Commercial Land
New
For Sale
$5,250,000
471-491 Lafayette Avenue, Hawthorne, NJ 07506
Adopted redevelopment plan outlines senior residential and mixed-use residential concepts with ground-floor commercial space.
Property SizeContact for details
Days on Market2
Property Features for 471-491 Lafayette Avenue
General Information
Standard status
Active
Property subtype
Commercial Sale/Lease
Listing Agency:
Century 21 The Crossing-Midland Park
(201) 333-4676
Listed By:
Andres Ospina
(201) 333-4676
Source:
Premiervillagroup.idxbroker
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 12:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Crossing-Midland Park
Investment Insights
Based on property information with market context.
This commercial land assemblage at 471–491 Lafayette Avenue covers approximately 2.27+/- acres, or 98,881+/- SF, across two sub-areas. The property has more than a block of frontage along Lafayette Avenue and was formerly occupied by the original Hawthorne Chevrolet facility.
An adopted Redevelopment Plan establishes a framework for future development. One tract presents an opportunity for senior residential use, while the other allows for mixed-use residential development incorporating ground-floor commercial space. The plan provides for up to 60 residential units, subject to compliance with the plan, applicable regulations, and required municipal approvals. The property is located in Hawthorne Boro, New Jersey.
An adopted Redevelopment Plan establishes a framework for future development. One tract presents an opportunity for senior residential use, while the other allows for mixed-use residential development incorporating ground-floor commercial space. The plan provides for up to 60 residential units, subject to compliance with the plan, applicable regulations, and required municipal approvals. The property is located in Hawthorne Boro, New Jersey.
Key Highlights
- Approximately 2.27+/- acres totaling 98,881+/- SF
- More than a block of Lafayette Avenue frontage
- Adopted Redevelopment Plan in place
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 07506, NJ
19,637
Population
8,033
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
5,951
Density / Sq Mi
$118,093
Median Household Income
$62,495
Median Earnings
$1,828
Median Rent
$499,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Adopted redevelopment plan outlines senior residential and mixed-use residential concepts with ground-floor commercial space.
Where is this commercial land located?
The property is located at 471-491 Lafayette Avenue Hawthorne, NJ.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Approximately 2.27+/- acres totaling 98,881+/- SF; More than a block of Lafayette Avenue frontage; Adopted Redevelopment Plan in place
