Nursing Home

Totowa, NJ Nursing Homes for Sale

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Paterson, NJ Haledon, NJ Hawthorne, NJ Woodland Park, NJ Clifton, NJ Wayne, NJ Little Falls, NJ Fair Lawn, NJ
Former Senior Housing Community
Updated: Jul 27, 2024
Former Senior Housing Community

140 Shepherds Ln, Totowa, NJ 07512

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160,275 sqft
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.
Ideal for adaptive reuse as multifamily housing (free market or tax credit) or senior housing.
Opportunity to capitalize on growing demand for elder care facilities and residential rental housing in the Metropolitan area.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Totowa, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Nursing Home Property with Parking
Nursing Home Property with Parking

212-214 Clifton Avenue, Newark, NJ 07104

$1,200,000
8,542 sqft

Historic nursing home property with resident accommodations, public utilities, and on-site parking.

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Nursing Home Property
Nursing Home Property

212214 212-214 Clifton Ave, Newark, NJ 07104

$1,200,000
8,542 sqft

Existing room and bathroom configuration provides space for resident accommodations and facility operations.

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Historic Nursing Home and Farmstead
Historic Nursing Home and Farmstead

184-186 State Route 34, Holmdel, NJ 07733

$3,499,900

Historic multi-story building plus a rear ranch house and outbuildings, set on a farmland-assessed tract.

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Nursing Home Property with Outbuildings
Nursing Home Property with Outbuildings

184-186 State Hwy34, Holmdel, NJ 07733

$3,499,900
15.00 AC lot

Multi-building healthcare property with historic architectural details, residential accommodations, agricultural acreage, and public water service.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Mixed Zoning
Commercial Land with Mixed Zoning

6217-6233 MEADOWVIEW AVE, North Bergen, NJ 07047

$4,179,999
0.57 AC lot

Zoned for residential and limited commercial uses, with completed environmental testing near four senior housing buildings.

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Totowa, NJ Nursing Homes Market Trends and Statistics

Explore 1 nursing homes for sale in Totowa, NJ on our real estate platform. These investment opportunities span a total of 160,275 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Nursing homes 1
Senior Housing / Retirement Homes 1

Demographics Overview

Population 28K
Population Growth (5Y) +2.5%
Median Household Income $86,149
College Educated 23.0%

Taxes & Financing

Tax Rate (average for all types) 2.51%
Property Tax per SF $12.09 per SF
Tax Rate vs County Average 1.84 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Passaic County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Passaic County

Residential Income

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