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    365 Franklin Ave Wyckoff, NJ 07481

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    Claim this Listing
    New
    For Lease
    $1,850 /Mo

    Commercial - Wyckoff Twp., NJ

    Property size:
    200 SF
    Lot size:
    0.51 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 25 at 10:06 am

    Property Features for 365 Franklin Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    -
    Standard status
    Active
    Size
    200 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    36200

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Architectural style
    Other

    We can help!

    Listing Contact
    CANDACE WINDER

    Listing agent CANDACE WINDER

    Listing office EXP REALTY, LLC 28 VALLEY ROAD, Montclair, NJ

    Listing date Apr 23, 2026

    MLS# 4022891 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Wellness Suite in Bergen

    This turnkey private suite, encompassing 200 square feet, is located within The Collective, a curated sanctuary for wellness, beauty, and holistic health professionals. Situated in Wyckoff Twp., Bergen County, NJ, the space offers a fully realized environment without the complexities of building or managing a location. Designed with both practitioner and client experience in mind, the suite features natural light, cork flooring, and a refined aesthetic suitable for high-quality care. It is well-suited for acupuncture, functional medicine, or private beauty and wellness sessions, and can also serve as a secondary or satellite location. The offering includes a complete brand environment with utilities, shared amenities, and a cohesive luxury buildout. Practitioners benefit from operational ease with on-site laundry, cleaning services, property management, and access to a welcoming waiting area and well-maintained bathrooms. A shared retail space allows for product display, while events, education, and yoga classes create visibility and connection. The property is located on a 0.51-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hallmark Floor Company Carpet & Flooring Store Counseling Centers Inc Counselor Martin F. Klapper, ... Foster Care Service Karen G. Peterson ... Foster Care Service Nutrition Matters LLC Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Accelerated Changes Co LLC — 700 Godwin Ave Suite 230, Midland Park, NJ 07432
    • B|C Acupuncture Wellness — 393 Crescent Ave Suite L, Wyckoff, NJ 07481
    • Melissa Wellness Beauty — 365 Franklin Ave 2nd floor unit 205, Wyckoff, NJ 07481
    • daywel — 678 Wyckoff Ave, Wyckoff, NJ 07481
    • Trinity Rehab- Wyckoff, New Jersey — 327 Franklin Ave Suite 8, Wyckoff, NJ 07481

    Location Insight

    • Map
    • Local Demand
    City
    Wyckoff
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.17001
    Latitude
    41.00963

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    FAQs

    What type of property is this?
    Spa & wellness property - Private, fully-equipped wellness suite in a supportive community.
    Where is this spa & wellness property located?
    The property is located at 365 Franklin Ave Wyckoff, NJ.
    What is the lease rate?
    The lease rate is $1,850 /Mo.
    What are key features of this property?
    This property features: Turnkey private wellness suite (200 sq ft) ready for immediate use.; Part of The Collective, a curated sanctuary providing a supportive community.; Includes utilities, shared amenities, waiting area, and well‑maintained bathrooms.
    (866) 201-6210
    We can help!
    Listing Contact
    CANDACE WINDER
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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