Business For Sale in River Vale, NJ
MLS# : 24030125
PROPERTY DETAILS
PROPERTY DESCRIPTION
TURNKEY Restaurant with Liquor License & Bar! 104 Person Capacity Plenty of Parking in the Lot!! A-2 Use in the beautiful town of River Vale among many other local eateries. The Business Owner is Selling the Business Only, Premises are for Lease - Rent Schedule Attached at 3.5% Increases. Inside a Strip Mall (Non-Compete Applies). Landlord has agreed to 10 years at 3.5% Increase.
Amenities
This listing is a courtesy of Kazmir Group, LLC
(201) 981-9234 office, listing agent Anna Maroules
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About River Vale, NJ Real Estate Market
The journey of River Vale as a modern township began in 1906 when some portions of Hillsdale Township and Washington Township got included in its formation. In 1959, additional portions from Montvale got added to the township. The town seeks inspiration for its naming from the Hackensack River, which flows on the outskirts of the township. River Vale holds the record of the lowest ever temperature recorded in the history of New Jersey, which fell to -34 degrees Celcius.
While the northern part of River Vale has sloping hills, the eastern part has Lake Tappan. The western and southern areas of the township include sections of land defined by a creek and Cedar Lane. Most of these lands developed as residential areas of New Jersey real estate for suburban single families in recent years. Other unpopulated parts of the township are covered by woods, which also include the Pascack Brook County Park.
| Population: | 9,659 |
| Total Housing Units: | 3,521 |
| Single Family Homes: | 3,290 |
| General Tax Rate (2023): | 2.713% |
| Effective Tax Rate (2023): | 2.329% |
| Compare To Other Towns |
River Vale Market Indicators
PRICE INDEX
| Average Price* (12mo): | $858,876 |
| Homes Sold* (12mo): | 68 |
SINGLE FAMILY HOME SALES
River Vale, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.713% |
| Effective Tax Rate (2023): | 2.329% |
Similar Listings in River Vale
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
