Renovated Freestanding Office
132 W Greenbrook Rd Caldwell, NJ 07006
132 W Greenbrook Rd, Caldwell, NJ, 07006
$799,900
For Sale
$799,900
Renovated office building with finished basement and parking.
Property Size4,100 SF
Lot Size1.48 Acres
Price / SF$195.10
Days on Market347
Property Features for 132 W Greenbrook Rd
General Information
- Standard status
- Active
- Size
- 4,100 SF
- Lot size
- 1.48 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing Agency
FALLIVENE AGENCY INC.
(973) 882-1117
Listed by
GLENN S FALLIVENE
Source
Corcoran
Added: Aug 5, 2025 Checked: Jul 17 at 3:40 am
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 FALLIVENE AGENCY INC.
Investment Insights
Based on property information with market context.
This is a totally renovated freestanding office building featuring a kitchenette, reception area, and two powder rooms. It includes a conference room, seven private offices with a deck, and a finished basement with a conference room and two additional offices. The property benefits from 14 parking spaces and a new brick paver walkway. The landscaping is professionally maintained. The building size is 4100 square feet. Any use of the property is subject to town approval. The property is also available for rent.
Key Highlights
- Totally renovated freestanding office building.
- Features 14 parking spaces.
- Includes kitchenette, reception area, conference room, and 7 private offices with deck.
Local 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 | $123.0k | $30.00 |
| − Vacancy | −$39.4k | −$9.60 |
| EGI | $83.6k | $20.40 |
| − OpEx | −$20.9k | −$5.10 |
| NOI | $62.7k | $15.30 |
4,100 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$896.1K
$784.1K – $1.05M
NOI $62,730 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$936.8K – $1.25M
NOI $74,941 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Renovated office building with finished basement and parking.
Where is this office building located?
The property is located at 132 W Greenbrook Rd Caldwell, NJ.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Totally renovated freestanding office building.; Features 14 parking spaces.; Includes kitchenette, reception area, conference room, and 7 private offices with deck.
