Commercial Land
New
For Lease
$5,250,000
471-491 Lafayette Avenue, Hawthorne, NJ 07506
Two-subarea redevelopment site governed by an adopted plan supporting residential and ground-floor commercial uses.
Space SizeContact for details
Days on Market6
Property Features for 471-491 Lafayette Avenue
General Information
Standard status
Active
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$102,570
Listing Agency:
Century 21 The Crossing-Midland Park
(201) 606-1373
Listed By:
Nicholas G. Pace
(201) 606-1373
Source:
Tarvinrealtors
Added: Aug 27
Changed: Aug 31
Last Checked: Aug 31 at 9:48AM
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 covers 2.27+/- acres, or approximately 98,881+/- SF, across two distinct sub-areas. The property includes more than a block of Lafayette Avenue frontage and was formerly occupied by the original Hawthorne Chevrolet facility.
An adopted Redevelopment Plan provides the framework for future development, including senior residential use on one tract and mixed-use residential development with ground-floor commercial space on the other. The plan allows for up to 60 residential units, subject to compliance with the plan, applicable regulations, and required municipal approvals. The site is located at 471-491 Lafayette Avenue in Hawthorne, NJ 07506.
An adopted Redevelopment Plan provides the framework for future development, including senior residential use on one tract and mixed-use residential development with ground-floor commercial space on the other. The plan allows for up to 60 residential units, subject to compliance with the plan, applicable regulations, and required municipal approvals. The site is located at 471-491 Lafayette Avenue in Hawthorne, NJ 07506.
Key Highlights
- 2.27+/- acre commercial land assemblage
- Approximately 98,881+/- SF across two sub‑areas
- More than a block of Lafayette Avenue frontage
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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 - Two-subarea redevelopment site governed by an adopted plan supporting residential and ground-floor commercial uses.
Where is this commercial land located?
The property is located at 471-491 Lafayette Avenue Hawthorne, NJ.
What is the lease rate?
The lease rate is $5,250,000.
What are key features of this property?
This property features: 2.27+/- acre commercial land assemblage; Approximately 98,881+/- SF across two sub‑areas; More than a block of Lafayette Avenue frontage
