Here are some potential pros and cons of purchasing real estate in Riverton, New Jersey:

Pros:
- Historic charm: Riverton has a rich history and many homes in the area feature unique, historic architecture.
- Access to outdoor recreation: The village sits along the Delaware River and features a number of parks and green spaces, making it easy to get outside and enjoy nature.
- Commuting options: Riverton is relatively close to Philadelphia, making it a good option for those who work in the city but prefer to live in a quieter, more suburban area.
- Strong sense of community: Riverton is a tight-knit community with a number of community events and activities throughout the year.

Cons:
- Higher prices: Because of its desirable location and historic homes, real estate prices in Riverton tend to be on the higher side.
- Limited amenities: While there are a handful of local shops and restaurants in Riverton, those looking for a wider variety of amenities may need to travel to nearby towns or cities.
- Flood risk: Parts of Riverton are located in FEMA-designated flood zones, meaning that some properties may be at higher risk of flooding during severe weather events.
- Seasonal tourism: Because it is located along the Delaware River, Riverton can experience an influx of tourists during the summer months which can impact traffic and noise levels.

It's important to note that these are general pros and cons and may not apply to all properties and buyers. It's also important to consult with a local real estate agent who can provide more detailed insights into the local market conditions and available properties.