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    204 Berdan Ave Wayne, NJ 07470

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    For Sale
    $1,875,000

    Prime office building in a thriving Wayne, New Jersey location.

    Property size:
    5,000 SF
    Lot size:
    1.08 Acres

    Property Features for 204 Berdan Ave

    General Information

    Size
    5,000 SF
    Lot size
    1.08 Acres

    Source: Amerisource Realty Network LLC Agent Kris Santana

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

    Overview

    Freestanding Office Building in Wayne

    This freestanding office building is centrally located in Wayne, New Jersey, offering excellent visibility and accessibility. The property is surrounded by a variety of amenities, including restaurants, shops, and professional services. The building's layout is flexible and suitable for a wide range of business needs, and can be easily customized to meet specific requirements, whether open-plan areas, private offices, or a combination of both are needed. Ample parking space ensures hassle-free access for staff and visitors. Wayne is a thriving community with a strong local economy, offering numerous opportunities for networking and expansion. A major redevelopment plan is coming soon to the Hamburg Turnpike area.
    Insight Report Location Intelligence

    Current Use by Public Records

    NCJAR Wayne Association / Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2431657
    Latitude
    40.9667414

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    FAQs

    What type of property is this?
    Office building - Prime office building in a thriving Wayne, New Jersey location.
    Where is this office building located?
    The property is located at 204 Berdan Ave Wayne, NJ.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: - Prime Location in Wayne, NJ, offering excellent visibility and proximity to amenities.; - Abundant parking space ensures convenient access.; - Versatile Space: Flexible layout suitable for various business needs.
    (973) 335-5533
    Request Owner's contact information
    204 Berdan Ave Wayne, NJ 07470
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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
    204 Berdan Ave Wayne, NJ 07470
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