Commercial space For Sale in Hillsdale, NJ
MLS# : 24031317
PROPERTY DETAILS
PROPERTY DESCRIPTION
This beautifully maintained 6,724 SF single story commercial building is available for sale. Excellent value add investment for owner user with tenant leasing 60% of building for $180,000 yr with newly signed 5 year lease. The remaining 2,600 SF is in excellent condition and ready for owner/user or a new tenant. This attractive building is constructed of steel which allows for additional floors. The property offers high visibility and is located directly on a county road with a daily traffic count of approx. 10,000 VPD. The .7 acre property is located 2 blocks from the bus and train station as well as all downtown amenities, the site includes a partial basement and 46 parking spaces. Ideal location for medical, dental, eyecare, attorney, mortgage/title companies, financial services, retail.
Amenities
This listing is a courtesy of Berkshire Hathaway Home Services Abbott Realtors
(201) 891-2223 office, listing agent Brian Lacey
About Hillsdale, NJ Real Estate Market
Till the mid-19th century, Hillsdale was not as densely populated as you see it today. A team of land speculators led by David P. Patterson created various subdivisions, which led to the foundation of real estate in the borough. Thanks to the establishment of Hackensack and the New York Railroad, the development of Hillsdale picked up some pace.
In 1898, Hillsdale was eventually formed by the portions of Washington Township. In 1923, under the act of the New Jersey Legislature, Hillsdale was established as a borough based on the results of a referendum. The name of the borough seeks inspiration from its location, which means ‘dale among the hills.
Surrounded by other boroughs like Park Ridge, Saddle River, Ho-Ho-Kus, River Vale, Westwood, Washington Township and Woodcliff Lake, Hillsdale also has a small portion of Woodcliff Lake Reservoir. There are a few small houses for sale in this New Jersey borough which are fit as secondary or retirement homes.
| Population: | 4,998 |
| Total Housing Units: | 3,567 |
| Single Family Homes: | 3,291 |
| General Tax Rate (2023): | 3.082% |
| Effective Tax Rate (2023): | 2.341% |
| Compare To Other Towns |
Hillsdale Market Indicators
PRICE INDEX
| Average Price* (12mo): | $761,086 |
| Homes Sold* (12mo): | 82 |
SINGLE FAMILY HOME SALES
Hillsdale, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.082% |
| Effective Tax Rate (2023): | 2.341% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
