Dental Office on Route
539-553 Rte 70 W River Edge, NJ
For Sale
Contact for pricing
Freestanding, fully equipped dental office in a high-traffic area.
Property Size1,031 SF
Lot Size0.14 Acres
Price / SF$387.97
Days on Market1281
Property Features for 539-553 Rte 70 W
General Information
Standard status
Active
Size
1,031 SF
Lot size
0.14 Acres
Property subtype
OFFICE
Listing Agency:
Vantage Commercial
(609) 457-9816
Listed By:
Emily Stein · License #NJ 1865294
(609) 457-9816
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:59AM
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 Vantage Commercial
Investment Insights
Based on property information with market context.
This is a highly visible, freestanding, fully equipped dental office located within a densely populated area. The property includes on-site parking. Recent equipment upgrades have been made, and equipment and instruments are included. The office features 3 operatories with the potential for a fourth. It is situated in close proximity to major retail shopping centers and restaurants. The property has a size of 1031 square feet.
Key Highlights
- Fully equipped dental office with recent equipment upgrades and instruments included.
- Highly visible, free‑standing building in a densely populated area.
- Three operatories with potential for a fourth.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.9k | $30.00 |
| − Vacancy | −$9.9k | −$9.60 |
| EGI | $21.0k | $20.40 |
| − OpEx | −$5.3k | −$5.10 |
| NOI | $15.8k | $15.30 |
1,031 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$225.3K
$197.2K – $262.9K
NOI $15,774 @ 7.0% cap · market cap 3.94%
Second Best
Healthcare Medical
$219.3K
$191.9K – $255.9K
NOI $15,351 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$269.2K
$235.6K – $314.1K
NOI $18,845 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding, fully equipped dental office in a high-traffic area.
Where is this medical office space located?
The property is located at 539-553 Rte 70 W River Edge, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Fully equipped dental office with recent equipment upgrades and instruments included.; Highly visible, free‑standing building in a densely populated area.; Three operatories with potential for a fourth.
