$700,000
↑ $65K (22.8%)
●
Land -
For Sale
860 Rivervale
River Vale, NJ 07675
Studio
0 Bath
$4,346
Est. Monthly
About This Property
Opportunity knocks, build your dream house and enjoy this top River
Vale neighborhood - the 500' driveway takes you to privacy of 1+
acres in great setting.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$909
HOA Dues
-
Year Built
1944
Listed By
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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: 16 days ago (NJMLS #25036888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2026 | Price Increased |
$350,000
↑ $65K
(22.8%) | |
| Price Increased | |||
| Oct 17, 2025 | Listed by Keller Williams Valley Realty | $285,000 | |
| Listed by Keller Williams Valley Realty | |||
  | |||
|
Opportunity knocks, build your dream house and enjoy this top River Vale neighborhood. A lender may require flood insurance.
| |||
| Apr 28, 2025 | Relisted | $700,000 | |
| Relisted | |||
| Apr 20, 2025 | No longer available | - | |
| No longer available | |||
| Oct 12, 2024 | Listed | $700,000 | |
| Listed | |||
| | |||
|
Builders & Buyers! Great location to build a new home in River Vale on a serene & private lot. This nearly 2-acre property located at 860 Rivervale Road in River Vale offers a rare opportunity to build your dream home in a truly tranquil setting surrounded by beautiful trees, 500 feet off the main road. This property features an 1,800 sq. ft. house that has been in the owner's family for generations. With a private well and sewer easement near a babbling brook, the land's value is in it's potential for new construction, including the possibility of a (2) lot subdivision. Wetlands do not affect building. Current home has Water, Electric & Sewer. Located in the much sought after northern River Vale, with close proximity to public transportation to NYC, RV schools, Shopping, Dinning, Parks & Golf!
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Property Highlights
Exterior Details
Waterfront Features: None
Financial Details
Tax Annual Amount: $10,904
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bergen
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Listed by: Randy Douglass
Keller Williams Valley Realty
Last Updated: 16 days ago
Data Source: NJMLS , MLS#
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.
Keller Williams Valley Realty
Last Updated: 16 days ago
Data Source: NJMLS , MLS#
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.
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