Commercial space For Sale in West New York, NJ
MLS# : 250014769
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime Commercial Opportunity – Fully Renovated Property in West New York Don’t miss this opportunity to own a fully renovated commercial building in a highly desirable area of West New York, ideally located next to a municipal parking lot. This property features a newly constructed storefront (1,800 sq. ft.), rebuilt in 2020, offering two bathrooms, a kitchen, ample storage space, and a backyard with a concrete patio. The building also includes a brand-new roof and two new HVAC units for year-round comfort. An additional 1,000 sq. ft. of finished, air-conditioned basement space with 7-foot ceilings and a wide stairway provides even more room for your business or tenant needs. Currently generating income with a wellness center on the main floor ($6,500/month) and a massage school occupying the second floor ($4,000/month), this property is a turnkey investment. Opportunity awaits — call today to schedule a private tour!
Amenities
This listing is a courtesy of THE CHEN AGENCY
201-346-8888 office, listing agent C BRAVO VAZQUEZ
About West New York, NJ Real Estate Market
The formation of West New York as a town happened by an act of the New Jersey Legislature in 1898 when it replaced Union Township based on the results of a referendum. Thanks to the massive development in the town due to emerging textile industries, West New York became one of the most desirable places in New Jersey. This development also led to the establishment of high-rise apartments along Boulevard East and then in other parts of the town, which still are an integral part of Hudson County real estate.
Located in the heart of the North Hudson, West New York belongs to the New York metropolitan area and shares its border with North Bergen, Guttenberg, Union City, Weehawken and New York City boroughs. Bergenline Avenue in West New York is one of the busiest commercial places in the town.
| Population: | 62,566 |
| Total Housing Units: | 23,316 |
| Single Family Homes: | 5,329 |
| Apartments: | 17,987 |
| General Tax Rate (2023): | 7.934% |
| Effective Tax Rate (2023): | 1.810% |
| Compare To Other Towns |
West New York Market Indicators
PRICE INDEX
| Average Price* (12mo): | $650,694 |
| Homes Sold* (12mo): | 7 |
SINGLE FAMILY HOME SALES
West New York, NJ
PRICE INDEX
| Average Price* (12mo): | $527,534 |
| Apatments Sold* (12mo): | 127 |
APARTMENT SALES
West New York, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 7.934% |
| Effective Tax Rate (2023): | 1.810% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
