Oradell, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Oradell, New Jersey Market population: 8K. 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 Oradell NJ Properties: 2.6700%
⭐ 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 Oradell NJ
Common questions from investors exploring commercial real estate in Oradell NJ.
What is the overall investment potential of Oradell, NJ?
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The combination of a high median household income of $149,871, low poverty rate of 2.4%, and excellent health insurance coverage of 97.9% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the demographic diversity of Oradell impact the local real estate market?
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The top ethnicities in Oradell, including White, White Non-Hispanic, and Asian, contribute to a diverse community, while the top industries such as Finance & Insurance and Manufacturing drive employment and economic growth, making it an appealing location for investors looking for a balanced market with a mix of cultures and industries.
What are the key factors influencing the quality of life in Oradell and how do they impact real estate investment?
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The average commute time of 30.6 minutes, combined with a high rate of health insurance coverage and a strong workforce with a median age of 43.8, indicates a high quality of life, which can lead to increased demand for housing and a more stable rental market, making it an attractive option for investors seeking long-term returns.
How does the local economy and employment landscape affect the real estate market in Oradell?
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The employed population of 4,006 and top industries like Finance & Insurance and Manufacturing contribute to a strong local economy, while the GINI coefficient of 0.428 and low poverty rate of 2.4% suggest a relatively equitable distribution of income, which can lead to a more stable and predictable real estate market with opportunities for growth and development.
What are the implications of the housing market characteristics in Oradell for real estate investors?
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The high median property value of $567,700, combined with a high homeownership rate of 89.5% and relatively low poverty rate, suggests a market with strong potential for property appreciation and rental yields, while the median property taxes of $2,422 and average commute time of 30.6 minutes indicate a need for careful consideration of operating costs and location-based amenities in investment decisions.
Oradell NJ Real Estate & City Facts
Key facts and real estate information about Oradell NJ.
What are some of the best neighborhoods to live in Oradell?
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Some of the best neighborhoods to live in Oradell include the north parts of the city, which tend to be more desired, and the southeast regions, which offer more affordable homes. According to NJLux Real Estate, Oradell is a family-friendly neighborhood with top-notch schools, making it a perfect place to raise young children. Neighborhoods like River Edge and Ridgewood are also nice and have good public schools.
What are some fun things to do in Oradell?
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There are plenty of fun things to do in Oradell, including visiting the Hiram Blauvelt Art Museum, catching a show at The Little Firehouse Theatre, and exploring the Bergen County Players, Inc. You can also check out the Oradell Reservoir, Wild Duck Pond, and the Joseph Clark Rail Trail South of Sparkill. For outdoor activities, head to the Downtown Piermont or the 9W Market.
What is the food scene like in Oradell?
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The food scene in Oradell is vibrant, with a variety of restaurants to choose from. Some popular spots include Cafe The Ridge, The Local River Dell, Casual Habana Cafe, and A Taste of Greece. You can also try ORA FreeStyle Italian, which offers a unique Italian dining experience. Additionally, there are plenty of great food trucks and hidden gem restaurants in the area, such as The Oak House Restaurant.
What are the pros and cons of living in Oradell?
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The pros of living in Oradell include its family-friendly atmosphere, top-notch schools, and low crime rate. However, some cons include the high cost of living, with median property values over $567,700 and median property taxes over $2,422. Additionally, the city can be quite crowded, especially during peak hours. Despite these challenges, many residents love Oradell for its clean, tree-lined streets and welcoming community.
Is Oradell a good place to live?
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Overall, Oradell is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, low crime rate, and vibrant food scene, it's an attractive option for families and young professionals alike. While it may have its drawbacks, such as high costs and crowds, the benefits of living in Oradell far outweigh the challenges. As NJ Family magazine once ranked it the #1 town for families, Oradell is definitely worth considering for those looking for a peaceful and welcoming community.
⭐ 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 Oradell NJ Commercial Property: $149,871
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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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