Commercial space For Sale in River Vale, NJ
MLS# : 24000902
Street : 640 Westwood Avenue
Price : $650,000
Town : River Vale, NJ 07675
Annual Taxes : $0
General Tax Rate (2021) : 2.583%
PROPERTY DETAILS
Use : Retail
Type : Strip Mall
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Heat/Cool : Gas
Waterfront : None
PROPERTY DESCRIPTION
TURNKEY Restaurant with Liquor License and Bar! 104 Person Capacity A-2 Use in the beautiful town of River Vale among many other local eateries. The Business Owner is Selling the Business Only, Premises are for Lease (Currently $6800 per month - Rent Schedule at 3.5% Increases Can Be Provided) Inside a Strip Mall (NonCompete Applies). Landlord has agreed to 10 years at 3.5% Increase. Plenty of Parking in Lot.
Amenities
This listing is a courtesy of Kazmir Group, LLC
(201) 981-9234 office, listing agent Anna Maroules
About River Vale, NJ Real Estate Market
A small township located in Bergen County in New Jersey, River Vale is located in the Pascack Valley in the easternmost part of the county. Around 10,000 people live in this township, which covers an area of 4.31 square miles. The township shares its borders with boroughs like Montvale, Park Ridge, Hillsdale, Woodcliff Lake, Emerson, Westwood, Old Tappan, Harrington Park and Pearl River.
The journey of River Vale as a modern township began in 1906 when some portions of Hillsdale Township and Washington Township got included in its formation. In 1959, additional portions from Montvale got added to the township. The town seeks inspiration for its naming from the Hackensack River, which flows on the outskirts of the township. River Vale holds the record of the lowest ever temperature recorded in the history of New Jersey, which fell to -34 degrees Celcius.
While the northern part of River Vale has sloping hills, the eastern part has Lake Tappan. The western and southern areas of the township include sections of land defined by a creek and Cedar Lane. Most of these lands developed as residential areas of New Jersey real estate for suburban single families in recent years. Other unpopulated parts of the township are covered by woods, which also include the Pascack Brook County Park.
The journey of River Vale as a modern township began in 1906 when some portions of Hillsdale Township and Washington Township got included in its formation. In 1959, additional portions from Montvale got added to the township. The town seeks inspiration for its naming from the Hackensack River, which flows on the outskirts of the township. River Vale holds the record of the lowest ever temperature recorded in the history of New Jersey, which fell to -34 degrees Celcius.
While the northern part of River Vale has sloping hills, the eastern part has Lake Tappan. The western and southern areas of the township include sections of land defined by a creek and Cedar Lane. Most of these lands developed as residential areas of New Jersey real estate for suburban single families in recent years. Other unpopulated parts of the township are covered by woods, which also include the Pascack Brook County Park.
| Population: | 9,659 |
| Total Housing Units: | 3,521 |
| Single Family Homes: | 3,290 |
| General Tax Rate (2021): | 2.583% |
| Effective Tax Rate (2021): | 2.496% |
| Compare To Other Towns |
River Vale Market Indicators
PRICE INDEX
| Average Price* (12mo): | $822,969 |
| Homes Sold* (12mo): | 87 |
PRICE INDEX
SINGLE FAMILY HOME SALES
River Vale, NJ
SINGLE FAMILY HOME SALES
River Vale, NJ
12 Month Moving Average
1 YR
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5 YR
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MAX
REAL ESTATE TAXES
| General Tax Rate (2021): | 2.583% |
| Effective Tax Rate (2021): | 2.496% |
GENRAL TAX RATE - River Vale, NJ
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MADISON ADAMSTM
office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
