Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fair Lawn Strip Mall Investment Title is generated by Realmo AI

    10-16 River, Fair Lawn, NJ 07470

    View on Map
    Claim this Listing
    For Sale
    $1,850,000

    Strip mall in high-traffic area, fully leased, tenant-paid utilities.

    Type:Commercial
    Added:
    Nov 15, 2025
    Days on Market:
    201
    Last Refresh:
    Apr 5 at 8:28 pm

    Property Features for 10-16 River

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    JINGU SEO

    Listing agent JINGU SEO

    Listing office ALPINE MC REALTY LLC

    Listing date Nov 15, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ALPINE MC REALTY LLC

    HighLights

    • Prime commercial investment property in high traffic location.
    • Four out of five units are leased, with only one retail unit currently vacant.
    • Tenants are responsible for paying their own utilities.
    • Solid strip mall construction.
    • All but one of the retail units are currently leased.
    • Cap rate approximately 6.5%.

    Overview

    This commercial investment property is a strip mall located on a high-traffic street. The property contains 5 retail units, with 4 currently leased. Tenants are responsible for their own utility expenses. The property's capitalization rate is approximately 6.5%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lala Mart Grocery & Convenience Store Zevy's Pizza Restaurant Western Union Bank Puppies & Tattoos Pet Grooming Service Laurine's Locksmith Service Locksmith

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fair Lawn
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1317
    Latitude
    40.93

    Nearby Similar for Sale

    • $789,000
      1,776 SF

      Fully Rented Multi-Family Property

      Multi-family property with strong investment potential and flexible living options.
      13-33 George St 2X, Fair Lawn Boro, NJ 07410-1832
      View Details
    • $1,150,000
      4,350 SF

      Fair Lawn Commercial Property

      Commercial property for sale in Fair Lawn Boro, NJ.
      12-27-31 River Rd, Fair Lawn Boro, NJ 07410-1490
      View Details
    • $3,500,000
      10,000 SF

      Fair Lawn Multi-Tenant Office Property

      Multi-tenant office/commercial property in Fair Lawn, NJ for sale.
      26-07 Broadway, Fair Lawn, NJ 07410
      View Details
    • $180,000
      3,000 SF

      Turnkey Restaurant with Strong Track

      Well-established, fully equipped restaurant in high-traffic area with growth potential.
      17-15 Broadway, Fair Lawn, NJ 07410
      View Details
    • $250,000
      650 SF

      Turn-Key Office Space in Fair Lawn

      Modernized 650 sq. ft. office space in prime location.
      17 River Rd, Fair Lawn Boro, NJ 07410
      View Details
    • $99,999
      800 SF

      Turnkey Restaurant Opportunity in Fair Lawn

      Fully built-out restaurant with proprietary recipes for sale.
      7-09 Fair Lawn, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing
      896 SF

      Fair Lawn Retail Space

      Retail space for sale in Fair Lawn, New Jersey.
      37 Loretto Ave, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing
      896 SF

      Fair Lawn Retail Space

      896 SF retail space available in Fair Lawn, New Jersey.
      37 Loretto Ave, Fair Lawn, NJ 07410
      View Details
    • $2,895,000
      11,600 SF

      Fair Lawn Medical Building Investment

      Well-maintained medical building in high-demand Fair Lawn location.
      25-15 Fair Lawn, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing
      132,168 SF

      Industrial Condo Unit For Sale

      20,316 SF industrial condo unit available for purchase.
      17-09 Zink Pl, Fair Lawn, NJ, 07410
      View Details
    • $70,000

      Established Nail Salon Opportunity

      Turnkey nail salon for sale in high-traffic location.
      2-27 Saddle River, Fair Lawn, NJ 07410
      View Details
    • Contact for pricing

      Fair Lawn Salon/Studio Space

      Salon/studio space in busy area with potential clients.
      13-15 Broadway, Fair Lawn, NJ 07410
      View Details

    FAQs

    What type of property is this?
    Strip mall - Strip mall in high-traffic area, fully leased, tenant-paid utilities.
    Where is this strip mall located?
    The property is located at 10-16 River Fair Lawn, NJ.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Prime commercial investment property in high traffic location.; **Four out of five units are leased**, with only one retail unit currently vacant.; Tenants are responsible for paying their own utilities.
    (201) 429-2999
    We can help!
    Listing Contact
    JINGU SEO
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10-16 River, Fair Lawn, NJ 07470
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!