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Totowa 07512
397 Riverview Drive
Listed by: Nancy Scancarella, [email protected], Berkshire Hathaway Home Services Van Der Wende Properties, (973) 785-8420, Listing Courtesy of NJMLS
$690,000
● House - Off Market

397 Riverview Drive

Totowa, NJ 07512
bedrooms
4 Beds
bathrooms
3 Baths
$4,272
Est. Monthly
5.25%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$883
HOA Dues
-
Year Built
2003

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NJMLS #24026940)

Price History

Date / Event Date Event Price
Nov 11, 2024 Sold
Premium
Sold
Sep 30, 2024 In contract -
In contract
Aug 20, 2024 Listed by Berkshire Hathaway Home Services Van Der Wende Properties $729,000
Listed by Berkshire Hathaway Home Services Van Der Wende Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,678
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Passaic Valley Regional School District
  • Census Tract: 223802

Geography

  • Account Number: 00002357
  • District: 12
  • Parcel: 12 00133-0000-00006
  • Block: 133
  • Lot: 6
  • Municipality: TOTOWA BORO
  • Latitude: 40.8965
  • Longitude: -74.214

    Address

  • Full Address: 397 Riverview Dr
  • Address - House Number: 397
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Totowa
  • Carrier Code: C004
  • 4-Digit Zip Code: 2318
  • Zip Code: 07512

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,000,068

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 77
  • Final Value: 576,160
  • High Value: 676,226
  • Low Value: 476,094

    Market Valuation

  • Market Total Value: $410,200
  • Market Land Value: $186,800
  • Market Improvement Value: $223,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $410,200
  • Assessed Land Value: $186,800
  • Assessed Improvements Value: $223,400

    Sales

  • Current Sale Contract Date: Oct 31, 2003
  • Current Sale Recording Date: Nov 13, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Totowa

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$379

Below Asking

0.03%

Average Days on Market

59

Average Home Size

992 ft²

Average Home Age

-

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 57 Haverhill, Little Falls, NJ, 07424

$3,950 /mo

  • 4 Beds
  • 2 Baths
57 Haverhill, Little Falls, NJ, 07424

Rentals Near You

Click here to view more rentals in the neighborhood.
New Jersey Multiple Listing Service,Inc

Listed by: Nancy Scancarella
Berkshire Hathaway Home Services Van Der Wende Properties
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24026940
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 397 Riverview Drive built and last sold?
The property at 397 Riverview Drive was built in 2003 and last sold on Oct 31, 2003 for $180,000.
How much is this home worth?
The estimated value of the home located at 397 Riverview Drive is $696,900.
What are some comparable homes to 397 Riverview Drive?
There are currently no comparable homes to 397 Riverview Drive.
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