Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Professional Office Space For Rent Title is generated by Realmo AI

    65 E Northfield Rd, Livingston, NJ 07039

    View on Map
    Claim this Listing
    For Lease
    $1,500/Mo $1.31 SF/Yr (calc)

    785 SF office space in serene medical office park.

    Type:Commercial
    Property size:
    13,690 SF
    Lot size:
    1.48 Acres
    Added:
    Mar 5, 2025
    Days on Market:
    456
    Last Refresh:
    May 11 at 1:08 am

    Property Features for 65 E Northfield Rd

    General Information

    Standard status
    Active
    Size
    13,690 SF
    Lot size
    1.48 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    CALVIN WINGO

    Listing agent CALVIN WINGO

    Listing office COLDWELL BANKER REALTY

    Listing date Mar 5, 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 COLDWELL BANKER REALTY

    HighLights

    • Excellent location near Summit Medical Building and St. Barnabas Hospital.
    • Updated and inviting exterior with landscaping.
    • 785 SF 2nd floor office space suitable for professional services.
    • Part of a serene, private medical office park.
    • Walkable to shopping, dining, and personal services.
    • Opportunity to service a local customer base.

    Overview

    Located on E Northfield Road, this 785 SF 2nd-floor office space is available for professional services within a serene "private campus" medical office park. The property features an updated and inviting exterior with landscaping. The location is near the new Summit Medical Building and minutes from St Barnabas Hospital and several large office buildings. Shopping, dining, and personal services are within walking distance. The property offers an opportunity to service a local customer base. There are 44 shared parking spaces. The property is suitable for medical offices and general office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Needle Acupuncture Physician Kozar John M ... Dental Office Givner Family Dental Dental Office Livingston Chiropractic and Rehabilitation ... Alternative Medicine Practice SMPLY Occupational Therapy Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Essex
    State
    New Jersey
    Longitude
    -74.3213
    Latitude
    40.7737

    Nearby Similar for Lease

    • Contact for pricing
      25,991 SF

      Livingston Flex Space For Lease

      4,000 SF flex space ideal for warehousing or distribution.
      1 Naylon Place, Livingston, NJ 07039
      View Details
    • $5,000/Mo
      2,000 SF

      Turnkey Commercial Space Available

      2,000 sq ft commercial space ready for immediate occupancy.
      398 Livingston, Livingston, NJ 07039
      View Details
    • $2,530/Mo
      1,046 SF

      Renovated Office Space in Livingston

      Renovated commercial office space for lease in Livingston, NJ.
      209 S. Livingston Ave, Livingston Twp., NJ 07039
      View Details
    • $3,300/Mo
      850 SF

      Restaurant Space with Outdoor Seating

      850 sq ft restaurant space with outdoor seating available.
      34 S Livingston Ave 1-A, Livingston Twp., NJ 07039
      View Details
    • $2,000/Mo
      300 SF

      Salon Suite Inside Dieci Spa

      300 SF suite inside established salon and spa.
      90 W Mount Pleasant Ave, Livingston Twp., NJ 07039
      View Details
    • $2,600/Mo
      700 SF

      Retail Space Near Redevelopment Site

      700 SF retail space near potential residential redevelopment.
      34 S Livingston Ave 1-B, Livingston Twp., NJ 07039
      View Details
    • $21 SF/Yr
      1,150 SF

      Livingston Office Space For Lease

      Office space available for lease in Livingston, New Jersey.
      615 W Mount Pleasant Ave, Livingston, NJ
      View Details
    • $27 SF/Yr
      830 SF

      Livingston Office Space For Rent

      Office space available for lease in Livingston, New Jersey.
      513 W Mt Pleasant Ave, Livingston, NJ 07039
      View Details
    • $500/Mo
      200 SF

      Three Garages Available For Rent

      Three garages available for contractors or storage. Utilities included.
      79 W Mount Pleasant Ave, Livingston Twp., NJ 07039
      View Details
    • Contact for pricing
      385,000 SF

      Class A Corporate Campus

      Class A office space with comprehensive amenities in Livingston, NJ.
      290 West Mount Pleasant Avenue, Livingston, NJ, 07039
      View Details
    • $7,237/Mo
      16,642 SF

      Professional Office/Flex Space Available

      Corner flex space with excellent visibility and highway access.
      18 Microlab Rd, Livingston Twp., NJ 07039
      View Details
    • $2,530/Mo

      Downtown Livingston Medical Office Space

      Renovated office space suitable for medical or business professionals.
      209 S. Livingston Ave, Livingston Twp., NJ 07039
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 785 SF office space in serene medical office park.
    Where is this medical office space located?
    The property is located at 65 E Northfield Rd Livingston, NJ.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: Excellent location near Summit Medical Building and St. Barnabas Hospital.; Updated and inviting exterior with landscaping.; 785 SF 2nd floor office space suitable for professional services.
    (973) 778-4500
    We can help!
    Listing Contact
    CALVIN WINGO
    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
    65 E Northfield Rd, Livingston Twp., NJ 07039
    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!