Professional Office
For Sale
Contact for pricing
155 N Washington Avenue #205, Bergenfield, NJ 07621
The space supports medical, wellness, and other office-based operations.
Property Size1,100 SF
Price / SF$1.36
Days on Market75
Property Features for 155 N Washington Avenue #205
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Office
Additional Details
Property Use
Medical Office
Listing Agency:
C21/ Action Plus Realty
Listed By:
Felicia Finn · License #0447607
(800) 299-2129
Source:
Defelicerealtygroup
Added: Aug 20
Changed: Oct 31
Last Checked: Oct 31 at 2:34PM
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 C21/ Action Plus Realty
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Investment Insights
Based on property information with market context.
Suite 205 offers approximately 1,100 square feet within an established professional building. The space is identified for medical, healthcare, wellness, and traditional office functions, including practices serving clients or patients.
The property is at 155 N Washington Avenue in Bergenfield, New Jersey.
The property is at 155 N Washington Avenue in Bergenfield, New Jersey.
Key Highlights
- Approximately 1,100 square feet in Suite 205
- Located at 155 N Washington Avenue, Bergenfield, NJ 07621
- Presented for medical, healthcare, wellness, and traditional office functions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,379
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,580
$327.6K
Cap Rate 7%
$233,986
$234.0K
Cap Rate 9%
$181,989
$182.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$29.0K $26.40/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$27.3K $24.82/SF
− OpEx
−$10.9K −$9.93/SF
NOI
$16.4K $14.89/SF
Area
Bergen County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,580
Cap Rate 7%
$233,986
Cap Rate 9%
$181,989
Alternative Uses
Best Use
Office B
$240.4K
$210.4K – $280.5K
NOI $16,830 @ 7.0% cap · market cap 1,122.00%
Second Best
Healthcare Medical
$234.0K
$204.7K – $273.0K
NOI $16,379 @ 7.0% cap · market cap 1,091.93%
Theoretical Best
Office A
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 1,340.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
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Business Placement
Demographics for 07621, NJ
28,321
Population
9,677
Households
2.9
Avg Household Size
40
Median Age
48%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
9,766
Density / Sq Mi
$124,083
Median Household Income
$54,499
Median Earnings
$1,744
Median Rent
$469,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The space supports medical, wellness, and other office-based operations.
Where is this office unit located?
The property is located at 155 N Washington Avenue #205 Bergenfield, NJ.
What are key features of this property?
This property features: Approximately 1,100 square feet in Suite 205; Located at 155 N Washington Avenue, Bergenfield, NJ 07621; Presented for medical, healthcare, wellness, and traditional office functions
