Tenafly, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Tenafly, New Jersey Market population: 15K. 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 Tenafly NJ Properties: 49.0000%
⭐ 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 Tenafly NJ
Common questions from investors exploring commercial real estate in Tenafly NJ.
What is the overall investment potential of Tenafly, NJ?
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The combination of a high median household income of $123,966, low poverty rate of 4.1%, and high health insurance coverage of 93.9% 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 Tenafly impact the local real estate market?
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The diverse population of Tenafly, with top ethnicities including White, White Non-Hispanic, and Asian, combined with a foreign born rate of 34.1%, indicates a culturally rich and potentially resilient market, with a range of industries including Information, Manufacturing, and Finance & Insurance driving local economic growth.
What are the key factors influencing the quality of life for residents and tenants in Tenafly?
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The average commute time of 39.1 minutes, with a majority of residents driving alone or working from home, and a high health insurance coverage rate of 93.9%, suggests a relatively high quality of life, which can contribute to a stable and attractive rental market, with tenants willing to pay a premium for convenient and comfortable living arrangements.
How does the local economy and employment market impact the real estate investment potential of Tenafly?
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The strong employment market in Tenafly, with a high median household income and low poverty rate, combined with a diverse range of top industries, including Information and Finance & Insurance, suggests a robust and stable local economy, which can support long-term real estate investment growth and rental income stability.
What are the implications of the housing market characteristics of Tenafly for real estate investors?
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The high median property value of $728,500 and median property taxes of $3,582, combined with a high homeownership rate of 75.7%, suggest a relatively mature and stable housing market, with potential opportunities for investors to capitalize on property appreciation and rental yields, particularly in a market with strong demand driven by the local economy and demographic diversity.
Tenafly NJ Real Estate & City Facts
Key facts and real estate information about Tenafly NJ.
What are some of the best neighborhoods to live in Tenafly?
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Some of the best neighborhoods to live in Tenafly include East Hill/Smith, which is known for its peaceful atmosphere and friendly community. Other desirable neighborhoods in Tenafly include those with easy access to the city's many parks and green spaces, such as the Tenafly Nature Center.
What are some fun things to do in Tenafly?
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There are plenty of fun things to do in Tenafly, including visiting the Tenafly Nature Center, exploring the many parks and green spaces, and checking out the local attractions like the African Art Museum of the Society of African Missions. You can also catch a show at the Bergen Performing Arts Center or take a stroll along the Hudson River waterfront.
What is the food scene like in Tenafly?
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The food scene in Tenafly is vibrant and diverse, with a range of restaurants serving everything from hip new cuisine to traditional Greek and Italian dishes. Some popular spots include ROSTO, a wood-fired rotisserie restaurant, and The 130 Club, which offers a unique underground dining experience. There are also plenty of great food trucks and casual eateries to grab a bite on the go.
What are the pros and cons of living in Tenafly?
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The pros of living in Tenafly include its beautiful parks and green spaces, excellent schools, and convenient commute to New York City. However, some cons include the high cost of living, traffic, and limited nightlife options. Overall, Tenafly is a great choice for families and those looking for a more suburban lifestyle, but may not be the best fit for young professionals or those seeking a more urban experience.
Is Tenafly a good place to live?
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Tenafly is a great place to live for those who value a suburban lifestyle with easy access to New York City. The town offers a range of amenities, including excellent schools, beautiful parks, and a vibrant food scene. While it may not be the best fit for everyone, Tenafly is a wonderful choice for families and those seeking a more relaxed pace of life. As with any town, there are pros and cons to consider, but overall, Tenafly is a desirable and charming place to call home.
⭐ 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 Tenafly NJ Commercial Property: $123,966
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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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