer vinyl siding and windows. Updated kitchens and baths. Each unit has its own heater, electric panels, and water lines. The tenants also pay sewer bill. Landlord pays no utilities at all. This is very rare for any multi-family property. Property also has a two bay garage in the back that rents for 200.00 per month. Great long term tenants that treat the property like it is their own. They both want to stay for the new owner. Great buy at a great price.
BRIGHT MLS #NJBL160562
Oct 31, 2005
Sold
$150,000
$99/sq ft
Sep 28, 2005
Listing Removed
—
Sep 20, 2005
Listed
$150,000
$99/sq ft
BRIGHT MLS #NJBL285070
Sep 5, 2005
Listing Removed
—
Jul 11, 2005
Listed
$174,000
$114/sq ft
BRIGHT MLS #NJBL284834
Jul 5, 2005
Listing Removed
—
Jan 6, 2005
Listed
$187,900
$123/sq ft
BRIGHT MLS #NJBL165178
May 22, 2002
Sold
$52,000
$34/sq ft
May 15, 2002
Listing Removed
—
Mar 18, 2002
Listed
$52,000
$34/sq ft
BRIGHT MLS #NJBL250110
Sep 30, 2001
Listing Removed
—
Nov 2, 2000
Listed
$76,000
$50/sq ft
BRIGHT MLS #NJBL247822
Oct 30, 2000
Listing Removed
—
Dec 11, 1999
Listed
$76,000
$50/sq ft
Public Records
Oct 10, 1986
Sold
$25,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,864 (+3.5%)
$41,500 + $96,500
$138,000
2024
$5,664 (+2.6%)
$41,500 + $96,500
$138,000
2023
$5,519 (+2.1%)
$41,500 + $96,500
$138,000
2022
$5,404 (+1.1%)
$41,500 + $96,500
$138,000
2021
$5,346 (+1.8%)
$41,500 + $96,500
$138,000
2020
$5,252 (+1.5%)
$41,500 + $96,500
$138,000
2019
$5,172 (+6.8%)
$41,500 + $96,500
$138,000
2018
$4,843 (+2.8%)
$41,500 + $96,500
$138,000
2017
$4,713 (+3.9%)
$18,900 + $111,100
$130,000
2016
$4,537 (+6.7%)
$18,900 + $111,100
$130,000
2014
$4,252 (+2.6%)
$18,900 + $111,100
$130,000
2013
$4,143 (−15.6%)
$18,900 + $111,100
$130,000
2012
$4,906 (+3.3%)
$18,900 + $111,100
$130,000
2011
$4,748 (+1.9%)
$18,900 + $137,400
$156,300
2010
$4,658 (+0.9%)
$18,900 + $137,400
$156,300
2009
$4,616
$18,900 + $137,400
$156,300
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2,100 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,912
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,912
Year built
1920
Style
Single Family Residential
County
Burlington County
APN
3002502 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 2026.
R-2
RIVERSIDE TOWNSHIP
Single Family Residential District
The primary purpose of the R-2 residential district is to continue the existing predominant pattern of single-family detached homes and other neighborhood-oriented uses on lots of 50 ft wide or wider and of 100 ft or more in depth. The secondary purposes of the district are to: Maintain the existing housing stock and neighborhood facilities, streetscape and public infrastructure; Encourage alternative modes of transportation, such as walking, bicycling, carpooling, mass transit, etc.; Accommodate compatible infill development and alterations for changing household needs.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational/school
Sports arena / stadium
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Riverside, NJ • 08075
Average low and high temperatures (°F)
36
24
41
27
59
38
67
47
73
56
84
66
89
71
82
63
78
62
70
49
57
41
43
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 257 Progress St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $190,000 and $325,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $325K.