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107 Washington Ave, Little Ferry, NJ, 07643

--beds
--baths
--sqft
$820,000
--price/sqft
$5,832/moest. monthly cost
$233,280/yrincome needed

About This Home

Exceptional mixed-use investment opportunity in the heart of Little Ferry. Positioned in a high-visibility, high-traffic location, this well-maintained commercial property offers the perfect blend of stable income, strong exposure, and long-term upside. The ground-level retail space is occupied by a successful, established Korean fried chicken business generating reliable rental income of $3,300/month, while the second-floor residential unit features a recently fully renovated 3-bedroom, 2-bath layout currently producing $2,900/month. With both units fully occupied, low-maintenance operations, and manageable property taxes, this asset presents an outstanding opportunity for investors seeking immediate and consistent cash flow. Additional highlights include a private parking lot dedicated to tenants and customers, excellent street presence, and exceptional daily vehicle traffic that enhances visibility for the retail business. Conveniently located near major highways, local businesses, and commuter routes, this is a rare opportunity to own a strong income-producing property in a thriving Bergen County location.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

6/10
Memorial Middle SchoolGrades 5-80.3 mi
6/10

Construction

Materials

  • Roof: See Remarks

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,146$49,752
Home Insurance *$202$2,424
Property Taxes $1,291$15,492
Electricity $193$2,318
Total$5,832$69,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,954/yr
40% on housing$174,960/yr
45% on housing$155,520/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07643$363
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07643$391
Bergen County$452

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Price change$820,000
2026-05-20Listed for sale$850,000
2025-11-08Listing removed$999,000
2025-05-19Price change$999,000
2025-04-09Price change$1,090,000
2025-01-28Listed for sale$1,390,000
2018-08-03Listing removed$495,000
2018-06-20Listed for sale$495,000
2017-06-13Sold$710,000
2017-01-24Listing removed$379,000
2016-09-01Price change$359,000
2016-06-16Listed for sale$389,000
2015-03-19Listing removed$469,500
2014-09-23Listed for sale$469,500

For Sale by Agent

AgentKay Suh
BrokerageRE/MAX NOW - Palisades Park

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