River Edge, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in River Edge, New Jersey Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For River Edge NJ Properties: 4.3450%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For River Edge NJ
Common questions from investors exploring commercial real estate in River Edge NJ.
What makes River Edge, NJ an attractive market for real estate investment?
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The combination of a high median household income of $99,556, a low poverty rate of 3.4%, and a strong health insurance coverage rate of 94.8% suggests a stable and secure market for investors. Additionally, the diverse population with top ethnicities including White, White Non-Hispanic, and Asian, and a range of top industries such as Finance & Insurance and Construction, indicates a robust demand for housing. The average commute time of 33.2 minutes and top commute methods including Drove Alone, Worked At Home, and Public Transit also suggest a convenient and accessible location.
How does the local economy impact the real estate market in River Edge, NJ?
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The local economy in River Edge, NJ is driven by top industries such as Finance & Insurance, Wholesale Trade, and Construction, which provides a strong foundation for employment and income stability. With a median household income of $99,556 and an employed population of 5,548, the market is well-positioned to support housing demand. Furthermore, the GINI coefficient of 0.373 indicates a relatively low level of income inequality, and the high health insurance coverage rate of 94.8% suggests a stable and secure population.
What are the key factors to consider when evaluating the quality of life in River Edge, NJ for real estate investment?
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The quality of life in River Edge, NJ is influenced by factors such as the average commute time of 33.2 minutes, which is relatively convenient, and the top commute methods including Drove Alone, Worked At Home, and Public Transit, which suggest a range of transportation options. Additionally, the high health insurance coverage rate of 94.8% and the low poverty rate of 3.4% indicate a stable and secure population, while the median property value of $455,800 and median property taxes of $3,036 provide insight into the local housing market.
How does the demographic diversity of River Edge, NJ impact the real estate market?
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The demographic diversity of River Edge, NJ, with top ethnicities including White, White Non-Hispanic, and Asian, suggests a robust and dynamic market with a range of housing demands. The median age of 42.8 and the relatively low poverty rate of 3.4% also indicate a stable and secure population, while the foreign born rate and top industries such as Finance & Insurance and Construction provide insight into the local economy and housing market. The high homeownership rate of 75.6% also suggests a strong demand for housing.
What are the implications of the housing market trends in River Edge, NJ for real estate investors?
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The housing market trends in River Edge, NJ, including a median property value of $455,800 and median property taxes of $3,036, suggest a relatively stable and secure market for investors. The high homeownership rate of 75.6% and the low poverty rate of 3.4% also indicate a strong demand for housing, while the average commute time of 33.2 minutes and top commute methods including Drove Alone, Worked At Home, and Public Transit provide insight into the local quality of life. Additionally, the diverse population and range of top industries suggest a robust and dynamic market with a range of housing demands.
River Edge NJ Real Estate & City Facts
Key facts and real estate information about River Edge NJ.
What are some of the best neighborhoods to live in River Edge?
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Some of the best neighborhoods to live in River Edge include South River Edge, which is known for its peaceful and well-maintained environment, and the west parts of the city, which tend to be more desirable and have higher median house prices. Other neighborhoods, such as those in the southeast regions, offer more affordable housing options.
What are some fun things to do in River Edge?
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There are plenty of fun things to do in River Edge, including visiting the Historic New Bridge Landing, exploring the River Edge Cultural Center, and enjoying the outdoors at Veteran's Memorial Park. You can also take a mobile history walking tour or a hard-copy walking tour to learn more about the city's history and attractions.
What is the food scene like in River Edge?
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The food scene in River Edge is diverse and offers a range of options, from fine Mediterranean cuisine to casual Italian restaurants like Sanducci's Trattoria. You can also find great places to eat, such as A Taste of Greece, Mado Restaurant, and Sushi Story. There are also plenty of great food trucks and other dining options available in the city.
What are the pros and cons of living in River Edge?
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The pros of living in River Edge include its top-rated schools, family-oriented vibe, and proximity to New York City. However, some cons include the high cost of living, with median house prices being relatively expensive, and the potential for traffic and congestion in certain areas. Overall, River Edge is a great place to live for those who value a strong sense of community and convenient access to city amenities.
Is River Edge a good place to live?
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Yes, River Edge is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its highly rated schools, diverse food scene, and plenty of things to do, River Edge is an attractive option for families, professionals, and anyone looking for a high quality of life. While it may have some drawbacks, such as high costs and traffic, the city's many advantages make it a great choice for those who want to experience the best of New Jersey.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For River Edge NJ Commercial Property: $99,556
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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