Bogota, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bogota, New Jersey Market population: 8K. Compare commercial properties across all major asset classes...
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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 Bogota NJ Properties: 4.2300%
⭐ 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 Bogota NJ
Common questions from investors exploring commercial real estate in Bogota NJ.
What's the overall investment potential of Bogota, NJ, considering its demographics and economy?
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Bogota, NJ, with a population of 8,231 and a median age of 38.7, presents a stable investment market, given its median household income of $77,821 and a relatively low poverty rate of 6.9%, which is further bolstered by an 88.6% health insurance coverage rate, indicating a reliable and employed population.
How does the ethnic diversity and industry mix in Bogota impact real estate demand?
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The city's diverse ethnic makeup, with top ethnicities including White (33.3%), Hispanic (25.1%), and White Non-Hispanic (19.8%), alongside its thriving industries such as Transportation & Warehousing, Manufacturing, and Public Administration, suggests a robust demand for housing, driven by a workforce that values the area's commute options, including a 32.8-minute average commute time and prevalent use of public transit.
What are the implications of Bogota's commute times and health insurance rates for real estate investors?
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The 32.8-minute average commute time, combined with the high usage of public transit, indicates well-developed infrastructure that supports renters' mobility, while the 88.6% health insurance coverage rate suggests a stable and secure tenant base, making the area attractive for investors looking for low-risk rental income opportunities.
How does the poverty rate and income inequality in Bogota affect the quality of tenants and property values?
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Bogota's low poverty rate of 6.9% and a GINI coefficient of 0.393, which indicates moderate income inequality, suggest a market with working-class stability, where tenants are likely to be employed and capable of paying rent, thereby supporting property values and reducing investor risk, especially considering the median property value of $338,200 and a homeownership rate of 68.9%.
What role does the foreign-born population and top industries play in shaping Bogota's real estate market?
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The significant foreign-born rate of 34.6% contributes to the area's cultural diversity and potentially influences housing preferences, while the dominance of industries like Transportation & Warehousing and Manufacturing underscores the local economy's strength, likely driving demand for both residential and commercial properties, and thus presenting opportunities for investors to capitalize on a diverse and growing market.
Bogota NJ Real Estate & City Facts
Key facts and real estate information about Bogota NJ.
What are some of the best neighborhoods to live in Bogota?
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Some of the best neighborhoods to live in Bogota, NJ, are in the northwest parts of the city. The city has a peaceful and friendly neighborhood, known for its cleanliness and convenience. However, it's recommended to look throughout the area with a good Realtor, as each area has its good and bad aspects.
What are some fun things to do in Bogota?
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There are several fun things to do in Bogota, NJ. You can visit The 101 Pub, The Cozy Tavern, Oscar E Olsen Park, Skate Park las margaritas, and other attractions. Additionally, you can explore nearby cities like Teaneck, Edgewater, and Fort Lee, and visit places like Overpeck Park and K Town in Palisades Park.
What is the food scene like in Bogota?
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The food scene in Bogota, NJ, is diverse and exciting. You can find restaurants like Sauced Up, Llama Sam, Bistro Taino, Katsu Plate, La Tequilera, I Gemelli Ristorante, and One Lev, which offers kosher street food. There are also plenty of great food trucks and cafes in the area, serving a variety of cuisines, including Mediterranean and Israeli street food.
What are the pros and cons of living in Bogota?
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The pros of living in Bogota, NJ, include its peaceful and friendly neighborhood, cleanliness, and convenience. The city also has a diverse food scene and several fun attractions. However, the cons include the fact that each area has its good and bad aspects, and it's recommended to explore the area with a good Realtor. Additionally, the city may have some traffic and parking issues, like many other cities in New Jersey.
Is Bogota a good place to live?
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Overall, Bogota, NJ, is a good place to live, offering a peaceful and friendly neighborhood, a diverse food scene, and several fun attractions. While it has its pros and cons, the city's advantages make it an attractive option for those looking to live in a convenient and clean area with a strong sense of community. However, it's essential to weigh the pros and cons and explore the area thoroughly before making a decision.
⭐ 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 Bogota NJ Commercial Property: $77,821
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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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