Occupied 1031 Exchange
For Sale
$3,890,000
132 Bergen Boulevard, Fairview, NJ 07022
Renovated, fully leased commercial asset with staggered lease expirations and upgraded building systems.
Property SizeContact for details
Days on Market168
Property Features for 132 Bergen Boulevard
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Net Operating Income
$276,344
Financials
Cap Rate
7.1%
Opportunity Zone
Yes
Additional Details
Road Access
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$80,000
Amenities
loading dock
overhead doors
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
KNC Realty LLC
(201) 424-0488
Listed By:
Ken Ghilho Choi · License #NJ2078479
(201) 424-0488
Source:
Betterhomerealestate
Added: Mar 16
Changed: Aug 29
Last Checked: Aug 25 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 KNC Realty LLC
Investment Insights
Based on property information with market context.
This 1031 exchange property is fully occupied, with lease terms extending beyond three years and the earliest stated expiration on January 31, 2028. The building was renovated with a new gas heating system, updated plumbing, a sprinkler system, LED lighting, refreshed wall and ceiling finishes, polished hardwood floors, and new toilets throughout the bathrooms. An Opportunity Zone designation is also noted.
The property is located at 132 Bergen Boulevard in Fairview, bordering Hudson County and situated in Bergen County. Building functionality includes one loading dock on the first floor and three overhead doors at ground level. Clear heights measure 16 feet on the ground floor and 12 feet on the first floor. The stated cap rate is approximately 7.1%.
The property is located at 132 Bergen Boulevard in Fairview, bordering Hudson County and situated in Bergen County. Building functionality includes one loading dock on the first floor and three overhead doors at ground level. Clear heights measure 16 feet on the ground floor and 12 feet on the first floor. The stated cap rate is approximately 7.1%.
Key Highlights
- Fully occupied with lease expirations extending beyond three years
- Earliest stated lease expiration: January 31, 2028
- Renovated with new gas heating, plumbing, sprinklers, LED lighting, and bathroom fixtures
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,985
Businesses Nearby
Explore this area
Business Placement
Demographics for 07022, NJ
15,025
Population
5,724
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
74%
High-School Grad
0.8 sq mi
ZIP Area
18,781
Density / Sq Mi
$64,152
Median Household Income
$37,022
Median Earnings
$1,597
Median Rent
$512,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
1031 exchange property - Renovated, fully leased commercial asset with staggered lease expirations and upgraded building systems.
Where is this 1031 exchange property located?
The property is located at 132 Bergen Boulevard Fairview, NJ.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: Fully occupied with lease expirations extending beyond three years; Earliest stated lease expiration: January 31, 2028; Renovated with new gas heating, plumbing, sprinklers, LED lighting, and bathroom fixtures
