Israel Police have located a suspicious vehicle on Wednesday on Gani Hatchelat Street in Herzliya.
Additional police forces were called to the scene searched the vehicle and discovered that it was carrying an explosive device.
Police concluded that the incident was criminal in nature after an investigation.
The intended target is still yet to be determined, according to Israeli police.
Just two weeks ago, an explosive device exploded in a Tel Aviv building, which is home to the mother of a known criminal. The criminal has close ties to, Naor Sukar, a primary player in the gang war that has continued in the last months Ramat Gan.
There were no casualties in the incident and the police suspected that the background was a criminal incident.
In a video circulated via Walla news, a man wearing a motorcycle helmet sprinkles explosives at the building entrance in a quiet neighborhood, detonating it while fleeing the scene. Following the explosion, a large fire broke out in the building.