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    71 Union Ave Rutherford, NJ 07070

    For Sale
    Contact for pricing

    Modern Suites, Excellent Amenities, Great Access

    Property size:
    32,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 32,000 square foot office building at 71 Union Avenue in Rutherford, NJ, offers a unique opportunity for medical and professional practices seeking modern, well-appointed space. The building has undergone a complete renovation, boasting energy-efficient LED lighting throughout and two convenient elevators for easy access to all floors. Suites ranging from approximately 1,000 to 3,000 square feet are available, providing flexibility for businesses of various sizes. The building enjoys a strong tenant roster, including dermatology, physical therapy, orthodontics, pain management, gastroenterology, and women's health practices, creating a vibrant and collaborative environment. A partially covered parking lot provides ample parking for tenants and clients. Accessibility is a key feature, with accessible bathrooms located on each floor for convenience and compliance. The building's strategic location offers easy access to major transportation arteries, including Routes 17 and 3, placing tenants within easy reach of a wide range of clients. Downtown Rutherford is also just a short distance away, providing convenient access to lunch options, banking facilities, and shopping amenities. Tenants are responsible for their own utilities, calculated on a per-square-foot basis. The asking price for the entire building is $31 million. This is a rare opportunity to secure prime office space in a thriving, well-established location.

    Property Features for 71 Union Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    32,000 SF
    Lot Size
    36,155 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triveni IT Software Company Arthonsys Technologies Software Company Keenan & Doris Attorney Datatusk Software Company Spinal Alternatives Medical Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.10378
    Latitude
    40.83041

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Suites, Excellent Amenities, Great Access
    Where is this office property / space located?
    The property is located at 71 Union Ave Rutherford, NJ.
    What is the asking price?
    The asking price for this property is $31.
    (732) 203-1500
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    71 Union Ave Rutherford, NJ 07070
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    Realmo Value Estimation

    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.

    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.

    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
    71 Union Ave Rutherford, NJ 07070
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