Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    66 River St East Rutherford, NJ 07073

    Sponsored
    For Sale
    Pending
    $1,300,000

    Commercial - East Rutherford Boro, NJ

    Property size:
    4,524 SF
    Lot size:
    0.15 Acres
    Days on Market:
    50
    Last Refresh:
    Jan 30 at 8:06 am

    Property Features for 66 River St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Residential
    Size
    4,524 SF
    Lot size
    0.15 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Tile, Wood
    Building materials
    Block, Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    WILLIAM P. ROBERTS

    Keller Williams Realty Metropolitan (973) 539-1120

    Listing agent WILLIAM P. ROBERTS (973) 539-1120

    Listing date Dec 12, 2025

    MLS# 3992108 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    East Rutherford Six-Unit Apartment Complex

    This is a 6-unit brick apartment complex featuring six 1-bedroom, 1-bath apartments. The well-maintained building offers solid construction and consistent rental income. It is located in a prime location near local shopping, transportation, and major highways. Each apartment includes a comfortable layout and ample natural light. Off-street parking access is available where permitted. The property's classic brick exterior ensures long-term durability and timeless curb appeal. The property is located minutes from MetLife Stadium, American Dream Mall, and major commuter routes. This East Rutherford opportunity offers upside and stability in one of Bergen County's desirable rental markets. The lot size is 0.15 acres and the property size is 4524 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.11817
    Latitude
    40.84918

    Nearby Similar for Sale

    • $1,400,000
      6,300 SF

      Versatile Commercial Property, East Rutherford

      Commercial property with office, garages, storage, and apartment.
      307 Paterson Ave, East Rutherford, NJ 07073
      View Details
    • $3,490,000

      Turnkey Restaurant and Apartment Building

      Fully renovated retail building with restaurant and apartment plus parking.
      340 Paterson Ave, East Rutherford, NJ 07073
      View Details
    • $24,000,000

      Bergen County Warehouse/Flex Opportunity

      105,544 SF warehouse/flex building on 6.29 acres in Bergen County.
      2 E Union Ave, East Rutherford, NJ 07073
      View Details
    • $24,000,000

      Bergen County Warehouse/Flex Opportunity

      105,544 SF warehouse/flex building on 6.29 acres in Bergen County.
      2 Union St, East Rutherford, NJ 07073
      View Details
    • Contact for pricing
      34,740 SF

      East Rutherford Warehouse with Upgrades

      Warehouse with parking, upgrades, and easy access to major routes.
      890 Paterson Plank Rd, East Rutherford, NJ 07073
      View Details
    • $1,190,000

      Mixed-Use Property in East Rutherford

      Versatile mixed-use building with restaurant, store, and apartment.
      233-235 Paterson Ave, East Rutherford, NJ 07073
      View Details
    • $629,000

      Elegant Condominium with NYC Views

      2-bedroom, 2-bathroom condo with NYC skyline views.
      132 Union Ave, East Rutherford, NJ 07073
      View Details
    • $999,999

      East Rutherford Multifamily Investment Opportunity

      Newer construction multifamily property in desirable East Rutherford location.
      368 Paterson Ave, East Rutherford, NJ 07073
      View Details
    • $999,999

      Modern East Rutherford Income Property

      Newer construction, fully occupied residential and retail property for sale.
      368 Paterson Ave, East Rutherford, NJ 07073
      View Details
    • Contact for pricing
      44,000 SF

      Pleasant Hill Plaza: Office Suites Available

      Prime Contra Costa County office space for lease.
      190 Van Winkle St, East Rutherford, NJ 07073
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-unit apartment building in prime East Rutherford location.
    Where is this apartment building located?
    The property is located at 66 River St East Rutherford, NJ.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Six 1-bedroom, 1-bath apartments offer consistent rental income.; - Prime location near shopping, transportation, and major highways.; - Proximity to New York City, MetLife Stadium, and American Dream Mall.
    (973) 539-1120
    Request Owner's contact information
    66 River St East Rutherford, NJ 07073
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    66 River St
    East Rutherford, NJ 07073
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66 River St East Rutherford, NJ 07073
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    WILLIAM P. ROBERTS
    (973) 539-1120
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.