449 Rivervale Rd River Vale, NJ 07675-6437
The permitted uses of buildings and premises in the A-1 District shall be the same as those established for the A District, except that the following use shall also be permitted in the A-1 Residence District: A. Residential/golf course, subject to the standards established herein. (1) Residential/golf course development regulations. (a) Minimum tract area. T…
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
A-1 · River Vale, NJThe permitted uses of buildings and premises in the A-1 District shall be the same as those established for the A District, except that the following use shall also be permitted in the A-1 Residence District: A. Residential/golf course, subject to the standards established herein. (1) Residential/golf course development regulations. (a) Minimum tract area. The total land area required for residential/golf course development shall be 150 acres. The golf course may include lands outside the Township of River Vale, however, the minimum tract area requirement herein specified shall be exclusive of any such lands. (b) Required principal uses. The residential/golf course development shall contain the following use components: [1] A minimum eighteen-hole regulation golf course. The golf course shall be a minimum length of 6,000 yards collectively measured by each of 18 holes, from the center of the rearmost tee to the center of the green of each hole. The course shall be held under separate ownership and subdivided from the residential units provided for herein. [2] The residential component consisting of any, or all of the following designed to appeal to an age-targeted luxury market comprising young professional and empty nester households: quadplexes and townhouses, except that not less than 70% of all residential dwellings shall be townhouse units. [3] Ten percent of all the residential units shall be set aside and designated as family rental units affordable to low- and moderate-income households. Said set-aside provisions shall be pursuant to the New Jersey Uniform Housing Affordability Controls (UHAC), with the exception that in lieu of 10% of affordable units in rental projects being required to be at 35% of median income, 13% of affordable units in such projects shall be required to be at 30% of median income, the current applicable rules as included in the Township's Master Plan Housing Element, and/or any and all affordable housing decisions made by the New Jersey Superior, Appellate, or Supreme Court (the "affordable units"). The ten-percent affordable set-aside is a required component of any residential/golf course development. [4] A building containing 100% affordable units (the "affordable building"). Ten percent of all the total number of the residential units developed on the residential component shall be affordable and located in the affordable building and shall be phased with the total residential units pursuant to N.J.A.C. 5:93-5.6(d). (c) Permitted accessory uses.
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Risks
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