Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19 Hillery St Woodland Park, NJ 07424

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,500 /Mo ($38 SF/Yr)

    Versatile, renovated space with optional high-ceiling garage in Woodland Park.

    Property size:
    1,100 SF
    Lot size:
    0.20 Acres

    Property Features for 19 Hillery St

    General Information

    Standard status
    Active
    Size
    1,100 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Michael G Gabriel
    Source: Corcoran

    Listing Agency: RE/MAX SELECT Listing Agent: Michael G Gabriel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Woodland Park Flexible Space

    Located in Woodland Park, NJ, this renovated space offers a functional and flexible layout suitable for various business uses. The 1100 square foot suite includes two private offices, ideal for focused work or client meetings. A spacious common area can be adapted for reception, collaborative work, or showroom purposes. An optional, oversized garage with high ceilings is available for an additional monthly fee. This garage space is suitable for storage, inventory, light industrial activities, or shipping operations. The property is suited for small to mid-sized businesses and is uniquely positioned for businesses needing both professional office space and a functional back-end operation area, such as e-commerce or online retail, home services headquarters, shipping and logistics, dispatch and coordination offices, creative studios with storage, health and wellness businesses, auto detailing or specialty automotive businesses, or local distribution and wholesale businesses. The high ceilings allow for backdrop setups or product staging. Additional on-site parking is available. This flexible space offers a combination of features, making it an opportunity for business owners looking to grow in a business-friendly area.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodland Park
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.19947
    Latitude
    40.90354

    Nearby Similar for Lease

    • $3,500 /Mo
      1,100 SF

      Renovated Mixed-Use Space with Optional Garage

      Versatile renovated space in Woodland Park with optional high-ceiling garage.
      19 Hillery St, Woodland Park, NJ 07424
      View Details
    • $1,500 /Mo
      1,472 SF

      Woodland Park Office Space Available

      Second floor office space for rent in Woodland Park.
      948 Mcbride Ave, Woodland Park, NJ 07424
      View Details
    • $1,350 /Mo

      Storefront in Busy Area

      288 Sq Ft storefront in a busy location.
      606 Mcbride Ave, Woodland Park, NJ 07424
      View Details
    • Contact for pricing

      Retail Space on Route 46

      Retail space available on Route 46 with high traffic.
      1650 Rte 46 West, Woodland Park, NJ 07424
      View Details
    • Contact for pricing
      2,000 SF

      Woodland Park Office Space Available

      Office space for lease in Woodland Park, New Jersey.
      1 Garret Mtn Plz, Woodland Park, NJ
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space on Route 46

      Retail space available in Woodland Park, New Jersey.
      1156-1530 Us-46, Woodland Park, NJ
      View Details
    • Contact for pricing
      7,062 SF

      Retail Space in West Falls

      90,945 SF retail property near Willowbrook Mall.
      1730 Us-46, Woodland Park, NJ
      View Details
    • $2,500 /Mo

      Move-In Ready Three Bedroom Apartment

      Second-floor apartment with eat-in kitchen, hardwood floors, laundry hookups.
      106 Mt Pleasant Ave, Woodland Park, NJ 07424
      View Details
    • $1,800 /Mo

      Spacious One-Bedroom Apartment Available

      Large one-bedroom unit ready for immediate occupancy.
      496 Mcbride Ave, Woodland Park, NJ 07424
      View Details
    • $1,900 /Mo

      One Bedroom Apartment For Rent

      Second floor, one-bedroom apartment near shops, schools, and transportation.
      1040 Mcbride Ave, Woodland Park, NJ 07424
      View Details
    • $1,900 /Mo

      Spacious One Bedroom Apartment

      Second-floor apartment with skylights, walk-in closet, and easy commute.
      309 Mt Pleasant Ave, Woodland Park, NJ 07424
      View Details
    • Contact for pricing

      Spacious Office Space Available

      Light-filled office space with reception, conference room, and kitchen.
      300 Lackawanna Ave, Woodland Park, NJ 07424
      View Details

    FAQs

    What type of property is this?
    Office units - Versatile, renovated space with optional high-ceiling garage in Woodland Park.
    Where is this office units located?
    The property is located at 19 Hillery St Woodland Park, NJ.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Fully renovated space in a prime Woodland Park location.; - Optional oversized, high-ceiling garage available for storage, light industrial, or shipping (additional fee).; - Functional and flexible layout suitable for various business uses.
    (973) 575-6005
    Request Owner's contact information
    19 Hillery St Woodland Park, NJ 07424
    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.
    19 Hillery St
    Woodland Park, NJ 07424
    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
    19 Hillery St Woodland Park, NJ 07424
    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

    We can help!
    Listing Contact
    Michael G Gabriel
    (973) 575-6005
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!