Commercial space For Sale in Elmwood Park, NJ
MLS# : 24033752
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime investment opportunity! This three-unit strip mall is located in the heart of Elmwood Park's bustling downtown district. Situated on a 51x150 lot, the property offers excellent visibility on a high-traffic road, making it ideal for retail businesses looking to attract foot and vehicle traffic. With 10+ parking spaces conveniently located at the rear of the building, this property provides easy access for customers. Its strong rental history makes it a stable investment, with current tenants benefiting from the mall's high visibility and proximity to major highways, offering seamless access to Route 80, Route 46, and the Garden State Parkway. This versatile commercial property is perfect for investors or business owners looking for a well-maintained, high-traffic retail location in a growing area. Don't miss out on this rare opportunity to own a piece of Elmwood Park's thriving commercial landscape!
Amenities
This listing is a courtesy of Serhant New Jersey LLC
(646) 480-7665 office, listing agent Michael Todaro
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Elmwood Park, NJ Real Estate Market
The story of the formation of Elmwood Park goes back to the year 1916 when the residents of Dundee Lake voted for the separation of the borough of East Paterson from the Saddle River Township. After a few decades, in 1973, the town was renamed, Elmwood Park.
While most of the town remains closed on Sundays due to strict blue laws, Elmwood Park has several places of interest, making it one of the liveliest boroughs to live. While the Van Houten-Hillman House is one of the most historical places in the town, The House of Loud is a recording studio graced by hardcore bands of the country in the past.
In addition to these buildings, Elmwood Park also has Artesian Field County Park, which includes athletic fields, a walking path, a lake beach and a small zoo. Another place of interest is a bowling alley called Parkway Lanes, located between Garden State Parkway and Route 46. You can find a suitable home meeting your preferences by contacting New Jersey real estate agents for this place.
| Population: | 19,403 |
| Total Housing Units: | 7,385 |
| Single Family Homes: | 4,772 |
| General Tax Rate (2023): | 2.991% |
| Effective Tax Rate (2023): | 2.229% |
| Compare To Other Towns |
Elmwood Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $574,868 |
| Homes Sold* (12mo): | 93 |
SINGLE FAMILY HOME SALES
Elmwood Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.991% |
| Effective Tax Rate (2023): | 2.229% |
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: 11/19/2024 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
