Medical Office
For Sale
Contact for pricing
155 N Washington Avenue #305, Bergenfield, NJ 07621
Located within an established professional building, the space can accommodate medical or traditional office use.
Property Size1,500 SF
Price / SF$1.23
Days on Market75
Property Features for 155 N Washington Avenue #305
General Information
Standard status
Active
Size
1,500 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 2:38PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 305 offers approximately 1,500 SF in an established professional building. The space is identified for medical, healthcare, wellness, or traditional professional office use.
Key Highlights
- Approximately 1,500 SF of office space
- Suite 305 in an established professional building
- Medical, healthcare, wellness, or traditional office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,334
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,680
$446.7K
Cap Rate 7%
$319,057
$319.1K
Cap Rate 9%
$248,156
$248.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$39.6K $26.40/SF
− Vacancy
−$2.4K −$1.58/SF
EGI
$37.2K $24.82/SF
− OpEx
−$14.9K −$9.93/SF
NOI
$22.3K $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%
$446,680
Cap Rate 7%
$319,057
Cap Rate 9%
$248,156
Alternative Uses
Best Use
Office B
$327.9K
$286.9K – $382.5K
NOI $22,950 @ 7.0% cap · market cap 1,240.54%
Second Best
Healthcare Medical
$319.1K
$279.2K – $372.2K
NOI $22,334 @ 7.0% cap · market cap 1,207.24%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 1,482.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Bergenfield Animal Clinic — 88 N Washington Ave, Bergenfield, NJ 07621
- Bergenfield Animal Clinic: Appelstein A DVM — 88 n washington ave, bergenfield, nj 07621
- Dumont Animal Hospital — 53 Washington Ave, Dumont, NJ 07628
- Bortz Erin DVM — 53 Washington Ave, Dumont, NJ 07628
Frequently Asked Questions
What type of property is this?
Medical Office Space - Located within an established professional building, the space can accommodate medical or traditional office use.
Where is this medical office space located?
The property is located at 155 N Washington Avenue #305 Bergenfield, NJ.
What are key features of this property?
This property features: Approximately 1,500 SF of office space; Suite 305 in an established professional building; Medical, healthcare, wellness, or traditional office use
