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    688 Westwood ##1-4 River Vale, NJ 07675

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    For Lease
    $4,000 /Mo

    Neighborhood town center ideal for various retail and service businesses.

    Property Features for 688 Westwood ##1-4

    General Information

    Standard status
    Active

    Source: L. CHO REALTY, INC. Agent SUNGHE CHO GUMA

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

    Overview

    Retail Space in River Vale

    This retail space is located in a neighborhood town center in River Vale. The location is suitable for a variety of users, as the center already includes a pharmacy, physical therapy practice, learning center, eye doctor, restaurant, nail shop, and runner's supply store. The property benefits from a location with ample parking. Lease terms include a minimum 5-year lease, 4 months' security deposit, and rent increases of 5% per year. A key money payment of $20,000 is required, and the CAM is 6%.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    River Vale
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0191
    Latitude
    41.003

    Nearby Similar for Lease

    • Contact for pricing
      2,100 SF

      River Vale Retail Space Available

      Retail space for lease in downtown River Vale, NJ.
      679 Westwood Ave, River Vale, NJ
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood town center ideal for various retail and service businesses.
    Where is this shopping center located?
    The property is located at 688 Westwood ##1-4 River Vale, NJ.
    What are key features of this property?
    This property features: - Located in a neighborhood town center with diverse businesses.; - Great location with plenty of parking.; - Minimum 5-year lease term.
    (201) 585-8151
    Request Owner's contact information
    688 Westwood ##1-4 River Vale, NJ 07675
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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
    688 Westwood ##1-4 River Vale, NJ 07675
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