Commercial space For Sale in West New York, NJ
 

MLS# : 24020967

Street : 586 54th Street
Price : $649,000
Town : West New York, NJ 07093
Annual Taxes : $13,117

PROPERTY DETAILS

Use : Industrial
Type : Warehouse/Office
Utilities : Sep Elec, Sep Gas, Sep Heat
Heat/Cool : Gas
Waterfront : None

PROPERTY DESCRIPTION

Investment corner property with a 1900 square feet commercial space plus two apartments and one parking space all separate utilities very convenient to public transportation.

Amenities

This listing is a courtesy of Weichert Realtors, Fort Lee
(201) 592-1400 office, listing agent Maria Waller

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About West New York, NJ Real Estate Market

West New York is the second-most densely populated municipality in the United States of America, as the town has over 53,000 people living in an area of 1.33 square miles. The town of West New York is located in the northern part of Hudson County in New Jersey, above the New Jersey Palisades.

The formation of West New York as a town happened by an act of the New Jersey Legislature in 1898 when it replaced Union Township based on the results of a referendum. Thanks to the massive development in the town due to emerging textile industries, West New York became one of the most desirable places in New Jersey. This development also led to the establishment of high-rise apartments along Boulevard East and then in other parts of the town, which still are an integral part of Hudson County real estate.

Located in the heart of the North Hudson, West New York belongs to the New York metropolitan area and shares its border with North Bergen, Guttenberg, Union City, Weehawken and New York City boroughs. Bergenline Avenue in West New York is one of the busiest commercial places in the town.
Population:  62,566
Total Housing Units:  23,316
Single Family Homes:  5,329
Apartments:  17,987
General Tax Rate (2023):  7.934%
Effective Tax Rate (2023):  1.810%
Compare To Other Towns

West New York Market Indicators

PRICE INDEX

Average Price* (12mo):  $700,082
Homes Sold* (12mo):  5
PRICE INDEX
SINGLE FAMILY HOME SALES

West New York, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $535,249
Apatments Sold* (12mo):  130
PRICE INDEX
APARTMENT SALES

West New York, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  7.934%
Effective Tax Rate (2023):  1.810%
GENRAL TAX RATE - West New York, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/22/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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