This tackle denotes a particular property situated in Elmwood Park, New Jersey, located alongside the River Drive. Such particular addresses pinpoint a novel location inside a geographic space, permitting for exact identification of residences, companies, or different factors of curiosity. They perform as essential elements of navigation techniques, postal companies, and emergency response infrastructure.
Correct and standardized addresses like this one are important for environment friendly service supply, facilitating every little thing from package deal supply and utility companies to voter registration and census information assortment. They contribute to the graceful functioning of commerce, authorities operations, and neighborhood life. Traditionally, tackle techniques have advanced from much less formalized descriptions to structured codecs, reflecting the rising complexity of city improvement and the necessity for exact location identification. The event of formalized addresses performed a major position within the development of recent cities and infrastructure.
Understanding the perform and significance of exact location identifiers supplies context for discussions relating to property possession, city planning, neighborhood improvement, and associated matters. Additional exploration of Elmwood Park’s historical past, demographics, and native rules can provide a deeper understanding of the world and the properties inside it.
1. Location
Location performs an important position in defining a property’s identification and worth. For a property just like the one located at 619 River Drive, Elmwood Park, NJ, its location supplies essential context. Elmwood Park sits inside Bergen County, providing proximity to main transportation arteries and concrete facilities like New York Metropolis. This positioning influences accessibility to employment alternatives, cultural points of interest, and different regional assets. Proximity to the river, as instructed by the road identify, could provide particular benefits like scenic views or leisure alternatives, however may additionally current potential challenges reminiscent of flood danger. The precise location inside Elmwood Park itselfits placement relative to business districts, colleges, and parksfurther refines its character.
Analyzing location requires contemplating each macro and micro elements. On a bigger scale, the city’s location throughout the broader area impacts its financial and social dynamics. On a smaller scale, the property’s exact placement inside Elmwood Park influences its speedy surroundings and accessibility to native facilities. For instance, a property situated close to a serious roadway could provide handy commuting however expertise elevated visitors noise. A property located close to a park supplies leisure alternatives however might also expertise increased pedestrian visitors. Understanding these nuanced locational elements supplies a extra complete evaluation of the property.
In conclusion, location serves as a elementary aspect in understanding a property. It supplies a framework for evaluating accessibility, potential dangers, and the general high quality of life related to a particular tackle. By contemplating each regional and native contexts, one positive factors a deeper understanding of the property’s distinctive traits and potential worth. Additional analysis into zoning rules, neighborhood demographics, and historic improvement patterns can additional enrich this understanding and inform decision-making processes associated to property possession and funding.
2. Property Worth
Property worth represents a major monetary consideration for any actual property asset, together with the property situated at 619 River Drive, Elmwood Park, NJ. Understanding the elements influencing property worth supplies essential insights for potential patrons, sellers, and buyers. This includes analyzing numerous interconnected parts that contribute to a property’s general value available in the market.
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Comparative Market Evaluation (CMA)
A CMA considers current gross sales of comparable properties within the neighborhood to estimate the topic property’s worth. Components like sq. footage, lot dimension, age, situation, and options are in comparison with decide an inexpensive market value. For 619 River Drive, a CMA would contain analyzing comparable gross sales information inside Elmwood Park, specializing in properties alongside or close to River Drive with comparable traits. This evaluation supplies a data-driven strategy to valuation.
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Location and Neighborhood Influences
Location considerably impacts property worth. Properties in fascinating neighborhoods with good colleges, low crime charges, and entry to facilities usually command increased costs. For 619 River Drive, its location in Elmwood Park, its proximity to the river, and the precise neighborhood traits will affect its market worth. Components like entry to transportation, native companies, and neighborhood assets contribute to the general desirability and thus the property’s worth.
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Property Situation and Enhancements
The property’s bodily situation, together with its age, structural integrity, and updates, immediately impacts its worth. Latest renovations, fashionable facilities, and well-maintained landscaping can enhance worth. Conversely, deferred upkeep or outdated options can negatively affect the worth. Assessing the situation of 619 River Drive, each inside and exterior, is essential for correct valuation.
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Market Developments and Financial Situations
Broader market traits and financial situations play a major position in property valuation. Rates of interest, inflation, and native market provide and demand can all affect property costs. Understanding the present actual property market dynamics in Elmwood Park and the encircling area supplies context for evaluating the worth of 619 River Drive. Components like stock ranges, days on market, and median sale costs within the space provide useful insights.
Analyzing these sides supplies a complete understanding of property worth, enabling knowledgeable decision-making. By contemplating market information, locational elements, property situation, and financial traits, one can develop a sensible evaluation of a property’s value. For 619 River Drive, this multi-faceted strategy to valuation supplies essential info for potential patrons, sellers, or buyers on this particular property throughout the Elmwood Park market. Additional analysis into particular property tax assessments and historic gross sales information can present further context and refine the valuation course of.
3. Neighborhood
Neighborhood context considerably influences a property’s character and market worth. For a property just like the one situated at 619 River Drive, Elmwood Park, NJ, understanding the encircling neighborhood supplies essential insights. Components reminiscent of security, demographics, native facilities, and neighborhood engagement contribute to the general desirability and perceived worth. A neighborhood with low crime charges, well-maintained properties, and energetic neighborhood involvement usually attracts increased property values and fosters a stronger sense of belonging. Conversely, areas with increased crime charges or declining infrastructure could expertise depressed property values and decreased resident satisfaction.
The neighborhood surrounding 619 River Drive influences its residents’ day by day lives. Proximity to parks, colleges, procuring facilities, and public transportation impacts comfort and high quality of life. The presence of native companies, eating places, and cultural establishments contributes to the neighborhood’s vibrancy and character. For instance, a neighborhood with a thriving native enterprise scene could provide extra employment alternatives and contribute to a stronger sense of neighborhood. The demographic composition of the neighborhood additionally performs a task, influencing the varieties of companies and facilities out there. Analyzing neighborhood demographics, reminiscent of age distribution, earnings ranges, and academic attainment, supplies useful insights into the neighborhood’s traits and potential development trajectory.
Understanding the neighborhood context supplies a complete perspective on a property’s potential. It permits for a extra knowledgeable evaluation of its worth, its suitability for particular wants, and its potential for future appreciation. By researching native zoning rules, improvement plans, and neighborhood initiatives, one can acquire a deeper understanding of the neighborhood’s trajectory and its potential affect on property values. In the end, an intensive neighborhood evaluation supplies essential info for anybody contemplating a property like 619 River Drive, permitting for a extra knowledgeable and strategic decision-making course of.
4. Faculty District
The standard of a neighborhood faculty district considerably impacts property values and household choices relating to residential location. For a property just like the one at 619 River Drive, Elmwood Park, NJ, understanding the related faculty district supplies essential context for potential residents. This includes contemplating elements reminiscent of educational efficiency, extracurricular actions, faculty assets, and neighborhood involvement.
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Educational Efficiency
Educational efficiency metrics, reminiscent of standardized check scores, commencement charges, and faculty acceptance charges, function key indicators of a college district’s effectiveness. These metrics present quantifiable information that enable for comparisons between completely different districts and inform choices relating to instructional high quality. Researching the efficiency of the college district related to 619 River Drive affords useful insights for households with school-aged youngsters.
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Extracurricular Actions and Applications
The provision of extracurricular actions, together with sports activities, arts, and educational golf equipment, enhances the academic expertise and contributes to pupil improvement. A various vary of extracurricular choices supplies alternatives for college students to discover their pursuits, develop their abilities, and construct social connections. Inspecting the extracurricular packages out there throughout the faculty district serving 619 River Drive affords a extra complete understanding of the academic surroundings.
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Faculty Assets and Amenities
Satisfactory faculty assets, together with teacher-student ratios, library services, expertise infrastructure, and specialised studying packages, assist efficient instructing and studying. Properly-equipped colleges with entry to fashionable assets contribute to a optimistic studying surroundings and improve pupil outcomes. Investigating the assets and services out there throughout the faculty district related to 619 River Drive supplies useful insights into the standard of the academic infrastructure.
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Group Involvement and Parental Engagement
Sturdy neighborhood involvement and energetic parental engagement contribute to a supportive and collaborative studying surroundings. Father or mother-teacher associations, faculty volunteer packages, and neighborhood partnerships improve the academic expertise and foster a way of neighborhood. Researching the extent of neighborhood involvement and parental engagement throughout the faculty district serving 619 River Drive supplies a deeper understanding of the college’s connection to the broader neighborhood.
The standard of the related faculty district immediately influences the desirability and market worth of a property like 619 River Drive. By contemplating educational efficiency, extracurricular alternatives, faculty assets, and neighborhood involvement, potential residents could make extra knowledgeable choices. Additional analysis into particular faculty rankings, program choices, and district budgets can present further context and refine the evaluation of the academic surroundings. This info, coupled with different property and neighborhood concerns, contributes to a complete understanding of the general worth and suitability of 619 River Drive throughout the Elmwood Park neighborhood.
5. Accessibility
Accessibility, regarding a particular property, encompasses the convenience with which the placement will be reached utilizing numerous transportation modes. For 619 River Drive, Elmwood Park, NJ, accessibility concerns play an important position in its general desirability and practicality for potential residents or companies. Evaluating accessibility includes analyzing proximity and connectivity to completely different transportation networks, together with roadways, public transit, and airports. It additionally requires contemplating the precise wants of people, reminiscent of these with disabilities, and the supply of accessible infrastructure.
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Roadway Entry
Roadway entry considers proximity to main highways and native streets. Easy accessibility to main thoroughfares permits for handy commuting and regional journey. For 619 River Drive, analyzing its proximity to main roadways like Route 46, Route 80, or the Backyard State Parkway supplies insights into its connectivity to the broader area. Evaluating native road situations, visitors patterns, and parking availability additional refines the evaluation of roadway accessibility.
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Public Transportation
Public transportation accessibility includes evaluating proximity to bus routes, prepare stations, and different public transit choices. Entry to public transit affords alternate options to non-public autos, decreasing reliance on automobiles and doubtlessly reducing transportation prices. For 619 River Drive, figuring out its proximity to NJ Transit bus strains or prepare stations, and the frequency of service, supplies insights into its public transportation accessibility. This info is especially related for people commuting to close by cities or those that choose to not drive.
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Airport Accessibility
Airport accessibility includes evaluating the gap and journey time to main airports. Proximity to airports is important for frequent vacationers and companies with worldwide connections. For 619 River Drive, its proximity to airports like Newark Liberty Worldwide Airport, LaGuardia Airport, or John F. Kennedy Worldwide Airport influences its desirability for people who journey regularly for work or leisure.
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Accessibility for People with Disabilities
Accessibility for people with disabilities requires contemplating the supply of accessible infrastructure, reminiscent of ramps, elevators, and accessible parking. Properties and surrounding areas that prioritize accessibility options cater to a wider vary of people and promote inclusivity. For 619 River Drive, assessing the property’s compliance with accessibility requirements and the supply of accessible options within the surrounding neighborhood enhances its suitability for people with disabilities.
Accessibility concerns are essential for evaluating a property’s general suitability for numerous wants. For 619 River Drive, its accessibility profile, encompassing roadway entry, public transportation choices, airport proximity, and accessibility options, considerably influences its desirability for potential residents or companies. By analyzing these sides of accessibility, people could make extra knowledgeable choices based mostly on their particular transportation wants and preferences. This info, mixed with different property and neighborhood concerns, contributes to a complete understanding of the property’s worth and its match throughout the broader Elmwood Park context.
6. Native Facilities
Native facilities considerably affect the desirability and perceived worth of a property. For the property situated at 619 River Drive, Elmwood Park, NJ, the supply and proximity of important facilities contribute to its general enchantment. Entry to grocery shops, eating places, parks, healthcare services, and cultural establishments enhances residents’ high quality of life and comfort. For example, proximity to a well-stocked grocery store simplifies day by day grocery procuring, whereas entry to close by parks supplies leisure alternatives and inexperienced areas. The presence of numerous eating choices contributes to the vibrancy of the neighborhood and affords handy alternate options to home-cooked meals. available healthcare companies, reminiscent of hospitals and clinics, guarantee well timed medical consideration when wanted. Entry to libraries, museums, and theaters enriches cultural experiences and fosters neighborhood engagement.
The precise mixture of native facilities surrounding 619 River Drive shapes its character and enchantment to completely different demographics. A household with younger youngsters would possibly prioritize proximity to colleges, playgrounds, and family-friendly eating places. Retirees, however, would possibly worth entry to healthcare services, senior facilities, and quiet parks. Professionals could prioritize proximity to enterprise facilities, co-working areas, and upscale eating choices. The provision of those facilities inside an inexpensive distance influences property values and the general attractiveness of the neighborhood. For instance, properties situated inside strolling distance of fascinating facilities usually command increased costs in comparison with these requiring intensive journey. The presence of high-quality facilities may contribute to elevated property values over time, as fascinating neighborhoods have a tendency to draw and retain residents.
Understanding the supply and high quality of native facilities supplies an important perspective on the general desirability and potential of a property. For 619 River Drive, analyzing the proximity and high quality of facilities like procuring facilities, eating places, parks, healthcare services, and cultural establishments affords useful insights for potential residents. This evaluation, mixed with different property and neighborhood concerns, contributes to a complete understanding of the property’s worth and its match throughout the Elmwood Park neighborhood. Additional analysis into particular facilities, neighborhood evaluations, and native improvement plans can present further context and refine the evaluation of the neighborhood’s choices.
7. Municipal Providers
Municipal companies considerably affect the standard of life and property values inside a particular locale. For a property just like the one situated at 619 River Drive, Elmwood Park, NJ, the standard and availability of those companies are essential elements for residents. These companies embody important capabilities reminiscent of sanitation (rubbish assortment, recycling packages, and road cleansing), public security (police and hearth companies, emergency medical companies), public works (street upkeep, snow elimination, infrastructure repairs), and utilities (water and sewer companies). Environment friendly and dependable municipal companies contribute to a well-functioning neighborhood, enhancing property values and attracting residents. Conversely, insufficient or poorly managed companies can negatively affect property values, deter potential residents, and diminish the general high quality of life.
The effectiveness of municipal companies immediately influences the desirability of a property like 619 River Drive. Dependable rubbish assortment and recycling packages keep cleanliness and hygiene throughout the neighborhood. A responsive and well-equipped police drive contributes to public security and safety. Environment friendly snow elimination ensures protected and accessible roadways throughout winter months. Properly-maintained infrastructure, together with roads, sidewalks, and public areas, enhances the general aesthetic enchantment and performance of the neighborhood. Entry to dependable water and sewer companies is important for fundamental sanitation and hygiene. For instance, a neighborhood with a sturdy and proactive public works division is best geared up to deal with infrastructure challenges, reminiscent of street repairs or storm drainage points, resulting in a better high quality of life for residents. A neighborhood identified for its environment friendly emergency medical companies supplies residents with peace of thoughts and entry to well timed medical care.
Understanding the standard and scope of municipal companies supplies useful insights for anybody contemplating a property like 619 River Drive. Researching the municipality’s funds allocation for these companies, neighborhood suggestions on service high quality, and the native authorities’s dedication to infrastructure upkeep affords useful context. This info, coupled with different property and neighborhood concerns, permits for a complete evaluation of the property’s worth and its place throughout the Elmwood Park neighborhood. Investigating native ordinances, service schedules, and neighborhood boards can present additional insights and facilitate knowledgeable decision-making.
8. Market Developments
Market traits considerably affect actual property choices, offering essential context for evaluating properties just like the one situated at 619 River Drive, Elmwood Park, NJ. Analyzing these traits affords useful insights into market dynamics, pricing fluctuations, and funding potential. Understanding present market situations, historic efficiency, and projected future traits empowers patrons, sellers, and buyers to make knowledgeable choices aligned with market realities.
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Stock Ranges
Stock ranges mirror the steadiness between provide and demand in the true property market. A excessive stock usually signifies a purchaser’s market, doubtlessly resulting in decrease costs and elevated negotiation energy for patrons. Conversely, low stock suggests a vendor’s market, usually leading to increased costs and elevated competitors amongst patrons. Monitoring stock ranges in Elmwood Park, notably for properties corresponding to 619 River Drive, supplies insights into present market situations and potential pricing dynamics.
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Median Sale Costs
Median sale costs symbolize the midpoint of all property gross sales inside a particular space and timeframe. Monitoring median sale value traits reveals historic value fluctuations, market appreciation or depreciation, and general market well being. Analyzing median sale costs for comparable properties in Elmwood Park, contemplating elements like property dimension, age, and site, supplies a benchmark for evaluating the potential market worth of 619 River Drive.
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Days on Market (DOM)
Days on market refers back to the common time a property stays listed earlier than being bought. A excessive DOM usually suggests decrease purchaser demand or potential overpricing, whereas a low DOM signifies sturdy demand and a aggressive market. Analyzing DOM traits for comparable properties in Elmwood Park supplies insights into market exercise and potential pricing methods for 619 River Drive.
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Curiosity Charges and Financial Situations
Prevailing rates of interest and broader financial situations considerably affect actual property markets. Decrease rates of interest usually stimulate purchaser demand, whereas increased charges can dampen exercise. Financial elements like employment charges, inflation, and shopper confidence additionally play a task. Understanding these broader financial traits supplies context for decoding native market dynamics in Elmwood Park and their potential affect on the worth and marketability of 619 River Drive.
Analyzing market traits supplies a data-driven strategy to understanding the true property panorama. For 619 River Drive, contemplating these traits, alongside property-specific options and neighborhood traits, allows a complete market evaluation. This info empowers potential patrons, sellers, and buyers to make knowledgeable choices aligned with present market dynamics and long-term funding objectives. Additional analysis into native market studies, knowledgeable analyses, and historic gross sales information can present further insights and refine the evaluation of market traits and their implications for 619 River Drive.
Incessantly Requested Questions
This part addresses frequent inquiries relating to properties just like the one situated at 619 River Drive, Elmwood Park, NJ, offering concise and informative responses.
Query 1: How does one decide the present market worth of a property like this?
Figuring out market worth includes a comparative market evaluation (CMA) contemplating current gross sales of comparable properties within the space, accounting for elements like dimension, options, and situation. Consulting a certified actual property appraiser affords knowledgeable valuation.
Query 2: What are the important thing elements to contemplate when evaluating the encircling neighborhood?
Key neighborhood elements embrace security, faculty district high quality, proximity to facilities (parks, procuring, eating), accessibility to transportation, and general neighborhood demographics.
Query 3: How can one analysis the standard of native colleges related to a particular tackle?
Faculty high quality will be researched by way of publicly out there information on standardized check scores, commencement charges, and faculty rankings. Visiting colleges and interesting with the area people can present further insights.
Query 4: What are the everyday property taxes related to properties on this space?
Property taxes range based mostly on assessed worth and native tax charges. Consulting the municipal tax assessor’s workplace supplies particular tax info for particular person properties.
Query 5: What are the frequent property varieties discovered on this space (e.g., single-family properties, condominiums)?
Elmwood Park affords a mixture of housing choices, together with single-family properties, townhouses, and condominiums. Consulting native actual property listings supplies perception into the prevalent property varieties in particular neighborhoods.
Query 6: What are the first transportation choices out there for residents on this location?
Transportation choices embrace entry to main roadways (e.g., Route 46, Route 80, Backyard State Parkway), public transportation (NJ Transit buses and trains), and proximity to regional airports (Newark, LaGuardia, JFK).
Understanding these facets supplies a complete view for knowledgeable decision-making relating to properties just like the one at 619 River Drive, Elmwood Park, NJ.
Additional exploration into particular property particulars, neighborhood dynamics, and native rules supplies further context for thorough due diligence.
Suggestions for Researching a Property
Thorough analysis is essential when contemplating a property funding. The next suggestions provide steering for evaluating properties, utilizing the property situated at 619 River Drive, Elmwood Park, NJ, as a consultant instance.
Tip 1: Conduct a Comparative Market Evaluation (CMA).
A CMA supplies a data-driven strategy to property valuation. Analyze current gross sales of comparable properties within the neighborhood, contemplating elements like dimension, options, and situation. This helps set up a sensible market worth vary.
Tip 2: Consider the Neighborhood Totally.
Past the property itself, assess the encircling neighborhood. Analysis crime charges, faculty district high quality, proximity to facilities, and native demographics to know the broader residing surroundings.
Tip 3: Examine Municipal Providers.
Analysis the standard of native municipal companies, together with sanitation, public security, public works, and utilities. Environment friendly and dependable companies contribute considerably to high quality of life and property values.
Tip 4: Analyze Accessibility and Transportation Choices.
Assess transportation accessibility, contemplating proximity to main roadways, public transit choices, and airports. Handy transportation enhances property worth and day by day comfort.
Tip 5: Perceive Native Zoning Rules.
Analysis native zoning rules and constructing codes. This info is essential for understanding potential limitations or alternatives associated to property use and future improvement.
Tip 6: Evaluation Property Tax Assessments.
Get hold of property tax evaluation info from the native tax assessor’s workplace. Understanding property tax liabilities is important for budgeting and monetary planning.
Tip 7: Think about Lengthy-Time period Market Developments.
Analyze historic property worth traits and projected market forecasts for the world. This long-term perspective informs funding choices and helps assess potential appreciation or depreciation.
By diligently making use of these analysis suggestions, people can acquire a complete understanding of a property and its surrounding context. This knowledgeable strategy facilitates sound decision-making and reduces potential dangers related to property investments.
The following tips, when utilized systematically, empower people to navigate the complexities of actual property transactions with confidence. The following part concludes this complete evaluation.
Conclusion
This exploration of 619 River Drive, Elmwood Park, NJ, has supplied a complete overview of the important thing elements contributing to a property’s worth and desirability. From location and neighborhood dynamics to high school district high quality and market traits, every aspect performs an important position in shaping the general evaluation. Accessibility, native facilities, and the effectivity of municipal companies additional contribute to the nuanced understanding of this particular property’s context throughout the broader Elmwood Park neighborhood. By contemplating these interconnected elements, potential residents, buyers, and neighborhood stakeholders acquire useful insights for knowledgeable decision-making.
In the end, a property represents greater than only a bodily construction; it embodies a posh interaction of location, neighborhood, and market forces. A radical understanding of those dynamics is important for navigating the complexities of the true property panorama. Additional analysis and due diligence stay essential for knowledgeable decision-making relating to any property funding. The insights introduced right here function a place to begin for a deeper exploration of 619 River Drive and its distinctive place throughout the Elmwood Park market.
