Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rutherford Office Space For Lease Title is generated by Realmo AI

    18 Glen #1B, Rutherford, NJ 07070

    View on Map
    Claim this Listing
    For Lease
    $1,450 /Mo

    1,000 SF office space ideal for professional or medical use.

    Added:
    Jul 16, 2025
    Days on Market:
    325
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 18 Glen #1B

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    CAROL CALAMARI

    Listing agent CAROL CALAMARI

    Listing office THE AGENCY RUTHERFORD REALTY INC.

    Listing date Jul 16, 2025

    Source Corcoran

    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 THE AGENCY RUTHERFORD REALTY INC.

    HighLights

    • Prime downtown Rutherford location, surrounded by thriving businesses and restaurants.
    • Easy access to NYC via NJ Transit train and bus (1.5 blocks away).
    • Suitable for professional or medical use (prior medical office).
    • Functional layout with reception area, three private rooms, kitchenette, and two half bathrooms.
    • Flexibility to redesign the space to suit specific needs.
    • Includes two designated parking spaces.

    Overview

    This 1,000 square foot office suite is available for immediate lease and is suited for professional or medical use. Prior uses include a medical office and entertainment. The space features a reception area, three private rooms, a kitchenette, and two half bathrooms. It is ideal for attorneys, accountants, insurance agencies, or similar businesses. Located in the heart of downtown Rutherford, the property is near businesses and restaurants, with easy access to NYC via the NJ Transit train and bus station, located one and a half blocks away. The suite offers a functional layout and the flexibility to redesign to suit specific needs. Two designated parking spaces are included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Angelwish Inc Social Service Agency Presto Dominick Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • East Rutherford — 300 NJ-17 X, East Rutherford, NJ 07073
    • Flowers Animal Hospital — 159 Park Ave, Rutherford, NJ 07070

    Location Insight

    • Map
    • Local Demand
    City
    Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1026
    Latitude
    40.8273

    Nearby Similar for Lease

    • $2,200/Mo
      700 SF

      Rutherford Retail Space For Lease

      Storefront in Rutherford's West End business district, 700 sqft.
      114 Jackson, Rutherford, NJ 07070
      View Details
    • $2,000/Mo
      1,800 SF

      Downtown Rutherford Office Space Available

      Prime 1,800 sq ft office space in downtown Rutherford.
      53-55 Park #2nd fl, Rutherford, NJ 07070
      View Details
    • $4,655/Mo
      2,200 SF

      Modern Dental Office Sublease

      Modern 2200 SF dental office space available for sublease.
      47 Orient, Rutherford, NJ 07070
      View Details
    • $1,900/Mo

      Rutherford Office Space For Rent

      Versatile office space in central Rutherford location for rent.
      9 Lincoln, Rutherford, NJ 07070
      View Details
    • $2,838/Mo

      Medical Office Space For Rent

      Medical office space near transportation and town center.
      47 Orient #3C, Rutherford, NJ 07070
      View Details
    • $3,360/Mo

      Medical Office Space For Rent

      Medical office space available near transportation and town center.
      47 Orient #3D, Rutherford, NJ 07070
      View Details
    • Contact for pricing
      22,319 SF

      Rutherford Flex Space Available

      7,569 SF flex space near Route 3 interchange.
      255 Highland Cross, Rutherford, NJ 07070
      View Details
    • $2,400/Mo

      Office/Medical Space Near Transportation

      Office or medical space with easy access to transportation.
      47 Orient, Rutherford, NJ 07070
      View Details
    • Contact for pricing
      22,319 SF

      Rutherford Warehouse Space Available

      7,569 SF warehouse space with office and tailgate.
      255 Highland Cross, Rutherford, NJ 07070
      View Details
    • $6,000/Mo

      Medical Office Space For Rent

      Medical office space available in Rutherford, NJ.
      47 Orient #3C and 3D, Rutherford, NJ 07070
      View Details
    • $32 SF/Yr
      5,300 SF

      Modern Office Space Available

      Office space for rent in a twelve-story building.
      201 State Rt 17, Rutherford, NJ
      View Details
    • Contact for pricing
      1,800 SF

      Downtown Rutherford Office Space Available

      Prime office space in downtown Rutherford, near transportation and amenities.
      53 Park Ave, Rutherford, NJ 07070
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 1,000 SF office space ideal for professional or medical use.
    Where is this medical office space located?
    The property is located at 18 Glen #1B Rutherford, NJ.
    What is the lease rate?
    The lease rate is $1,450 /Mo.
    What are key features of this property?
    This property features: Prime downtown Rutherford location, surrounded by thriving businesses and restaurants.; Easy access to NYC via NJ Transit train and bus (1.5 blocks away).; Suitable for professional or medical use (prior medical office).
    We can help!
    Listing Contact
    CAROL CALAMARI
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18 Glen #1B, Rutherford, NJ 07070
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!