Listed By:
Mohamed Eisa with Triumph Group Real Estate, LLC - (201) 482-6900
Address
143 Anderson Avenue, Fairview, NJ
Price
$ 1,150,000
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

Property vs Commercial Average in 07022

Price
AVG $230K
$1.15M
Taxes
AVG $11,897
$11,576
Visits
AVG 70
131
Data Provided by Inside Real Estate®
Walkscore
AVG 77
84
Data Provided by Walkscore® not using MLS data

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