Former Senior Housing
140 Shepherds Lane Totowa, NJ 07512
140 Shepherds Lane, Totowa, NJ, 07512
Contact for pricing
For Sale
Contact for pricing
Pending
160,000+ sq ft property suitable for healthcare or residential redevelopment.
Property Size160,275 SF
Days on Market725
Property Features for 140 Shepherds Lane
General Information
- Standard status
- Pending
- Size
- 160,275 SF
- Property subtype
- Senior Living
Building Details
- Year Built
- 1975
Listing Agency
RM Friedland
(914) 968-8500
Listed by
John Barrett · License #NY10301202670
Source
Crexi
Added: Jul 27, 2024 Updated: Jul 10 at 3:41 pm Checked: Jul 19 at 6:37 am
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 RM Friedland
Investment Insights
Based on property information with market context.
Located in Totowa, New Jersey, this property encompasses over 160,000 square feet. Previously a skilled nursing facility, the property has infrastructure suitable for healthcare use. It also provides a foundation for residential redevelopment for either the free market or tax credit developer. The property is positioned to capitalize on the demand in the Metropolitan area for elder care facilities and residential rental housing. The property has access to major highways and public transportation. The existing building, formerly a 102-unit senior housing community, is laid out in three wings. It is suited for adaptive reuse as a multifamily retrofit for either free market or tax credit redevelopment, in addition to senior housing. The site includes mature green spaces and gardens.
Key Highlights
- Large 160,000+ sq ft property suitable for healthcare or residential redevelopment.
- Previously a skilled nursing facility, equipped with existing infrastructure for healthcare use.
- Prime location in Totowa, NJ, with easy access to major highways and public transportation.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nursing homes
Similar For Sale Nearby
Similar Off Market Nearby
- St Joseph's Home-Elderly — 140 Shepherds Ln Suite 1, Totowa, NJ 07512
FAQs
What type of property is this?
Nursing home - 160,000+ sq ft property suitable for healthcare or residential redevelopment.
Where is this nursing home located?
The property is located at 140 Shepherds Lane Totowa, NJ.
What are key features of this property?
This property features: Large 160,000+ sq ft property suitable for healthcare or residential redevelopment.; Previously a skilled nursing facility, equipped with existing infrastructure for healthcare use.; Prime location in Totowa, NJ, with easy access to major highways and public transportation.