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Eric Hotaling
erichotaling@kw.com$ 865,000
Est. payment | /mo
5,928 SqFt
$ 865,000
Est. payment | /mo
5,928 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,928 sqft
Price per Sqft $145
MLS Listing ID 4044945
Year Built 1962
Annual Tax Amount $30,972
Tax Year 2025
Property Description
Rare opportunity to acquire a stabilized, 100% leased office investment on one of the most visible and well-traveled corridors. This 5,500 SF building offers immediate in-place income with quality tenancy. Positioned directly on Northfield Ave, the property benefits from strong daily traffic counts, signage visibility, and easy access to multiple highways. The exclusive parking lot is a standout feature with 20 parking spaces plus room to expand, which is well above what comparable office buildings in this market can offer. Building highlights include two-story construction, private offices, conference rooms, kitchenettes, and multiple restrooms throughout the building. Each unit is separately metered. Ideal for a 1031 exchange buyer, private investor, or owner-user seeking future occupancy. Current rent roll and expense history available upon request.
Location
State NJ
County Essex
Zoning R-5
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air
Equipment Fire Alarm, Restrooms - Private, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by CENTURY 21 VENTURE REAL ESTATE