This handle denotes a particular property positioned 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 operate as important elements of navigation programs, postal providers, and emergency response infrastructure.
Correct and standardized addresses like this one are important for environment friendly service supply, facilitating every thing from bundle supply and utility providers to voter registration and census knowledge assortment. They contribute to the sleek functioning of commerce, authorities operations, and neighborhood life. Traditionally, handle programs have advanced from much less formalized descriptions to structured codecs, reflecting the growing complexity of city improvement and the necessity for exact location identification. The event of formalized addresses performed a big position within the development of contemporary cities and infrastructure.
Understanding the operate and significance of exact location identifiers supplies context for discussions relating to property possession, city planning, neighborhood improvement, and associated subjects. Additional exploration of Elmwood Park’s historical past, demographics, and native laws can supply a deeper understanding of the realm and the properties inside it.
1. Location
Location performs an important position in defining a property’s id and worth. For a property just like the one located at 619 River Drive, Elmwood Park, NJ, its location supplies important 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 urged by the road identify, might supply particular benefits like scenic views or leisure alternatives, however might 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 components. 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 fast setting and accessibility to native facilities. For instance, a property positioned close to a serious roadway might supply handy commuting however expertise elevated visitors noise. A property located close to a park supplies leisure alternatives however may additionally expertise greater pedestrian visitors. Understanding these nuanced locational components supplies a extra complete evaluation of the property.
In conclusion, location serves as a basic factor in understanding a property. It supplies a framework for evaluating accessibility, potential dangers, and the general high quality of life related to a particular handle. By contemplating each regional and native contexts, one beneficial properties a deeper understanding of the property’s distinctive traits and potential worth. Additional analysis into zoning laws, 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 big monetary consideration for any actual property asset, together with the property positioned at 619 River Drive, Elmwood Park, NJ. Understanding the components influencing property worth supplies essential insights for potential consumers, sellers, and traders. This includes analyzing numerous interconnected parts that contribute to a property’s total price out there.
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Comparative Market Evaluation (CMA)
A CMA considers latest gross sales of comparable properties within the neighborhood to estimate the topic property’s worth. Elements like sq. footage, lot dimension, age, situation, and options are in comparison with decide an affordable market worth. For 619 River Drive, a CMA would contain analyzing comparable gross sales knowledge inside Elmwood Park, specializing in properties alongside or close to River Drive with related traits. This evaluation supplies a data-driven method 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 greater 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. Elements 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, straight impacts its worth. Current renovations, fashionable facilities, and well-maintained landscaping can improve worth. Conversely, deferred upkeep or outdated options can negatively influence the worth. Assessing the situation of 619 River Drive, each inside and exterior, is essential for correct valuation.
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Market Tendencies and Financial Circumstances
Broader market tendencies and financial situations play a big 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 encompassing area supplies context for evaluating the worth of 619 River Drive. Elements like stock ranges, days on market, and median sale costs within the space supply useful insights.
Analyzing these aspects supplies a complete understanding of property worth, enabling knowledgeable decision-making. By contemplating market knowledge, locational components, property situation, and financial tendencies, one can develop a practical evaluation of a property’s price. For 619 River Drive, this multi-faceted method to valuation supplies important info for potential consumers, sellers, or traders on this particular property throughout the Elmwood Park market. Additional analysis into particular property tax assessments and historic gross sales knowledge can present extra 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 positioned at 619 River Drive, Elmwood Park, NJ, understanding the encompassing neighborhood supplies essential insights. Elements 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 lively neighborhood involvement usually attracts greater property values and fosters a stronger sense of belonging. Conversely, areas with greater crime charges or declining infrastructure might 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, buying 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 might supply 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 providers and facilities accessible. 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 laws, improvement plans, and neighborhood initiatives, one can achieve a deeper understanding of the neighborhood’s trajectory and its potential influence on property values. In the end, a radical 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. College District
The standard of an area college 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 college district supplies important context for potential residents. This includes contemplating components reminiscent of tutorial efficiency, extracurricular actions, college assets, and neighborhood involvement.
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Educational Efficiency
Educational efficiency metrics, reminiscent of standardized take a look at scores, commencement charges, and faculty acceptance charges, function key indicators of a faculty district’s effectiveness. These metrics present quantifiable knowledge that permit for comparisons between completely different districts and inform choices relating to academic high quality. Researching the efficiency of the varsity 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 tutorial golf equipment, enhances the academic expertise and contributes to pupil improvement. A various vary of extracurricular choices supplies alternatives for college kids to discover their pursuits, develop their abilities, and construct social connections. Analyzing the extracurricular packages accessible throughout the college district serving 619 River Drive affords a extra complete understanding of the academic setting.
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College Sources and Services
Enough college assets, together with teacher-student ratios, library services, expertise infrastructure, and specialised studying packages, help efficient instructing and studying. Properly-equipped colleges with entry to fashionable assets contribute to a constructive studying setting and improve pupil outcomes. Investigating the assets and services accessible throughout the college 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 lively parental engagement contribute to a supportive and collaborative studying setting. Mother or father-teacher associations, college 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 college district serving 619 River Drive supplies a deeper understanding of the varsity’s connection to the broader neighborhood.
The standard of the related college district straight influences the desirability and market worth of a property like 619 River Drive. By contemplating tutorial efficiency, extracurricular alternatives, college assets, and neighborhood involvement, potential residents could make extra knowledgeable choices. Additional analysis into particular college rankings, program choices, and district budgets can present extra context and refine the evaluation of the academic setting. 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 may be reached utilizing numerous transportation modes. For 619 River Drive, Elmwood Park, NJ, accessibility concerns play an important position in its total 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 provision 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, practice stations, and different public transit choices. Entry to public transit affords options to personal automobiles, lowering reliance on vehicles and probably reducing transportation prices. For 619 River Drive, figuring out its proximity to NJ Transit bus strains or practice 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 space 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 continuously for work or leisure.
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Accessibility for People with Disabilities
Accessibility for people with disabilities requires contemplating the provision 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 provision of accessible options within the surrounding neighborhood enhances its suitability for people with disabilities.
Accessibility concerns are essential for evaluating a property’s total 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 aspects of accessibility, people could make extra knowledgeable choices primarily based 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 positioned at 619 River Drive, Elmwood Park, NJ, the provision and proximity of important facilities contribute to its total enchantment. Entry to grocery shops, eating places, parks, healthcare services, and cultural establishments enhances residents’ high quality of life and comfort. As an example, proximity to a well-stocked grocery store simplifies day by day grocery buying, 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 options to home-cooked meals. available healthcare providers, 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 may prioritize proximity to varsities, playgrounds, and family-friendly eating places. Retirees, then again, may worth entry to healthcare services, senior facilities, and quiet parks. Professionals might prioritize proximity to enterprise facilities, co-working areas, and upscale eating choices. The provision of those facilities inside an affordable distance influences property values and the general attractiveness of the neighborhood. For instance, properties positioned inside strolling distance of fascinating facilities usually command greater costs in comparison with these requiring in depth journey. The presence of high-quality facilities may also contribute to elevated property values over time, as fascinating neighborhoods have a tendency to draw and retain residents.
Understanding the provision 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 buying 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 extra context and refine the evaluation of the neighborhood’s choices.
7. Municipal Companies
Municipal providers considerably influence the standard of life and property values inside a particular locale. For a property just like the one positioned at 619 River Drive, Elmwood Park, NJ, the standard and availability of those providers are important components for residents. These providers embody important features reminiscent of sanitation (rubbish assortment, recycling packages, and road cleansing), public security (police and hearth providers, emergency medical providers), public works (street upkeep, snow removing, infrastructure repairs), and utilities (water and sewer providers). Environment friendly and dependable municipal providers contribute to a well-functioning neighborhood, enhancing property values and attracting residents. Conversely, insufficient or poorly managed providers can negatively influence property values, deter potential residents, and diminish the general high quality of life.
The effectiveness of municipal providers straight influences the desirability of a property like 619 River Drive. Dependable rubbish assortment and recycling packages preserve cleanliness and hygiene throughout the neighborhood. A responsive and well-equipped police pressure contributes to public security and safety. Environment friendly snow removing ensures secure 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 providers is important for primary sanitation and hygiene. For instance, a neighborhood with a strong 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 providers supplies residents with peace of thoughts and entry to well timed medical care.
Understanding the standard and scope of municipal providers supplies useful insights for anybody contemplating a property like 619 River Drive. Researching the municipality’s funds allocation for these providers, 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 Tendencies
Market tendencies considerably affect actual property choices, offering essential context for evaluating properties just like the one positioned at 619 River Drive, Elmwood Park, NJ. Analyzing these tendencies affords useful insights into market dynamics, pricing fluctuations, and funding potential. Understanding present market situations, historic efficiency, and projected future tendencies empowers consumers, sellers, and traders 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, probably resulting in decrease costs and elevated negotiation energy for consumers. Conversely, low stock suggests a vendor’s market, usually leading to greater costs and elevated competitors amongst consumers. 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 worth tendencies reveals historic worth fluctuations, market appreciation or depreciation, and total market well being. Analyzing median sale costs for related properties in Elmwood Park, contemplating components like property dimension, age, and placement, 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 robust demand and a aggressive market. Analyzing DOM tendencies 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 Circumstances
Prevailing rates of interest and broader financial situations considerably affect actual property markets. Decrease rates of interest usually stimulate purchaser demand, whereas greater charges can dampen exercise. Financial components like employment charges, inflation, and shopper confidence additionally play a task. Understanding these broader financial tendencies supplies context for decoding native market dynamics in Elmwood Park and their potential influence on the worth and marketability of 619 River Drive.
Analyzing market tendencies supplies a data-driven method to understanding the true property panorama. For 619 River Drive, contemplating these tendencies, alongside property-specific options and neighborhood traits, allows a complete market evaluation. This info empowers potential consumers, sellers, and traders to make knowledgeable choices aligned with present market dynamics and long-term funding targets. Additional analysis into native market stories, skilled analyses, and historic gross sales knowledge can present extra insights and refine the evaluation of market tendencies and their implications for 619 River Drive.
Incessantly Requested Questions
This part addresses widespread inquiries relating to properties just like the one positioned 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 latest gross sales of comparable properties within the space, accounting for components like dimension, options, and situation. Consulting a certified actual property appraiser affords an expert valuation.
Query 2: What are the important thing components to contemplate when evaluating the encompassing neighborhood?
Key neighborhood components embrace security, college district high quality, proximity to facilities (parks, buying, eating), accessibility to transportation, and total neighborhood demographics.
Query 3: How can one analysis the standard of native colleges related to a particular handle?
College high quality may be researched by way of publicly accessible knowledge on standardized take a look at scores, commencement charges, and college rankings. Visiting colleges and interesting with the local people can present extra insights.
Query 4: What are the everyday property taxes related to properties on this space?
Property taxes range primarily based 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 widespread property sorts 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 sorts in particular neighborhoods.
Query 6: What are the first transportation choices accessible 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 features 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 laws supplies extra context for thorough due diligence.
Ideas for Researching a Property
Thorough analysis is essential when contemplating a property funding. The next ideas supply steering for evaluating properties, utilizing the property positioned 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 method to property valuation. Analyze latest gross sales of comparable properties within the neighborhood, contemplating components like dimension, options, and situation. This helps set up a practical market worth vary.
Tip 2: Consider the Neighborhood Totally.
Past the property itself, assess the encompassing neighborhood. Analysis crime charges, college district high quality, proximity to facilities, and native demographics to know the broader residing setting.
Tip 3: Examine Municipal Companies.
Analysis the standard of native municipal providers, together with sanitation, public security, public works, and utilities. Environment friendly and dependable providers 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 laws and constructing codes. This info is essential for understanding potential limitations or alternatives associated to property use and future improvement.
Tip 6: Evaluate Property Tax Assessments.
Receive property tax evaluation info from the native tax assessor’s workplace. Understanding property tax liabilities is important for budgeting and monetary planning.
Tip 7: Contemplate Lengthy-Time period Market Tendencies.
Analyze historic property worth tendencies and projected market forecasts for the realm. This long-term perspective informs funding choices and helps assess potential appreciation or depreciation.
By diligently making use of these analysis ideas, people can achieve a complete understanding of a property and its surrounding context. This knowledgeable method 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 subsequent part concludes this complete evaluation.
Conclusion
This exploration of 619 River Drive, Elmwood Park, NJ, has supplied a complete overview of the important thing components contributing to a property’s worth and desirability. From location and neighborhood dynamics to high school district high quality and market tendencies, every factor performs an important position in shaping the general evaluation. Accessibility, native facilities, and the effectivity of municipal providers additional contribute to the nuanced understanding of this particular property’s context throughout the broader Elmwood Park neighborhood. By contemplating these interconnected components, potential residents, traders, and neighborhood stakeholders achieve 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.
