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- LoopNet Team
101 Riverview Dr
Wayne, NJ 07470
$1 Auction – 3.15 AC | Industrial Zoning · Land For Sale
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3.15 AC
INVESTMENT HIGHLIGHTS
- Favorable Industrial Zoning with Permitted Uses including Self-Storage, Billboards, Professional Services, Hotel, Warehousing, and others
- ±1.3 Miles to Route 46 and I-80 | ±24 Miles to Newark Airport, GW Bridge, NYC
- Absolute $1 Auction - NO RESERVE
- Exceptional Visibility and Access to over 25,000 VPD along Riverview Drive
- Attractive Demographics with 5-Mile Population of ±333,836 and Annual Household Income of ±$113,501
PROPERTY FACTS
DESCRIPTION
Marcus & Millichap is pleased to present ±3.15 acres of land located at 101 Riverview Drive (the “Property”) in Wayne, New Jersey. The Property offers an exceptional investment opportunity, and first bid meets reserve! The Property benefits from frontage and visibility on Riverview Drive with traffic counts of 25,623 vehicles per day. The Property is zoned I, Industrial, which allows for many commercial uses including self-storage facilities, warehousing, professional services, hotel, billboards (subject to other requirements), and many others. Positioned in Passaic County, Wayne benefits from its proximity to major transportation routes like I-80 and Routes 23 and 46, facilitating convenient access to the broader New York metropolitan area. The local economy thrives with a strong focus on manufacturing, distribution, warehousing, and logistics. As of 2023, the Property’s demographics have ±333,836 individuals residing within a 5-mile radius, with an average household income of ±$113,501. The Property is located within a high growth area with population growth of 6.32% from 2010-2023 and an anticipated 3.31% growth expected from 2023-2028 within five miles of the Property.
