Upper Saddle River, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Upper Saddle River, New Jersey Market population: 8K. Explore income-producing properties with verified cap...
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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 Upper Saddle River NJ Properties: 2.4700%
⭐ 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 Upper Saddle River NJ
Common questions from investors exploring commercial real estate in Upper Saddle River NJ.
What is the overall investment potential of Upper Saddle River, NJ, considering its demographics and economy?
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The combination of a high median household income of $176,801, low poverty rate of 2.7%, and diverse top industries such as Manufacturing, Finance & Insurance, and Information suggests a strong and stable investment market. Additionally, the high health insurance coverage rate of 96.8% and relatively low average commute time of 31.7 minutes indicate a high quality of life for residents, making it an attractive location for renters and buyers alike.
How does the ethnic diversity and foreign-born population impact the local real estate market in Upper Saddle River, NJ?
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The town's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Asian, and a foreign-born rate of 24.5% suggests a culturally rich and potentially dynamic market. This diversity, combined with the town's high median property value of $898,600 and strong employment population of 3,762, indicates a market with a high demand for housing and a potential for long-term appreciation.
What are the implications of the town's commute patterns and transportation options for real estate investors?
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The average commute time of 31.7 minutes, with top commute methods including driving alone, working from home, and using public transit, suggests a convenient and flexible transportation network. This, combined with the town's high health insurance coverage rate of 96.8% and low poverty rate of 2.7%, indicates a stable and attractive market for renters and buyers who value convenience and accessibility.
How does the local economy, including the top industries and income inequality, impact the real estate market in Upper Saddle River, NJ?
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The town's top industries, including Manufacturing, Finance & Insurance, and Information, suggest a diverse and potentially resilient economy. However, the GINI coefficient of 0.459 indicates some income inequality, which may impact the affordability and accessibility of housing for certain segments of the population. Nevertheless, the high median household income of $176,801 and low poverty rate of 2.7% suggest a strong and stable market with potential for long-term growth.
What are the key factors that contribute to the stability and attractiveness of the Upper Saddle River, NJ real estate market?
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The combination of a high homeownership rate of 89.3%, low poverty rate of 2.7%, and high health insurance coverage rate of 96.8% suggests a stable and attractive market. Additionally, the town's diverse economy, convenient transportation options, and high quality of life indicators, such as a low average commute time of 31.7 minutes, contribute to a market with strong potential for long-term appreciation and rental income.
Upper Saddle River NJ Real Estate & City Facts
Key facts and real estate information about Upper Saddle River NJ.
What are some of the best neighborhoods to live in Upper Saddle River?
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Some of the best neighborhoods to live in Upper Saddle River include the east parts of the city, which tend to be more desirable, and the central regions, which offer more affordable homes. According to Nextdoor, Upper Saddle River is a peaceful and beautiful neighborhood known for its clean, tree-lined streets and stunning houses. You can also check out neighborhoods like the ones mentioned in the Best Neighborhoods in Upper Saddle River, NJ by Home Value, or discover more about the area through the Upper Saddle River Neighborhood Guide by Michael Gabriel.
What are some fun things to do in Upper Saddle River?
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There are plenty of fun things to do in Upper Saddle River, including visiting the Hopper-Goetschius Museum, The Gravity Vault, and the Saddle River Reformed Church and Cemetery. You can also explore Lions Memorial Park, which combines natural beauty with recreational activities. If you're looking for more ideas, check out the Top Attractions in Saddle River & Upper Saddle River or the Fun things to do and points of interest in Bergen County NJ on Reddit.
What is the food scene like in Upper Saddle River?
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The food scene in Upper Saddle River is diverse and offers a range of options, from fine dining at restaurants like The Saddle River Inn and Varka Fishhouse, to casual eats at places like Two Spoons Cafe and Morning Dew Cafe. You can also find a list of the best restaurants in the area on Yelp or OpenTable, which includes spots like Rare Bird, Fire & Oak, and Bici Restaurant. There are also plenty of great food trucks and other dining options in the area.
What are the pros and cons of living in Upper Saddle River?
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The pros of living in Upper Saddle River include its peaceful and beautiful neighborhoods, top schools, and strong sense of community. However, the area can be expensive, and the cost of living may be a challenge for some. Additionally, the town may not have as many job opportunities as larger cities, which could be a con for some residents. On the other hand, the area's natural beauty, recreational activities, and convenient location make it an attractive option for those who value these aspects.
Is Upper Saddle River a good place to live?
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Overall, Upper Saddle River is a great place to live for those who value a peaceful and beautiful environment, top schools, and a strong sense of community. While it may be expensive, the area offers a high quality of life, with plenty of recreational activities, convenient location, and a range of dining options. According to the data, Upper Saddle River has a high median household income, low poverty rate, and high homeownership rate, which suggests that it is a desirable place to live. However, it's essential to weigh the pros and cons and consider individual priorities and preferences when deciding whether Upper Saddle River is the right fit.
⭐ 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 Upper Saddle River NJ Commercial Property: $176,801
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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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