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37 Riveredge Rd 5,018 SF Retail Building Tenafly, NJ 07670 $1,695,000 ($337.78/SF)
Investment Highlights
- Building in Great Condition
- Visible Signalized Corner
- 15 On Site Parking Spaces
- User/Buyer Opportunity
Executive Summary
An Ideal User/Buyer Opportunity
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$29,355
|
$5.85
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$29,355
|
$5.85
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $29,355 |
| Annual Per SF | $5.85 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $29,355 |
| Annual Per SF | $5.85 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,018 SF
Building Class
B
Year Built/Renovated
1958/2004
Price
$1,695,000
Price Per SF
$337.78
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.21 AC
Zoning
B-1, Tenafly Boro. - Retail Office Studio Restaurant
Parking
15 Spaces (2.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Very Walkable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | 61-01003-0000-00006 | Total Assessment | $1,000,000 |
| Land Assessment | $536,600 | Annual Taxes | $29,355 ($5.85/SF) |
| Improvements Assessment | $463,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
61-01003-0000-00006
Land Assessment
$536,600
Improvements Assessment
$463,400
Total Assessment
$1,000,000
Annual Taxes
$29,355 ($5.85/SF)
Tax Year
2025
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Presented by
37 Riveredge Rd
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