Financial
Distress signals
Property profile

70 Grand Ave River Edge, NJ 07661

FOR LEASE
Other commercial real estate
Property ID
US59-1782266
67,616 SF 1.6 ac lot
Last sale Dec 1997 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-story office building includes a three-story atrium and offers office space with notable window lines. It is situated near Route 4 and The Shops at Riverside, providing access to a variety of nearby services including banks, restaurants, hotels, and retail. Public transportation is accessible via nearby bus and train stops, and the location provides immediate connections to I-80, Routes 4 and 17, US-46, and the Garden State Parkway. The building is approximately 5 miles from the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$246k
Tax billed · 2022
Assessed value · 2023$6.65M
Assessed land$1.39M
Assessed improvement$5.26M
Effective rate3.70%

Value estimate

· Sep 2026
$8.84M
$7.96M – $9.72M
Submarket $/SF estimate$5.84M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418
Qualifying comparables7

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Laundry Service10.2
Daycare Center9.0

Location

70 Grand Ave River Edge, NJ 07661
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
38 Riv Edge, River Edge, NJ 07661-2442 $1,520,000 May 2025 6,204 SF
5 New Brg, River Edge, NJ 07661-2022 $3,000,000 Dec 2024 8,952 SF
625 Kinderkamack, River Edge, NJ 07661-2156 $3,234,644 Feb 2024 20,810 SF
821 Kinderkamack, River Edge, NJ 07661-2323 $400,000 Mar 2022 2,842 SF
117 Kinderkamack, River Edge, NJ 07661-1941 $1,600,000 Dec 2019 2,708 SF
26 Riv Edge, River Edge, NJ 07661-2458 $865,000 Nov 2019 5,479 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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