Property profile

557-559 Riv Dr 559 Elmwood Park, NJ 07407

OFF-MARKET
Commercial real estate
Property ID
US59-3027967
5,540 SF 0.32 ac lot Built 1942
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1942
Construction FRAME
Total area 5,540 SF
Lot 0.32 ac (13,800 SF)
APN 11 01005-0000-00001- 01
UPID US59-3027967

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

557-559 Riv Dr, Unit 559 Elmwood Park, NJ 07407-1420
Elmwood Park metro Census 11300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2023
Last sale
$1.3M
5 recorded transactions
2023
$1.3M
2016
Price N/A
2008
$720,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 557-559 Riv Dr, Unit 559?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message