Well-Maintained Commercial Property For
For Sale
$749,000
12 River Rd, Fair Lawn, NJ 07410
3,800 sq ft commercial property suitable for various organizations.
Property Size3,800 SF
Price / SF$197.11
Days on Market535
Property Features for 12 River Rd
General Information
Standard status
Active
Size
3,800 SF
Building Details
Year Built
1800
Listing Agency:
KELLER WILLIAMS VILLAGE SQUARE
Listed By:
FASIL KHAN
Source:
Corcoran
Added: May 19, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 KELLER WILLIAMS VILLAGE SQUARE
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Investment Insights
Based on property information with market context.
This well-maintained, 3,800 sq ft commercial property is currently tax-exempt due to nonprofit use. The building is suited for congregations, community organizations, or investors seeking a function space with long-term potential. The main level features a reception area with two offices and a gathering room suitable for meetings or group sessions, along with two bathrooms, including one in the main office. The second level, accessible via a separate entrance, contains five ample offices and one bathroom. The lower level, also with a separate entrance, includes two storage rooms, two filing rooms, a conference room with a kitchenette, and one bathroom. Each level has its own dedicated central air and heating system, allowing for efficient climate control and potential for multi-tenant use. The property also offers up to 12 on-site parking spaces. This well-located property offers flexible layout options.
Key Highlights
- 3,800 sq ft Commercial Property with flexible layout options.
- Potential for multi‑tenant use with separate entrances and dedicated HVAC systems.
- Up to 12 on‑site parking spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,140
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,800
$1.2M
Cap Rate 7%
$830,571
$830.6K
Cap Rate 9%
$646,000
$646.0K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$114.0K $30.00/SF
− Vacancy
−$36.5K −$9.60/SF
EGI
$77.5K $20.40/SF
− OpEx
−$19.4K −$5.10/SF
NOI
$58.1K $15.30/SF
Area
Bergen 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%
$1,162,800
Cap Rate 7%
$830,571
Cap Rate 9%
$646,000
Alternative Uses
Best Use
Office B
$830.6K
$726.8K – $969.0K
NOI $58,140 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$992.3K
$868.2K – $1.16M
NOI $69,458 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
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Business Placement
Demographics for 07410, NJ
34,927
Population
12,392
Households
2.8
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
6,848
Density / Sq Mi
$147,952
Median Household Income
$75,865
Median Earnings
$1,908
Median Rent
$532,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Church & religious facility - 3,800 sq ft commercial property suitable for various organizations.
Where is this church & religious facility located?
The property is located at 12 River Rd Fair Lawn, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,800 sq ft Commercial Property with flexible layout options.; Potential for multi‑tenant use with separate entrances and dedicated HVAC systems.; Up to 12 on‑site parking spaces.
