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

    234 Madison Wyckoff, NJ 7481

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600 /Mo

    Shared office space in a newly renovated professional building.

    Type:Commercial
    Added:
    Sep 9, 2025
    Days on Market:
    234
    Last Refresh:
    Apr 5 at 11:30 pm

    Property Features for 234 Madison

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    ADAM DEFINO

    Listing agent ADAM DEFINO

    Listing office DEFINO & COMPANY

    Listing date Sep 9, 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 DEFINO & COMPANY

    Overview

    Professional Shared Office Space Available

    This is a shared office space available for rent in a professional building. The rental includes the use of one office, approximately 12x14. The space includes a bathroom and common waiting area. It is suited for a therapy office or a similar related field. The landlord is looking for someone in that field. The building has been newly renovated and offers ample off-street parking. Utilities, common area maintenance, and bathroom supplies are included in the rental price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Verdant Counseling Counselor Dr. Gail F. ... Psychotherapist Brigham Learning Tutoring Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyckoff
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1704
    Latitude
    41.011

    Nearby Similar for Lease

    • $1,850/Mo

      Turnkey Wellness Suite in Bergen

      Private, fully-equipped wellness suite in a supportive community.
      365 Franklin Ave, Wyckoff Twp., NJ 07481-1971
      View Details
    • $5,500/Mo

      Wyckoff Commercial Space For Rent

      Commercial space in Wyckoff's business district, ideal for various uses.
      378 Franklin Ave, Wyckoff Twp., NJ 07481
      View Details
    • $5,500/Mo

      Wyckoff Medical/Professional Office Space

      First-floor office space in Wyckoff's business triangle.
      385 Clinton #First Floor, Wyckoff, NJ 07481
      View Details
    • $1,600/Mo

      Wyckoff Shopping Center Office Suite

      Second-floor office suite in a bustling shopping center.
      637 WYCKOFF #Office 7, Wyckoff, NJ 07481
      View Details
    • $10,000/Mo

      Historic Wyckoff Landmark For Lease

      Iconic 3,376 sq ft property with high visibility.
      625 Wyckoff Ave, Wyckoff Twp., NJ 07481
      View Details
    • $10,000/Mo

      Historic Wyckoff Landmark For Lease

      Iconic property with flexible space in a high-visibility location.
      625 Wyckoff, Wyckoff, NJ 07481
      View Details
    • $10,000/Mo

      Historic Wyckoff Property For Lease

      Iconic 3,376 SF property suitable for various commercial uses.
      625 Wyckoff Avenue #A, Wyckoff, NJ 07481
      View Details
    • $5,000/Mo

      Wyckoff Warehouse with Office Space

      4,000 SF warehouse with customizable space and office availability.
      825 Windham, Wyckoff, NJ 07481
      View Details
    • $4,000/Mo

      Flex Space with Optional Expansion

      2,000 SF flex space with optional office expansion.
      465 Main, Wyckoff, NJ 07481
      View Details
    • $2,400/Mo

      Wyckoff Commercial Space for Lease

      Updated commercial space in Wyckoff's Central Business District.
      258 Everett, Wyckoff, NJ 07481
      View Details
    • $1,500/Mo

      Wyckoff Garage/Warehouse Space For Rent

      715 sq ft garage/warehouse space in prime Wyckoff location.
      625 Wyckoff Ave, Wyckoff Twp., NJ 07481
      View Details
    • $1,850/Mo

      Turnkey Wellness Suite in Bergen

      Private, fully-equipped wellness suite for rent in Wyckoff, NJ.
      365 Franklin #203, Wyckoff, NJ 07481
      View Details

    FAQs

    What type of property is this?
    Office units - Shared office space in a newly renovated professional building.
    Where is this office units located?
    The property is located at 234 Madison Wyckoff, NJ.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: All utilities, common area maintenance, and bathroom supplies are included in the rental price.; **Newly renovated office space.**; Ample off‑street parking available.
    (201) 891-2022
    We can help!
    Listing Contact
    ADAM DEFINO
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!