5+ Mixed Use For Sale in River Vale, NJ
MLS# : 26012628
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime mixed-use investment opportunity in the heart of River Vale, offering exceptional visibility along highly trafficked Rivervale Road. This well-located property features a ground-floor retail space with strong street frontage and exposure, paired with a 2-bedroom, 1.5-bath residential unit aboveâ€â€creating a versatile income-producing asset ideal for both investors and owner-users. The retail component is well-suited for a variety of business uses, benefiting from consistent visibility and accessibility. The residential unit offers a functional layout with comfortable living space, providing stable supplemental income or the opportunity for owner occupancy. Currently undergoing renovation, this property presents a unique opportunity for buyers to acquire prior to completion and benefit from value appreciation. The seller is open to negotiations during the renovation phase, allowing flexibility for customization and investment strategy. Positioned in an affluent Bergen County community, this offering combines immediate income potential with long-term upside. Conveniently located near major roadways, shopping, and residential neighborhoods, enhancing both tenant demand and business exposure.
Amenities
This listing is a courtesy of Prominent Properties Sotheby's International Realty-Englewood Cliffs
201-585-8080 office, listing agent Yvonne Chung
About River Vale, NJ Real Estate Market
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 (2025): | 2.801% |
| Effective Tax Rate (2025): | 2.236% |
| Compare To Other Towns |
River Vale Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,037,470 |
| Homes Sold* (12mo): | 80 |
SINGLE FAMILY HOME SALES
River Vale, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 2.801% |
| Effective Tax Rate (2025): | 2.236% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
