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820-822 River Rd
Edgewater, NJ 07020
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,900 SF
Building Class
C
Year Built
1989
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.50 AC
Zoning
B1
Parking
25 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
140’ on River Rd
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Storage Space
About 820-822 RIVER RD , EDGEWATER, NJ 07020
Property is .50 Acre, close to 140ft of frontage on a corner lot. Both Tenants have 4yr left on their leases with NO options. The property has a clean Phase 1 completed within last 18mo. Restaurant tenant: $7,417mo Mercedes tenant: $7,931mo 3% Annual increases through 2022 Gross: $184,164 Net: $154,920 3% Annual Increases ASK: $3,100,000 There is tremendous amount of development in this immediate area; Edgewater NJ is experiencing a huge growth in population with increased commuter options, new facilities, grocery stores, entertainment, etc. Please reach out for additional info: nathan@grouptwentysix.com
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,007,300 | |
| Land Assessment | $1,374,300 | Total Assessment | $2,381,600 |
Property Taxes
Parcel Numbers
Land Assessment
$1,374,300
Improvements Assessment
$1,007,300
Total Assessment
$2,381,600
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