132 Bergen Blvd, Fairview, NJ 07022
132 Bergen Blvd, Fairview, NJ 07022Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
23,400 SF 100% Leased Industrial Building Fairview, NJ 07022 $4,675,000 ($199.79/SF) 6.01% Cap Rate
Good for the 1031 exchange property ( OPPORTUNITY ZONE applied). Rare to find the steady investment property in Bergen County. All occupied with lease expiry for more three years .( the shortest one will expire on Jan 31 2028 ) . Net Operating income : about $ 281,000 ( Cap rate : about 6 % ). Great location on Bergen Blvd in Fairview bordering Hudson County. Totally renovated inside some years ago (New gas heating system , new plumbing, Sprinkler system, new LED lighting, fresh painting on wall, ceiling, newly polished hardwood floor, new toilets in all bathrooms). 1 loading dock( 1st fl) + 3 O/H door( ground fl). ceiling height : 16 ft ( ground Fl ), 12 ft ( 1st Fl)
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Property Details
- Price per sqft: $199.79
- Year built: 1953/2020
- Sale Type: Investment
- Cap Rate: 6.01%
- Lot Size: 0.40 AC
- Building Class: C
- Property Subtype: Warehouse
- Parking Ratio: 0.64/1,000 SF
- Opportunity Zone: Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
- Zoning: RB
Highlights
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- opportunity zone
- NOI $ 281,000
- All Occupied. Good investment property
Property Taxes
- Parcel Number: 18-00329-0000-00009
- Land Assessment: $639,000
- Improvements Assessment: $2,853,400
- Total Assessment: $3,492,400
Agent
Ken Choi
KNC Realty LLC
Location
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