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551 River Drive, Elmwood Park, NJ 07407 Property Information

551 River Drive, Elmwood Park, NJ 07407 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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551 River Drive, Elmwood Park, NJ 07407
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Address

Primary address 551 River Drive, Elmwood Park
Zip code 07407
County Bergen
Municipality Elmwood Park Borough
Block 1001
Lot 1

Sales & Tax Overview for 551 River Drive, Elmwood Park

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/27/2019
Sale price $900,000
Arm's length
Property tax $19,382

Lot & Building Information for 551 River Drive, Elmwood Park

Building sqft 3,904
Building class Commercial-Mixed Use (101)
Acreage 0.459
Year built 1938
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 551 River Drive, Elmwood Park

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  • • Improvements for 551 River Drive, Elmwood Park , including their type, square footage, grade and when they were built.
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About 551 River Drive, Elmwood Park

What is the year built & the total sq. ft. for 551 River Drive, Elmwood Park, NJ 07407?

551 River Drive, Elmwood Park, NJ 07407 was built in 1938 and has a total of 3,904 square feet.

What is the assessed value of 551 River Drive, Elmwood Park, NJ 07407 and the property tax paid?

Assessed at $605,300, the tax amount paid for 551 River Drive, Elmwood Park, NJ 07407 is $19,381.

When was 551 River Drive, Elmwood Park, NJ 07407 last sold and what was the last sale price?

551 River Drive, Elmwood Park, NJ 07407 was last sold in 12/27/2019 for $900,000.

Ownership Information

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Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
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Past Sales & Property History for 551 River Drive, Elmwood Park

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Purchase date Purchase price Buyer name Seller name
12/27/2019 $900,000
07/09/2008 $1
07/24/2007 $800,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 551 River Drive, Elmwood Park

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
08/31/2020 - D
10/20/2020 - R
Mortgage
12/27/2019 - D
04/06/2020 - R
Deed and Realty Tax Fees
10/01/2019 - D Mortgage
09/27/2019 - D Mortgage
01/10/2019 - D
02/28/2019 - R
Mortgage
07/09/2008 - D
10/06/2008 - R
Deed and Realty Tax Fees
07/24/2007 - D
09/19/2007 - R
Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 551 River Drive, Elmwood Park

Access detailed property tax data for 551 River Drive, Elmwood Park, NJ 07407. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $19,382
Market value $605,300

Assessment History for 551 River Drive, Elmwood Park

Here's the assessment & property tax history for 551 River Drive, Elmwood Park, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $605,300 $605,300 3.202 $19,382 +4.33%
2024 $605,300 $605,300 3.069 $18,577 +2.57%
2023 $605,300 $605,300 2.992 $18,111 -0.66%
2022 $605,300 $605,300 3.012 $18,232 -0.46%
2021 $605,300 $605,300 3.026 $18,316 +0.80%

Demographics by Zip Code

Total population 21,412
Median age 39.9
Average household income $123,193
Family households 73.9%
Occupied housing units 7,462
Owner occupied units 57.5%
Average number of people per household 2.86
Median year structure built 1958
Median value for units with a mortgage $497,800
Median value for units without a mortgage $464,100

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 551 River Drive, Elmwood Park to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 551 River Drive, Elmwood Park

Here are the neighbors for 551 River Drive, Elmwood Park.

Address Square feet Purchase date Purchase price
543 River Dr, Elmwood Park 4,000 08/03/2007 $1,080,000
17 Chamberlain Ave, Elmwood Park 1,396 06/26/2024 $1,200,000
27 Chamberlain Ave, Elmwood Park 2,320 12/12/2013 $279,376
674 River Dr, Elmwood Park 06/01/2005 $1
680 River Dr, Elmwood Park 6,456 02/16/2007 $1
57 Chamberlain Ave, Elmwood Park 1,944 07/25/1991 $202,500
61 Chamberlain Ave, Elmwood Park 2,492 06/22/2016 $38,000
5 Slater Dr, Elmwood Park
38 Market River Rd, Elmwood Park 26,816 05/03/2017 $21,636,800
33 Chamberlain Ave, Elmwood Park 1,638 04/26/2016 $350,000
670 River Dr, Elmwood Park
20 Spruce St, Elmwood Park 1,496
39 Chamberlain Ave, Elmwood Park 1,932 10/17/2007 $1
43 Chamberlain Ave, Elmwood Park 1,522 11/17/2018 $310,000
63 Chamberlain Ave, Elmwood Park 1,632
273 Lee St, Elmwood Park 2,400 11/30/2006 $1
26 Spruce St, Elmwood Park 2,144 02/27/2007 $410,000
51 Chamberlain Ave, Elmwood Park 2,408
40 Slater Dr, Elmwood Park 20,982
41 Slater Dr, Elmwood Park 08/28/2024 $40,000,000

Nearby ZIP Codes for 551 River Drive, Elmwood Park

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