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    18 Dempsey Ave Edgewater, NJ 07020

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    For Sale
    $2,195,000

    5,206 SF commercial building rebuilt in 2005, turn-key condition.

    Property size:
    5,206 SF
    Lot size:
    0.09 Acres

    Property Features for 18 Dempsey Ave

    General Information

    Size
    5,206 SF
    Lot size
    0.09 Acres

    Source: Furumoto Realty Agent Yoko Evans

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rebuilt Commercial Building For Sale

    This 5,206 SF (approximate) commercial building was completely rebuilt in 2005 and is in turn-key condition. The current owner has installed two separate meters and plumbing, wiring, and water pipes on each floor, allowing the space to be subdivided into a maximum of four commercial spaces. The property features a ground-floor retail component of 2,630 SF and a 2,630 SF office space. Currently, the building houses a beauty salon as a ground-floor retail tenant and a real estate firm as a second-floor office tenant. All office furniture and fixtures on the second floor are included in the sale. The zoning permits eating and business establishments, business and professional offices, banks and financial institutions, municipal buildings and facilities, as well as childcare centers. The property is located at 18 Dempsey Ave, Edgewater, NJ.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tony LaGreca United ... Real Estate Agency Camille Frazier Realtor Real Estate Agent United Real Estate ... Real Estate Agency Horizon Livestock LLC Livestock Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9741639
    Latitude
    40.8273384

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    FAQs

    What type of property is this?
    Retail space - 5,206 SF commercial building rebuilt in 2005, turn-key condition.
    Where is this retail space located?
    The property is located at 18 Dempsey Ave Edgewater, NJ.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: - Potential for increased revenue through subdivision into up to four commercial spaces.; - Turn-key condition following complete rebuild in 2005.; - Existing tenants provide immediate income.
    (201) 686-5263
    Request Owner's contact information
    18 Dempsey Ave Edgewater, NJ 07020
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    Edgewater, NJ 07020
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    Realmo Value Estimation

    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.

    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.

    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
    18 Dempsey Ave Edgewater, NJ 07020
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