Commercial space For Lease in Edgewater, NJ
 

MLS# : 24027384

Street : 986 River Road #1
Price : $6,900
Town : Edgewater, NJ 07020
Annual Taxes : $59,052

PROPERTY DETAILS

Use : Retail
Type : Strip Mall
Utilities : Sep Elec, Sep Gas, Sep Heat
Heat/Cool : Central Air, Gas, Hot Air
Waterfront : River Front

PROPERTY DESCRIPTION

FANTASTIC LOCATION ON RIVER RD, GREAT VISIBILITIES FROM RIVER RD AND RT 5, RIGHT ACCROSS FROM THE MARINA/FERRY, MUNICIPAL PARKING LOT, TWO ENTRANCES FOR THIS CORNER UNIT. PLENTY OF PARKING. TRIPLE NET LEASE. 3 MONTHS SECURITY, 5YR LEASE, 3% INCREASE PER YEAR. APPROXIMATELY 2400 SQ FT. 22% CAM CHARGE

Amenities

This listing is a courtesy of L. Cho Realty, Inc.
(201) 585-8151 office, listing agent Sunghe Cho Guma

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 Edgewater, NJ Real Estate Market

The Borough of Edgewater is located only minutes from New York City. The commute is made very easy due to the ferry system and NJ Transit buses. Edgewater is located near three major airports, JFK, LaGuardia and Newark International Airport with easy access to highways and river crossings.

This vibrant town has many outstanding restaurants and chic shops. Edgewater has favorable real estate tax for homeowners.
Population:  13,978
Total Housing Units:  5,918
Single Family Homes:  1,338
Apartments:  4,918
General Tax Rate (2023):  1.597%
Effective Tax Rate (2023):  1.479%
Compare To Other Towns

Edgewater Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,017,305
Homes Sold* (12mo):  18
PRICE INDEX
SINGLE FAMILY HOME SALES

Edgewater, 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):  $661,349
Apatments Sold* (12mo):  164
PRICE INDEX
APARTMENT SALES

Edgewater, 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):  1.597%
Effective Tax Rate (2023):  1.479%
GENRAL TAX RATE - Edgewater, 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: 11/21/2024 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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