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Flex Building with Office Layout
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43 South Ave, Fanwood, NJ 07023

Light Industrial-zoned property with an established office configuration and flexibility for several commercial uses.

Property Size3,877 SF
Lot Size0.26 Acres
Days on Market144

Property Features for 43 South Ave

General Information

Standard status Active
Size 3,877 SF
Class Class A
Total Parking Spaces 10
Lot size 0.26 Acres
Property subtype Industrial
Zoning Light Industrial

Building Details

Buildings 1
Building Size 3,877 SF
Listing Agency: Coldwell Banker Commercial NRT Westfield
Listed By: David Labush · License #NJ 1007053
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:35AM

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 Coldwell Banker Commercial NRT Westfield

Investment Insights

Based on property information with market context.

This 3877SF flex property occupies .26 acres and is currently arranged for office use. The interior includes a reception area, waiting room, two executive offices, two conference rooms, 11 additional offices, a secure IT room, bullpen, kitchenette, two bathrooms, storage closets, and basement crawl space. Parking is available for about 10 cars.

The building is located within Fanwood's Commercial Corridor West (CCW) District and carries Light Industrial zoning. Its approved use possibilities include continued office occupancy, retail, professional and service businesses, loft or creative space, light manufacturing, artistic uses, and live-work units. An RAO was issued in January of 2019. Showings require 24 hour notice.

Key Highlights

  • 3877SF Light Industrial building on .26 acres
  • Current office layout with 11 offices, two conference rooms, two executive offices, and a bullpen
  • Parking for about 10 cars

Property Analytics

Current Use

K9 Resorts Corporate ... Corporate Office

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
Balanced
Demand for This Use

Demographics for 07023, NJ

7,774
Population
2,783
Households
2.8
Avg Household Size
41
Median Age
71%
College-Educated
98%
High-School Grad
1.3 sq mi
ZIP Area
5,980
Density / Sq Mi
$176,667
Median Household Income
$103,972
Median Earnings
$2,368
Median Rent
$610,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Light Industrial-zoned property with an established office configuration and flexibility for several commercial uses.
Where is this flex space located?
The property is located at 43 South Ave Fanwood, NJ.
What are key features of this property?
This property features: 3877SF Light Industrial building on .26 acres; Current office layout with 11 offices, two conference rooms, two executive offices, and a bullpen; Parking for about 10 cars
More about this property
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