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Medical Office with Exam Rooms
For Lease
$3,599,000

101 Grand Avenue, Palisades Park, NJ 07650

The facility includes patient reception, support areas, and a lower level with administrative offices and storage.

Space SizeContact for details
Days on Market427

Property Features for 101 Grand Avenue

General Information

Standard status Active
Property subtype Office

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Space Use Medical Office
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $43,497

Amenities

shower
handicap-accessible chair lift
laundry room
rec/cafeteria room
Listing Agency: The Agency One Rock-Fort Lee
Listed By: Sara Shin
Source: Tkregroupinc
Added: Sep 3, 2025 Changed: Nov 1 Last Checked: Nov 1 at 4:07PM

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 The Agency One Rock-Fort Lee

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Investment Insights

Based on property information with market context.

Configured for medical office use, the building has 10 exam rooms, an open area for equipment, and a waiting room with a reception desk. Three restrooms include one with a shower. Additional features include an accessible chair lift, laundry room, and multiple utility and storage areas. The lower level contains administrative offices, storage, a recreation and cafeteria room, and laundry facilities.

The site consists of two adjoining lots measuring 41x150 and 30x78. More than 30 parking spaces are located at the rear and side of the building. Routes 46, 80, and 95, along with the New Jersey Turnpike, provide regional access. Public transit, shops, restaurants, and proximity to New York City are also noted. The property is offered as is.

Key Highlights

  • 10 exam rooms and open area for additional equipment
  • Large waiting room with reception desk
  • Three restrooms, including one with a shower

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Elite Physical Medicine Alternative Medicine Practice Dr. William K. ... Alternative Medicine Practice

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Fish Market Clothing & Fashion Store Tanning Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,925
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07650, NJ

20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - The facility includes patient reception, support areas, and a lower level with administrative offices and storage.
Where is this medical office space located?
The property is located at 101 Grand Avenue Palisades Park, NJ.
What is the lease rate?
The lease rate is $3,599,000.
What are key features of this property?
This property features: 10 exam rooms and open area for additional equipment; Large waiting room with reception desk; Three restrooms, including one with a shower
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