This address denotes a specific property located in Elmwood Park, New Jersey, situated along the River Drive. Such specific addresses pinpoint a unique location within a geographic area, allowing for precise identification of residences, businesses, or other points of interest. They function as critical components of navigation systems, postal services, and emergency response infrastructure.
Accurate and standardized addresses like this one are essential for efficient service delivery, facilitating everything from package delivery and utility services to voter registration and census data collection. They contribute to the smooth functioning of commerce, government operations, and community life. Historically, address systems have evolved from less formalized descriptions to structured formats, reflecting the increasing complexity of urban development and the need for precise location identification. The development of formalized addresses played a significant role in the growth of modern cities and infrastructure.
Understanding the function and significance of precise location identifiers provides context for discussions regarding property ownership, urban planning, community development, and related topics. Further exploration of Elmwood Park’s history, demographics, and local regulations can offer a deeper understanding of the area and the properties within it.
1. Location
Location plays a crucial role in defining a property’s identity and value. For a property like the one situated at 619 River Drive, Elmwood Park, NJ, its location provides critical context. Elmwood Park sits within Bergen County, offering proximity to major transportation arteries and urban centers like New York City. This positioning influences accessibility to employment opportunities, cultural attractions, and other regional resources. Proximity to the river, as suggested by the street name, may offer specific advantages like scenic views or recreational opportunities, but could also present potential challenges such as flood risk. The specific location within Elmwood Park itselfits placement relative to commercial districts, schools, and parksfurther refines its character.
Analyzing location requires considering both macro and micro factors. On a larger scale, the town’s location within the broader region affects its economic and social dynamics. On a smaller scale, the property’s precise placement within Elmwood Park influences its immediate environment and accessibility to local amenities. For example, a property located near a major roadway may offer convenient commuting but experience increased traffic noise. A property situated near a park provides recreational opportunities but may also experience higher pedestrian traffic. Understanding these nuanced locational factors provides a more comprehensive assessment of the property.
In conclusion, location serves as a fundamental element in understanding a property. It provides a framework for evaluating accessibility, potential risks, and the overall quality of life associated with a specific address. By considering both regional and local contexts, one gains a deeper understanding of the property’s unique characteristics and potential value. Further research into zoning regulations, neighborhood demographics, and historical development patterns can further enrich this understanding and inform decision-making processes related to property ownership and investment.
2. Property Value
Property value represents a significant financial consideration for any real estate asset, including the property located at 619 River Drive, Elmwood Park, NJ. Understanding the factors influencing property value provides crucial insights for potential buyers, sellers, and investors. This involves analyzing various interconnected elements that contribute to a property’s overall worth in the market.
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Comparative Market Analysis (CMA)
A CMA considers recent sales of similar properties in the vicinity to estimate the subject property’s value. Factors like square footage, lot size, age, condition, and features are compared to determine a reasonable market price. For 619 River Drive, a CMA would involve analyzing comparable sales data within Elmwood Park, focusing on properties along or near River Drive with similar characteristics. This analysis provides a data-driven approach to valuation.
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Location and Neighborhood Influences
Location significantly impacts property value. Properties in desirable neighborhoods with good schools, low crime rates, and access to amenities typically command higher prices. For 619 River Drive, its location in Elmwood Park, its proximity to the river, and the specific neighborhood characteristics will influence its market value. Factors like access to transportation, local businesses, and community resources contribute to the overall desirability and thus the property’s value.
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Property Condition and Improvements
The property’s physical condition, including its age, structural integrity, and updates, directly affects its value. Recent renovations, modern amenities, and well-maintained landscaping can increase value. Conversely, deferred maintenance or outdated features can negatively impact the price. Assessing the condition of 619 River Drive, both interior and exterior, is crucial for accurate valuation.
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Market Trends and Economic Conditions
Broader market trends and economic conditions play a significant role in property valuation. Interest rates, inflation, and local market supply and demand can all influence property prices. Understanding the current real estate market dynamics in Elmwood Park and the surrounding region provides context for evaluating the value of 619 River Drive. Factors like inventory levels, days on market, and median sale prices in the area offer valuable insights.
Analyzing these facets provides a comprehensive understanding of property value, enabling informed decision-making. By considering market data, locational factors, property condition, and economic trends, one can develop a realistic assessment of a property’s worth. For 619 River Drive, this multi-faceted approach to valuation provides critical information for potential buyers, sellers, or investors interested in this specific property within the Elmwood Park market. Further research into specific property tax assessments and historical sales data can provide additional context and refine the valuation process.
3. Neighborhood
Neighborhood context significantly influences a property’s character and market value. For a property like the one located at 619 River Drive, Elmwood Park, NJ, understanding the surrounding neighborhood provides crucial insights. Factors such as safety, demographics, local amenities, and community engagement contribute to the overall desirability and perceived value. A neighborhood with low crime rates, well-maintained properties, and active community involvement often attracts higher property values and fosters a stronger sense of belonging. Conversely, areas with higher crime rates or declining infrastructure may experience depressed property values and decreased resident satisfaction.
The neighborhood surrounding 619 River Drive influences its residents’ daily lives. Proximity to parks, schools, shopping centers, and public transportation affects convenience and quality of life. The presence of local businesses, restaurants, and cultural institutions contributes to the neighborhood’s vibrancy and character. For example, a neighborhood with a thriving local business scene may offer more employment opportunities and contribute to a stronger sense of community. The demographic composition of the neighborhood also plays a role, influencing the types of services and amenities available. Analyzing neighborhood demographics, such as age distribution, income levels, and educational attainment, provides valuable insights into the community’s characteristics and potential growth trajectory.
Understanding the neighborhood context provides a comprehensive perspective on a property’s potential. It allows for a more informed assessment of its value, its suitability for specific needs, and its potential for future appreciation. By researching local zoning regulations, development plans, and community initiatives, one can gain a deeper understanding of the neighborhood’s trajectory and its potential impact on property values. Ultimately, a thorough neighborhood analysis provides crucial information for anyone considering a property like 619 River Drive, allowing for a more informed and strategic decision-making process.
4. School District
The quality of a local school district significantly impacts property values and family decisions regarding residential location. For a property like the one at 619 River Drive, Elmwood Park, NJ, understanding the associated school district provides critical context for prospective residents. This involves considering factors such as academic performance, extracurricular activities, school resources, and community involvement.
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Academic Performance
Academic performance metrics, such as standardized test scores, graduation rates, and college acceptance rates, serve as key indicators of a school district’s effectiveness. These metrics provide quantifiable data that allow for comparisons between different districts and inform decisions regarding educational quality. Researching the performance of the school district associated with 619 River Drive offers valuable insights for families with school-aged children.
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Extracurricular Activities and Programs
The availability of extracurricular activities, including sports, arts, and academic clubs, enhances the educational experience and contributes to student development. A diverse range of extracurricular offerings provides opportunities for students to explore their interests, develop their talents, and build social connections. Examining the extracurricular programs available within the school district serving 619 River Drive offers a more comprehensive understanding of the educational environment.
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School Resources and Facilities
Adequate school resources, including teacher-student ratios, library facilities, technology infrastructure, and specialized learning programs, support effective teaching and learning. Well-equipped schools with access to modern resources contribute to a positive learning environment and enhance student outcomes. Investigating the resources and facilities available within the school district associated with 619 River Drive provides valuable insights into the quality of the educational infrastructure.
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Community Involvement and Parental Engagement
Strong community involvement and active parental engagement contribute to a supportive and collaborative learning environment. Parent-teacher associations, school volunteer programs, and community partnerships enhance the educational experience and foster a sense of community. Researching the level of community involvement and parental engagement within the school district serving 619 River Drive provides a deeper understanding of the school’s connection to the broader community.
The quality of the associated school district directly influences the desirability and market value of a property like 619 River Drive. By considering academic performance, extracurricular opportunities, school resources, and community involvement, prospective residents can make more informed decisions. Further research into specific school rankings, program offerings, and district budgets can provide additional context and refine the assessment of the educational environment. This information, coupled with other property and neighborhood considerations, contributes to a comprehensive understanding of the overall value and suitability of 619 River Drive within the Elmwood Park community.
5. Accessibility
Accessibility, concerning a specific property, encompasses the ease with which the location can be reached using various transportation modes. For 619 River Drive, Elmwood Park, NJ, accessibility considerations play a crucial role in its overall desirability and practicality for potential residents or businesses. Evaluating accessibility involves analyzing proximity and connectivity to different transportation networks, including roadways, public transit, and airports. It also requires considering the specific needs of individuals, such as those with disabilities, and the availability of accessible infrastructure.
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Roadway Access
Roadway access considers proximity to major highways and local streets. Easy access to major thoroughfares allows for convenient commuting and regional travel. For 619 River Drive, analyzing its proximity to major roadways like Route 46, Route 80, or the Garden State Parkway provides insights into its connectivity to the broader region. Evaluating local street conditions, traffic patterns, and parking availability further refines the assessment of roadway accessibility.
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Public Transportation
Public transportation accessibility involves evaluating proximity to bus routes, train stations, and other public transit options. Access to public transit offers alternatives to private vehicles, reducing reliance on cars and potentially lowering transportation costs. For 619 River Drive, determining its proximity to NJ Transit bus lines or train stations, and the frequency of service, provides insights into its public transportation accessibility. This information is particularly relevant for individuals commuting to nearby cities or those who prefer not to drive.
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Airport Accessibility
Airport accessibility involves evaluating the distance and travel time to major airports. Proximity to airports is essential for frequent travelers and businesses with international connections. For 619 River Drive, its proximity to airports like Newark Liberty International Airport, LaGuardia Airport, or John F. Kennedy International Airport influences its desirability for individuals who travel frequently for work or leisure.
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Accessibility for Individuals with Disabilities
Accessibility for individuals with disabilities requires considering the availability of accessible infrastructure, such as ramps, elevators, and accessible parking. Properties and surrounding areas that prioritize accessibility features cater to a wider range of individuals and promote inclusivity. For 619 River Drive, assessing the property’s compliance with accessibility standards and the availability of accessible features in the surrounding neighborhood enhances its suitability for individuals with disabilities.
Accessibility considerations are crucial for evaluating a property’s overall suitability for various needs. For 619 River Drive, its accessibility profile, encompassing roadway access, public transportation options, airport proximity, and accessibility features, significantly influences its desirability for potential residents or businesses. By analyzing these facets of accessibility, individuals can make more informed decisions based on their specific transportation needs and preferences. This information, combined with other property and neighborhood considerations, contributes to a comprehensive understanding of the property’s value and its fit within the broader Elmwood Park context.
6. Local Amenities
Local amenities significantly influence the desirability and perceived value of a property. For the property located at 619 River Drive, Elmwood Park, NJ, the availability and proximity of essential amenities contribute to its overall appeal. Access to grocery stores, restaurants, parks, healthcare facilities, and cultural institutions enhances residents’ quality of life and convenience. For instance, proximity to a well-stocked supermarket simplifies daily grocery shopping, while access to nearby parks provides recreational opportunities and green spaces. The presence of diverse dining options contributes to the vibrancy of the neighborhood and offers convenient alternatives to home-cooked meals. readily available healthcare services, such as hospitals and clinics, ensure timely medical attention when needed. Access to libraries, museums, and theaters enriches cultural experiences and fosters community engagement.
The specific mix of local amenities surrounding 619 River Drive shapes its character and appeal to different demographics. A family with young children might prioritize proximity to schools, playgrounds, and family-friendly restaurants. Retirees, on the other hand, might value access to healthcare facilities, senior centers, and quiet parks. Professionals may prioritize proximity to business centers, co-working spaces, and upscale dining options. The availability of these amenities within a reasonable distance influences property values and the overall attractiveness of the neighborhood. For example, properties located within walking distance of desirable amenities often command higher prices compared to those requiring extensive travel. The presence of high-quality amenities can also contribute to increased property values over time, as desirable neighborhoods tend to attract and retain residents.
Understanding the availability and quality of local amenities provides a crucial perspective on the overall desirability and potential of a property. For 619 River Drive, analyzing the proximity and quality of amenities like shopping centers, restaurants, parks, healthcare facilities, and cultural institutions offers valuable insights for potential residents. This analysis, combined with other property and neighborhood considerations, contributes to a comprehensive understanding of the property’s value and its fit within the Elmwood Park community. Further research into specific amenities, community reviews, and local development plans can provide additional context and refine the assessment of the neighborhood’s offerings.
7. Municipal Services
Municipal services significantly impact the quality of life and property values within a specific locale. For a property like the one located at 619 River Drive, Elmwood Park, NJ, the quality and availability of these services are critical factors for residents. These services encompass essential functions such as sanitation (garbage collection, recycling programs, and street cleaning), public safety (police and fire services, emergency medical services), public works (road maintenance, snow removal, infrastructure repairs), and utilities (water and sewer services). Efficient and reliable municipal services contribute to a well-functioning community, enhancing property values and attracting residents. Conversely, inadequate or poorly managed services can negatively impact property values, deter potential residents, and diminish the overall quality of life.
The effectiveness of municipal services directly influences the desirability of a property like 619 River Drive. Reliable garbage collection and recycling programs maintain cleanliness and hygiene within the neighborhood. A responsive and well-equipped police force contributes to public safety and security. Efficient snow removal ensures safe and accessible roadways during winter months. Well-maintained infrastructure, including roads, sidewalks, and public spaces, enhances the overall aesthetic appeal and functionality of the community. Access to reliable water and sewer services is essential for basic sanitation and hygiene. For example, a community with a robust and proactive public works department is better equipped to handle infrastructure challenges, such as road repairs or storm drainage issues, leading to a higher quality of life for residents. A community known for its efficient emergency medical services provides residents with peace of mind and access to timely medical care.
Understanding the quality and scope of municipal services provides valuable insights for anyone considering a property like 619 River Drive. Researching the municipality’s budget allocation for these services, community feedback on service quality, and the local government’s commitment to infrastructure maintenance offers valuable context. This information, coupled with other property and neighborhood considerations, allows for a comprehensive assessment of the property’s value and its place within the Elmwood Park community. Investigating local ordinances, service schedules, and community forums can provide further insights and facilitate informed decision-making.
8. Market Trends
Market trends significantly influence real estate decisions, providing crucial context for evaluating properties like the one located at 619 River Drive, Elmwood Park, NJ. Analyzing these trends offers valuable insights into market dynamics, pricing fluctuations, and investment potential. Understanding current market conditions, historical performance, and projected future trends empowers buyers, sellers, and investors to make informed decisions aligned with market realities.
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Inventory Levels
Inventory levels reflect the balance between supply and demand in the real estate market. A high inventory typically indicates a buyer’s market, potentially leading to lower prices and increased negotiation power for buyers. Conversely, low inventory suggests a seller’s market, often resulting in higher prices and increased competition among buyers. Monitoring inventory levels in Elmwood Park, particularly for properties comparable to 619 River Drive, provides insights into current market conditions and potential pricing dynamics.
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Median Sale Prices
Median sale prices represent the midpoint of all property sales within a specific area and timeframe. Tracking median sale price trends reveals historical price fluctuations, market appreciation or depreciation, and overall market health. Analyzing median sale prices for similar properties in Elmwood Park, considering factors like property size, age, and location, provides a benchmark for evaluating the potential market value of 619 River Drive.
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Days on Market (DOM)
Days on market refers to the average time a property remains listed before being sold. A high DOM typically suggests lower buyer demand or potential overpricing, while a low DOM indicates strong demand and a competitive market. Analyzing DOM trends for comparable properties in Elmwood Park provides insights into market activity and potential pricing strategies for 619 River Drive.
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Interest Rates and Economic Conditions
Prevailing interest rates and broader economic conditions significantly influence real estate markets. Lower interest rates generally stimulate buyer demand, while higher rates can dampen activity. Economic factors like employment rates, inflation, and consumer confidence also play a role. Understanding these broader economic trends provides context for interpreting local market dynamics in Elmwood Park and their potential impact on the value and marketability of 619 River Drive.
Analyzing market trends provides a data-driven approach to understanding the real estate landscape. For 619 River Drive, considering these trends, alongside property-specific features and neighborhood characteristics, enables a comprehensive market analysis. This information empowers potential buyers, sellers, and investors to make informed decisions aligned with current market dynamics and long-term investment goals. Further research into local market reports, expert analyses, and historical sales data can provide additional insights and refine the assessment of market trends and their implications for 619 River Drive.
Frequently Asked Questions
This section addresses common inquiries regarding properties like the one located at 619 River Drive, Elmwood Park, NJ, providing concise and informative responses.
Question 1: How does one determine the current market value of a property like this?
Determining market value involves a comparative market analysis (CMA) considering recent sales of similar properties in the area, accounting for factors like size, features, and condition. Consulting a qualified real estate appraiser offers a professional valuation.
Question 2: What are the key factors to consider when evaluating the surrounding neighborhood?
Key neighborhood factors include safety, school district quality, proximity to amenities (parks, shopping, dining), accessibility to transportation, and overall community demographics.
Question 3: How can one research the quality of local schools associated with a specific address?
School quality can be researched through publicly available data on standardized test scores, graduation rates, and school rankings. Visiting schools and engaging with the local community can provide additional insights.
Question 4: What are the typical property taxes associated with properties in this area?
Property taxes vary based on assessed value and local tax rates. Consulting the municipal tax assessor’s office provides specific tax information for individual properties.
Question 5: What are the common property types found in this area (e.g., single-family homes, condominiums)?
Elmwood Park offers a mix of housing options, including single-family homes, townhouses, and condominiums. Consulting local real estate listings provides insight into the prevalent property types in specific neighborhoods.
Question 6: What are the primary transportation options available for residents in this location?
Transportation options include access to major roadways (e.g., Route 46, Route 80, Garden State Parkway), public transportation (NJ Transit buses and trains), and proximity to regional airports (Newark, LaGuardia, JFK).
Understanding these aspects provides a comprehensive view for informed decision-making regarding properties like the one at 619 River Drive, Elmwood Park, NJ.
Further exploration into specific property details, neighborhood dynamics, and local regulations provides additional context for thorough due diligence.
Tips for Researching a Property
Thorough research is crucial when considering a property investment. The following tips offer guidance for evaluating properties, using the property located at 619 River Drive, Elmwood Park, NJ, as a representative example.
Tip 1: Conduct a Comparative Market Analysis (CMA).
A CMA provides a data-driven approach to property valuation. Analyze recent sales of comparable properties in the vicinity, considering factors like size, features, and condition. This helps establish a realistic market value range.
Tip 2: Evaluate the Neighborhood Thoroughly.
Beyond the property itself, assess the surrounding neighborhood. Research crime rates, school district quality, proximity to amenities, and local demographics to understand the broader living environment.
Tip 3: Investigate Municipal Services.
Research the quality of local municipal services, including sanitation, public safety, public works, and utilities. Efficient and reliable services contribute significantly to quality of life and property values.
Tip 4: Analyze Accessibility and Transportation Options.
Assess transportation accessibility, considering proximity to major roadways, public transit options, and airports. Convenient transportation enhances property value and daily convenience.
Tip 5: Understand Local Zoning Regulations.
Research local zoning regulations and building codes. This information is crucial for understanding potential limitations or opportunities related to property use and future development.
Tip 6: Review Property Tax Assessments.
Obtain property tax assessment information from the local tax assessor’s office. Understanding property tax liabilities is essential for budgeting and financial planning.
Tip 7: Consider Long-Term Market Trends.
Analyze historical property value trends and projected market forecasts for the area. This long-term perspective informs investment decisions and helps assess potential appreciation or depreciation.
By diligently applying these research tips, individuals can gain a comprehensive understanding of a property and its surrounding context. This informed approach facilitates sound decision-making and reduces potential risks associated with property investments.
These tips, when applied systematically, empower individuals to navigate the complexities of real estate transactions with confidence. The next section concludes this comprehensive analysis.
Conclusion
This exploration of 619 River Drive, Elmwood Park, NJ, has provided a comprehensive overview of the key factors contributing to a property’s value and desirability. From location and neighborhood dynamics to school district quality and market trends, each element plays a crucial role in shaping the overall assessment. Accessibility, local amenities, and the efficiency of municipal services further contribute to the nuanced understanding of this specific property’s context within the broader Elmwood Park community. By considering these interconnected factors, potential residents, investors, and community stakeholders gain valuable insights for informed decision-making.
Ultimately, a property represents more than just a physical structure; it embodies a complex interplay of location, community, and market forces. A thorough understanding of these dynamics is essential for navigating the complexities of the real estate landscape. Further research and due diligence remain crucial for informed decision-making regarding any property investment. The insights presented here serve as a starting point for a deeper exploration of 619 River Drive and its unique position within the Elmwood Park market.
