Professional Office Units with
1103 Ringwood Ave, Haskell, NJ 07420
For Sale
Contact for pricing
Ground-floor workspace includes reception, private offices, and a staff kitchen.
Property Size10,000 SF
Price / SF$0.22
Days on Market48
Property Features for 1103 Ringwood Ave
General Information
Standard status
Size
Listing Agency:
C-21 CREST REAL ESTATE, INC.
Listed By:
MARIE EPISALE
(973) 646-7423
Source:
Luminancerealty
Added: Sep 20
Changed: Oct 25
Last Checked: Oct 5 at 10:55PM
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 C-21 CREST REAL ESTATE, INC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional office configuration at 1103 Ringwood Ave includes a reception and waiting area, two enclosed offices, an open work area, a conference space, staff kitchen, and private restroom. The layout combines client-facing areas with dedicated workspaces and includes interior access to a full basement for storage.
A ground-floor entrance provides convenient access to the office units. Immediate occupancy is available, making the property suitable for an operating office user seeking reception space, private rooms, collaborative workspace, and on-site storage in one location.
A ground-floor entrance provides convenient access to the office units. Immediate occupancy is available, making the property suitable for an operating office user seeking reception space, private rooms, collaborative workspace, and on-site storage in one location.
Key Highlights
- Reception and waiting area for client‑facing operations
- Two private offices plus a large open workspace
- Conference area, staff kitchen, and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,000
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,000
$3.1M
Cap Rate 7%
$2,185,714
$2.2M
Cap Rate 9%
$1,700,000
$1.7M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$300.0K $30.00/SF
− Vacancy
−$96.0K −$9.60/SF
EGI
$204.0K $20.40/SF
− OpEx
−$51.0K −$5.10/SF
NOI
$153.0K $15.30/SF
Area
Passaic County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,000
Cap Rate 7%
$2,185,714
Cap Rate 9%
$1,700,000
Alternative Uses
Best Use
Office B
$2.19M
$1.91M – $2.55M
NOI $153,000 @ 7.0% cap · market cap 6,954.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,784 @ 7.0% cap · market cap 8,308.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Explore this area
Business Placement
Demographics for 07420, NJ
5,053
Population
1,873
Households
2.7
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
2,105
Density / Sq Mi
$106,915
Median Household Income
$49,313
Median Earnings
$1,788
Median Rent
$344,700
Median Home Value
Market
Average Price Trend$/SF for Office Units in Passaic County, NJ
Properties on Market for Office Units in Passaic County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-floor workspace includes reception, private offices, and a staff kitchen.
Where is this office unit located?
The property is located at 1103 Ringwood Ave Haskell, NJ.
What are key features of this property?
This property features: Reception and waiting area for client‑facing operations; Two private offices plus a large open workspace; Conference area, staff kitchen, and private restroom
