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Elmwood Park, NJ
Elmwood Park, NJ

$5,495,000 USD

Portfolio For Sale  •  14,918 SF

3 Properties View all

Property Details

  • Property Type Unknown
60 Transit Score
70 Walk Score

Highlights

Cash-flowing retail/residential portfolio with stable income and significant upside through leasing, rate escalation, and long-term redevelopment.
Includes a leased retail storefront with an upper-level residential unit, a rented single-family home, a vacant restaurant, and on-site parking.
Vacant, ground-floor restaurant space with a liquor license provides an immediate opportunity for leasing or occupancy by a new owner.
Existing rents sit well below the greater market average, supporting future revenue gains through renewals and rate adjustments.
Premier corner location is directly neighbored by a new ShopRite, with visibility to 26,000+ daily vehicles and easy access to Highway 208/4.
Perfect for multifamily redevelopment, with competitive submarket vacancies, strong YOY rent growth, and proximity to key job centers and transit.

Public Transportation

Commuter RailDriveWalkDistance
Broadway (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 6 min 0.3 mi
Radburn (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.1 mi
Transit/SubwayDriveWalkDistance
Broadway (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 5 min 0.3 mi
AirportDriveWalkDistance
Newark Liberty International 28 min - 19.7 mi
LaGuardia 37 min - 21.7 mi
Westchester County 56 min - 39.8 mi
Olga Humblias 551-302-3554 RE/MAX Properties Saddle River
Olga Humblias 551-302-3554 RE/MAX Properties Saddle River