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Property profile

11 Mathews Ave Riverdale, NJ 07457

OFF-MARKET
Industrial properties
Property ID
US59-1969551
7,520 SF 0.56 ac lot Built 1963
Last sale Nov 2024 · $998,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional value-add investment opportunity presents a 8,657 square foot, single-story industrial flex building situated on a 0.54-acre lot in Riverdale, New Jersey. Built in 1963, the property features four units, with a net rentable area of 7,520 square feet. Currently, the building boasts a multi-tenant occupancy, with three units owner-occupied and three units leased, leaving one unit vacant. This presents a unique chance to capitalize on existing rental income while potentially…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$649k
Assessed land$180k
Assessed improvement$469k
Effective rate1.69%

Value estimate

· Nov 2026
$340k
$306k – $374k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$134 – $250
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-3
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.4
Law Firm21.8
Parking Facility11.1

Location

11 Mathews Ave Riverdale, NJ 07457-1028
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5 Curtis, Riverdale, NJ 07457-1113 $1,025,000 Feb 2023 15,286 SF
10 Post, Riverdale, NJ 07457-1103 $1,625,000 Jan 2022 10,798 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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