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    2252 Hamburg Tpke Wayne, NJ 07470

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    For Sale
    $1,750,000

    Modern retail building with strong rental income and high traffic.

    Property size:
    4,340 SF
    Lot size:
    0.97 Acres

    Property Features for 2252 Hamburg Tpke

    General Information

    Size
    4,340 SF
    Lot size
    0.97 Acres

    Source: RE/MAX Select Agent Patrick Varelas

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

    Overview

    Modern Retail Building on Hamburg Tpke

    This recently constructed and modernized building is located on Passaic County's main thoroughfare, offering an investment opportunity or space for an owner-occupied business with rental income. Constructed in the late 90s with a front portion added in 2008, the property features natural light and signage opportunities on Hamburg Turnpike. On-site parking is available. The property experiences over 22,000 vehicles per day in traffic volume. Neighboring businesses include QuickChek, Mavis Discount Tire, and Wendy's. The property has a size of 4,340 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Elite Automotive Repair Auto Repair Shop Salon Marc Joseph Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2766885
    Latitude
    40.984795

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    FAQs

    What type of property is this?
    Storefront property - Modern retail building with strong rental income and high traffic.
    Where is this storefront property located?
    The property is located at 2252 Hamburg Tpke Wayne, NJ.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Strong rental income from two long-term tenants.; - Prime location on Passaic County's main thoroughfare (Hamburg Tpke).; - High traffic count: Over 22,000 vehicles per day (VPD).
    (201) 400-5344
    Request Owner's contact information
    2252 Hamburg Tpke Wayne, NJ 07470
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    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
    2252 Hamburg Tpke Wayne, NJ 07470
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