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    Elmwood Park Slater Dr & Riverfront Blvd Elmwood Park, NJ 07407

    For Sale
    Contact for pricing

    0.7-acre commercial lot, ideal location.

    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. Strategically located between Route 80 and Route 46, this property benefits from excellent accessibility and high visibility. The site's strong daytime population is further enhanced by its proximity to significant commercial developments. Specifically, the property is situated near a 107-unit residential building at 400 Riverfront Boulevard, a 51-unit residential building with 15,000 square feet of retail space at 301 Riverfront Boulevard, and a substantial 75,000 square foot office building. This prime location offers unparalleled potential for a variety of commercial uses, capitalizing on the existing infrastructure and high-traffic area. The address is Elmwood Park Slater Dr & Riverfront Blvd, Elmwood Park, NJ 07407, within Bergen County. The property's 0.7-acre size provides ample space for development, making it an attractive proposition for investors seeking a high-return opportunity in a dynamic and growing market. This is a rare chance to acquire a well-positioned commercial lot in a highly desirable location.

    Property Features for 0 Elmwood Park Slater Dr & Riverfront Blvd

    General Information

    Property type
    Land
    Lot Size
    30,492 SF

    HighLights

    • 0.7‑acre commercial lot in Elmwood Park, NJ, ideally situated between Route 80 and Route 46.
    • High daytime population density.
    • Proximity to a 107‑unit residential building at 400 Riverfront Blvd.
    • Adjacent to a 51‑unit residential building with 15,000 SF of retail space at 301 Riverfront Blvd.
    • Near a 75,000 SF office building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elmwood Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1270934
    Latitude
    40.8980564

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    FAQs

    What type of property is this?
    Land - 0.7-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at Elmwood Park Slater Dr & Riverfront Blvd Elmwood Park, NJ.
    What are key features of this property?
    This property features: 0.7-acre commercial lot in Elmwood Park, NJ, ideally situated between Route 80 and Route 46.; High daytime population density.; Proximity to a 107-unit residential building at 400 Riverfront Blvd.
    Request Owner's contact information
    Elmwood Park Slater Dr & Riverfront Blvd 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 Slater Dr & Riverfront Blvd Elmwood Park, NJ 07407
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