132 Bergen Fairview, NJ 07022

Listing Agency KNC REALTY LLC k***@gmail.com Show Phone

Listed by KEN GHILHO CHOI

Source Corcoran

Added: Oct 10, 2025 Checked: Jul 19 at 3:30 am

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Investment Insights

Based on property information with market context.

This investment property is located on Bergen Blvd in Fairview, bordering Hudson County. It is suitable for a 1031 exchange and is located in an Opportunity Zone. The property is fully occupied, with the shortest lease expiring on January 31, 2028. The net operating income is approximately $271,352, with a cap rate of about 6.1%. The building was renovated some years ago with 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. The property features 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.

Key Highlights

• Steady investment property in Bergen County with all units occupied and leases expiring in over three years.
• Net Operating Income of approximately $271,352 with a Cap Rate of approximately 6.1%.
• Located in an Opportunity Zone, suitable for a 1031 exchange.

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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 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 in Bergen County with all units occupied and leases expiring in over three years.; Net Operating Income of approximately $271,352 with a Cap Rate of approximately 6.1%.; Located in an Opportunity Zone, suitable for a 1031 exchange.