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90-96 Hamburg Tpke 10,000 SF 100% Leased Retail Building Riverdale, NJ 07457 $5,800,000 ($580/SF)
EXECUTIVE SUMMARY
Income property, Retail, Apartments, Billboards and Land.
Total of three separate parcels 3.1 +/- acres at the Exit and Entrance
Of Route 287. Over 700 +/- Foot Frontage extending down past the
Traffic Light on the corner of Newark Pompton Turnpike.
There are a total of Two Commercial Free Standing buildings with a total
Of 9 apartments above. In addition there are Eight revenue generating
Billboards contributing to the strong cash flow.
Additional property included for Possible Development / Cell Tower / Bill Board Serving Rt 287 Etc.
Total of three separate parcels 3.1 +/- acres at the Exit and Entrance
Of Route 287. Over 700 +/- Foot Frontage extending down past the
Traffic Light on the corner of Newark Pompton Turnpike.
There are a total of Two Commercial Free Standing buildings with a total
Of 9 apartments above. In addition there are Eight revenue generating
Billboards contributing to the strong cash flow.
Additional property included for Possible Development / Cell Tower / Bill Board Serving Rt 287 Etc.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
C
Year Built
1960
Price
$5,800,000
Price Per SF
$580
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.08
Lot Size
3.04 AC
Zoning
I-3
Parking
25 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
700’ on Paterson Hamburg Tpke
AMENITIES
- Freeway Visibility
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $876,800 | |
| Land Assessment | $756,500 | Total Assessment | $1,633,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$756,500
Improvements Assessment
$876,800
Total Assessment
$1,633,300
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90-96 Hamburg Tpke
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