Bergenfield, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bergenfield, New Jersey Market population: 27K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Bergenfield NJ Properties: 3.3600%
⭐ 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 Bergenfield NJ
Common questions from investors exploring commercial real estate in Bergenfield NJ.
What is the overall investment potential of Bergenfield, NJ, considering its demographic and economic factors?
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Bergenfield, NJ, with a median household income of $79,813, a relatively low poverty rate of 6.8%, and a high health insurance coverage rate of 90.6%, presents a stable investment market. The diverse population, including top ethnicities such as White, White Non-Hispanic, and Hispanic, and a significant foreign-born rate of 34.6%, suggests a culturally rich and potentially resilient community. The average commute time of 31 minutes, with a mix of drive-alone, public transit, and carpooling, indicates decent infrastructure for residents.
How does the local economy and industry diversity impact real estate investment in Bergenfield?
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The local economy in Bergenfield, driven by top industries such as Information, Construction, and Public Administration, offers a diversified base for employment and economic stability. With an employed population of 13,795 and a median property value of $348,600, the area seems to support a robust housing market. The presence of these industries, combined with a relatively low poverty rate and high health insurance coverage, suggests a stable tenant base for real estate investors.
What are the implications of Bergenfield's housing market characteristics for real estate investors?
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Bergenfield's housing market, characterized by a median property value of $348,600, median property taxes of $6,325, and a homeownership rate of 68.6%, indicates a relatively stable and potentially lucrative environment for real estate investment. The average rent of $1,433 and the renters' rate of 31.4% suggest opportunities for rental income. Considering the area's low poverty rate of 6.8% and high health insurance coverage of 90.6%, investors may find a reliable tenant base.
How does the quality of life in Bergenfield, including commute times and health insurance coverage, affect its attractiveness to investors?
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The quality of life in Bergenfield, marked by an average commute time of 31 minutes and a high health insurance coverage rate of 90.6%, contributes to its appeal as an investment location. These factors, along with the area's ethnic diversity and top industries, suggest a desirable place to live and work, potentially attracting and retaining residents and thus supporting the local real estate market. The combination of decent commute options and good health coverage indicates a stable and healthy community, which is beneficial for long-term investment.
What role does ethnic diversity and the foreign-born population play in the real estate investment potential of Bergenfield?
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The ethnic diversity in Bergenfield, with top ethnicities including White, White Non-Hispanic, and Hispanic, and a significant foreign-born rate of 34.6%, contributes to a vibrant and potentially growing community. This diversity, coupled with the area's economic indicators such as a median household income of $79,813 and a low poverty rate of 6.8%, suggests a dynamic market with opportunities for real estate investment. The diversity and foreign-born population can lead to a more resilient and adaptable community, which is an attractive feature for investors looking for stable long-term investments.
Bergenfield NJ Real Estate & City Facts
Key facts and real estate information about Bergenfield NJ.
What are some of the best neighborhoods to live in Bergenfield?
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Some of the best neighborhoods to live in Bergenfield, NJ are in the southwest parts of the city. The area has a mix of affordable and more expensive homes, with the more desired areas tend to be in the southwest parts of the city, while more affordable homes are in the southeast regions. Neighborhoods like Hackensack and areas around Kosher and Asian grocery stores are also popular.
What are some fun things to do in Bergenfield?
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There are plenty of fun things to do in Bergenfield, NJ. You can visit the Bergenfield Museum, George Hendrickson Park, South Presbyterian Church, and Hickory Street. There are also plenty of great restaurants and bars, like The Cuban Around The Corner, Thai Chef Jr, and The 130 Club. For outdoor activities, you can check out Davis Johnson Park & Gardens, Cooper's Pond Park, and Jack E Pooh's.
What is the food scene like in Bergenfield?
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The food scene in Bergenfield, NJ is diverse and exciting. There are many great restaurants, like River and Henley, The Cuban Around The Corner, Thai Chef Jr, and The 130 Club. You can also find plenty of food trucks and cafes serving a variety of cuisines, from American to Asian to Cuban. Some popular spots include The Oak House, Morton's The Steakhouse, and BentoMe.
What are the pros and cons of living in Bergenfield?
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The pros of living in Bergenfield, NJ include its diverse community, affordable housing options, and plenty of things to do and see. However, some cons include traffic and parking issues, and limited job opportunities in certain industries. Overall, Bergenfield is a great place to live for those who want a mix of urban and suburban living, with easy access to New York City.
Is Bergenfield a good place to live?
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Bergenfield, NJ is a great place to live for many people. It offers a unique blend of urban and suburban living, with a diverse community and plenty of things to do and see. While it may have some drawbacks, such as traffic and parking issues, the pros outweigh the cons for many residents. If you're looking for a place to call home with easy access to New York City, Bergenfield is definitely worth considering.
⭐ 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 Bergenfield NJ Commercial Property: $79,813
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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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