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445 Ramapo Valley Rd - Gateway @ Oakland

0.3 Acres of Commercial Land Offered at $1,499,777 in Oakland, NJ 07436

Investment Highlights

  • Heavy traffic location at mechanicalized light
  • 3 Retail and 3 apartments
  • Fully approved mixed use development

Executive Summary

Chopper Russo Team is pleased to present as the exclusive broker the "Gateway
@ Oakland," an exceptional mixed-use investment opportunity in Oakland, NJ:
This strategically positioned property, easily accessible just off the 287 highway
and located on Ramapo Valley Road with a remarkable daily traffic count of
16,000 vehicles, offers an unparalleled level of exposure and potential. With its
prime location in Oakland, boasting a median income of $152,283 and a
population of 12,669 residents, this versatile site is perfect for those seeking a
mixed-use investment. It features three spacious retail spaces on the ground
floor, perfectly positioned to tap into the robust local market, while the three
residential units on the upper level ensure steady rental income. Moreover, the
property's development potential and proximity to Oakland's scenic attractions
make it a standout opportunity for investors and entrepreneurs looking to thrive
in this thriving community. Don't miss out on this prime property; seize the
chance to own a piece of Oakland's promising real estate market today. FULLY
APPROVED

Property Facts Under Contract

Price $1,499,777
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Apartment Units
Total Lot Size 0.30 AC

1 Lot Available

Lot

Price $1,499,777
Price Per AC $4,949,645
Lot Size 0.30 AC

13,199sqft lot fully approved Mixed Use development opportunity on Historic RT 202 with 16K VPD traffic counts. Tremendous signage opportunity off I-287 Exit ramp. First location in Oakland off highway.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42-04508-0000-00002
Land Assessment
$459,600
Improvements Assessment
$0
Total Assessment
$459,600

zoning

Zoning Code B-2
B-2
  • Listing ID: 29869880

  • Date on Market: 10/24/2023

  • Last Updated:

  • Address: 445 Ramapo Valley Rd, Oakland, NJ 07436

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