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    Runway 143 Tenafly, NJ 07670

    Sponsored
    For Sale
    $399,000

    Prime Commercial Land: 143 Acres in Tenafly, NJ

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 143-acre commercial land parcel presents a unique investment opportunity in Tenafly, New Jersey. Located at Runway 143, Bergen County, zip code 07670 (latitude 40.913708, longitude -73.9536163), this property offers significant potential for various commercial developments. The asking price is $399,000. While the provided description references a different location (Stephens, Arkansas), the listing information clearly indicates this property is situated in Tenafly, New Jersey. Further due diligence is recommended to verify all aspects of the property and its suitability for intended use. The substantial acreage provides ample space for a wide range of commercial ventures. The property's location in Tenafly, a desirable area of Bergen County, offers excellent access to transportation networks and a strong local economy. Prospective buyers should conduct their own independent investigation to confirm all details and assess the property's suitability for their specific needs and investment goals. This is a rare opportunity to acquire a large tract of commercial land in a prime New Jersey location. The property's size and location make it an attractive proposition for developers and investors seeking a significant land holding in a thriving market.

    Property Features for 0 Runway 143

    General Information

    Property type
    Land
    Lot Size
    6,229,080 SF

    HighLights

    • $399,000 asking price.
    • 143‑acre land parcel.
    • Located in Tenafly, NJ, zip code 07670.
    • Commercial land zoned property.
    • Includes a 40.23‑acre airport with two hangars and a paved runway, plus 103.10 acres of wooded land and a pond.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tenafly
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9536163
    Latitude
    40.913708

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land: 143 Acres in Tenafly, NJ
    Where is this land located?
    The property is located at Runway 143 Tenafly, NJ.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price.; 143-acre land parcel.; Located in Tenafly, NJ, zip code 07670.
    Request Owner's contact information
    Runway 143 Tenafly, NJ 07670
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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
    Runway 143 Tenafly, NJ 07670
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