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132 Bergen Blvd Fairview, NJ 07022

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For Sale
$4,475,000

Steady investment property in Bergen County with long-term tenants.

Source: KNC Realty LLC

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


Overview

Bergen County Investment Property

This Bergen County investment property is suitable for a 1031 exchange and is located in an Opportunity Zone. The property is fully occupied, with leases expiring in over three years, the shortest of which expires on January 31, 2028. The net operating income is approximately $269,144, with a cap rate of about 6%. Situated on Bergen Boulevard in Fairview, it borders Hudson County. The building was renovated some years ago, featuring a new gas heating system, new plumbing, a sprinkler system, new LED lighting, fresh paint on the walls and ceiling, newly polished hardwood floors, and new toilets in all bathrooms. It includes one loading dock on the first floor and three overhead doors on the ground floor. The ceiling height is 16 feet on the ground floor and 12 feet on the first floor.
Insight Report Location Intelligence

Current Use by Public Records

Transcend Active Lifestyle Clothing Store Three Habitats Party Equipment Rental Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Fairview
County
Bergen
State
New Jersey
Longitude
-74.0021614
Latitude
40.815827

FAQs

What type of property is this?
1031 exchange property - Steady investment property in Bergen County with long-term tenants.
Where is this 1031 exchange property located?
The property is located at 132 Bergen Blvd Fairview, NJ.
What is the asking price?
The asking price for this property is $4,475,000.
What are key features of this property?
This property features: - Steady investment property with all units occupied and leases expiring in over three years.; - Net Operating Income (NOI) of approximately $269,144 with a Cap Rate of about 6%.; - Located in an Opportunity Zone, making it suitable for a 1031 exchange.
More about this property
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