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    Elmwood Park Elmwood Park, NJ 07407

    For Lease
    Contact for pricing

    0.7-acre commercial lot, prime location.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.7-acre commercial land parcel presents a unique investment opportunity in the thriving Elmwood Park, New Jersey market. Located in Elmwood Park, NJ, zip code 07407, this single-tenant property offers significant potential for development. The lot size is precisely 0.7 acres, providing ample space for a variety of commercial ventures. The property is designated as commercial land and is currently available for lease. Its strategic location within Elmwood Park offers excellent accessibility and visibility, making it an ideal site for businesses seeking a prominent presence in a bustling community. The property's single-tenant designation simplifies management and leasing processes. Given its size and location, this land parcel is well-suited for a range of commercial uses, from retail establishments to light industrial operations. Serious inquiries are encouraged to explore the possibilities this prime Elmwood Park location offers. The property is conveniently situated in Elmwood Park, offering easy access to major transportation routes and a vibrant local economy. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable New Jersey location. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to secure a valuable asset in a growing market.

    Property Features for 0 Elmwood Park

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Excellent location, easily accessible from Routes 80 and 46.
    • High daytime population density.
    • 107‑unit multifamily building at 400 Riverfront Blvd.
    • 51‑unit multifamily building with 15,000 SF of retail space at 301 Riverfront Blvd.
    • 75,000 SF office building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elmwood Park
    County
    Elmwood Park
    State
    New Jersey
    Longitude
    -74.1181234
    Latitude
    40.9074337

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    FAQs

    What type of property is this?
    Land - 0.7-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Elmwood Park Elmwood Park, NJ.
    What are key features of this property?
    This property features: Excellent location, easily accessible from Routes 80 and 46.; High daytime population density.; 107-unit multifamily building at 400 Riverfront Blvd.
    Request Owner's contact information
    Elmwood Park Elmwood Park, NJ 07407
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    Elmwood Park, NJ 07407
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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
    Elmwood Park Elmwood Park, NJ 07407
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