517 River DrGarfield, NJ 07026

Property Details for 517 River Dr

Construction

CONCRETE BLOCKS

Lot size

1.26 AC

Property type

Commercial real estate

APN

21 00080-0000-00016

APU

2100080000000016

Description

This exceptional 8.5 million dollar property, located at 517 River Drive in Garfield, New Jersey, presents a unique development opportunity. The property's significant size and prime riverfront location offer substantial potential for a variety of commercial ventures. While the exact square footage is not currently specified, the substantial acreage provides ample space for large-scale projects. The "Other" property type designation suggests flexibility in potential uses, subject to local zoning regulations. This presents a blank canvas for creative development, allowing for the realization of ambitious commercial plans. The property's riverfront position offers unparalleled views and access, potentially enhancing the appeal and value of any future development. Serious inquiries are encouraged to explore the possibilities and conduct due diligence regarding zoning and permitted uses. Given the high price point and unique characteristics, this property is ideal for developers seeking a high-impact project with significant long-term potential. The absence of specified square footage underscores the need for thorough on-site assessment and planning. Interested parties should be prepared to conduct comprehensive due diligence to fully understand the development potential and associated costs. This is a rare opportunity to acquire a substantial riverfront property in a desirable New Jersey location.

• Alternative Use

  Use

  Valuation

  Residential

  $10,378,251

  Hospitality

  $9,506,423

  Educational

  $7,909,232

  Medical

  $8,181,242

  Retail

  $12,303,250

Location Insight

City

Garfield

County

Bergen

State

New Jersey

Latitude

40.8756

Longitude

-74.115

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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