Commercial space For Sale in West New York, NJ
MLS# : 240014644
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime Commercial Space for Sale in Tower West. This commercial property comprises two combined units boasting 2,770 SqFt (LA & LB) that can be easily separated, providing flexibility for a variety of business uses. Located in the prestigious Tower West, this space benefits from the building's modern amenities and high-end finishes. Enjoy a high volume of foot traffic with an average of 1,500 pedestrians passing by daily, ensuring excellent visibility and accessibility for your business. The surrounding area boasts a dense population, with approximately 20,000 residents within a 1-mile radius, providing a substantial customer base. This is a rare opportunity to own a versatile commercial space in one of West New York's most desirable locations. With a competitive asking price and significant potential for return on investment, this property is perfect for both new and established businesses. Be sure to ask about the variety of business uses.
Amenities
This listing is a courtesy of THE CHEN AGENCY
201-330-9888 office, listing agent WAYNE BONSELL
About West New York, NJ Real Estate Market
The formation of West New York as a town happened by an act of the New Jersey Legislature in 1898 when it replaced Union Township based on the results of a referendum. Thanks to the massive development in the town due to emerging textile industries, West New York became one of the most desirable places in New Jersey. This development also led to the establishment of high-rise apartments along Boulevard East and then in other parts of the town, which still are an integral part of Hudson County real estate.
Located in the heart of the North Hudson, West New York belongs to the New York metropolitan area and shares its border with North Bergen, Guttenberg, Union City, Weehawken and New York City boroughs. Bergenline Avenue in West New York is one of the busiest commercial places in the town.
| Population: | 62,566 |
| Total Housing Units: | 23,316 |
| Single Family Homes: | 5,329 |
| Apartments: | 17,987 |
| General Tax Rate (2023): | 7.934% |
| Effective Tax Rate (2023): | 1.810% |
| Compare To Other Towns |
West New York Market Indicators
PRICE INDEX
| Average Price* (12mo): | $700,082 |
| Homes Sold* (12mo): | 5 |
SINGLE FAMILY HOME SALES
West New York, NJ
PRICE INDEX
| Average Price* (12mo): | $535,249 |
| Apatments Sold* (12mo): | 130 |
APARTMENT SALES
West New York, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 7.934% |
| Effective Tax Rate (2023): | 1.810% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
