
Property Attributes
- ID#23012354
- TypeCommercial
- CountyBERGEN
- CityFairview
- AreaFairview
- Zip07022
- StyleOffice
- Taxes$ 11576
- Price$ 1,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
New Jersey MLS (NJMLS)
Property Description
Opportunity to Acquire Well-Located, Income-Producing Property in Fairview, NJ. This beautiful corner property is located on Anderson Ave in Fairview, NJ on a busy main street. The building was recently renovated & is currently occupied by a Pain Management doctor. The tenant is on a triple net lease, which makes this an ideal investment to be added to any portfolio, earning a 5.74% cap rate. The property features 1,982 sqft of space & comes with six parking spaces. It is located in a highly desirable area with easy access to major highways & public transportation. The property is also close to a variety of businesses & amenities, making it a great location for any business. The tenant is a well-established Pain Management doctor with a lease ending in Feb '25. The triple net lease structure means that the tenant is responsible for all taxes, insurance, & maintenance, which makes this a very low-maintenance investment. Space can be subdivided to accommodate multiple tenants.
Price History | |
---|---|
4/27/2023 | Listed $1,150,000 |
General Features
Area | 0218 |
---|---|
Complex Name | None |
Proptype | 5 |
Status | ACTIVE |
Style | Office |
Tax | 11576 |
Utilities | O/See Rmks |
Interior Features
Heating/Cooling | Central Air, Gas |
---|
Exterior Features
Flood Plain | None |
---|---|
Substyle | Medical |
Waterfront | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool