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

    255 NJ-3 Secaucus, NJ 07094

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office/Medical suite available for lease in Secaucus, New Jersey.

    Type:Office
    Property size:
    900 SF
    Added:
    Feb 10, 2020
    Days on Market:
    2260
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 255 NJ-3

    General Information

    Standard status
    Active
    Size
    900 SF
    Property subtype
    Office

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 255 NJ-3 Contact us

    Available Space $2 /Mo

    Size
    900 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Cathie Salamone

    Listing agent Cathie Salamone License #NJ 0676654

    Listing office Evergreen Commercial Real Estate Pine Brook

    Listing date Feb 10, 2020

    Source Crexi

    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 Evergreen Commercial Real Estate Pine Brook

    Overview

    Secaucus Office/Medical Suite for Rent

    An office/medical suite is available for rent. Suite 201A offers approximately 900 square feet of space on the second floor. The building features elevator access and a parking garage. The current layout includes an open area, one office, and a private restroom. The lease rate is $25 per square foot.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Secaucus
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0651
    Latitude
    40.7808

    Nearby Similar for Lease

    • Contact for pricing

      Class A Office Space Available

      Modern office space with abundant natural light and highway access.
      300 PENHORN AVE, Secaucus, NJ 07094
      View Details
    • $21/mo

      Class A Office Space Available

      Flexible, high-quality office space in a full-service complex.
      700 Plaza Drive, Secaucus, NJ 07094
      View Details
    • Contact for pricing

      Secaucus Retail Space For Rent

      Retail space in high-traffic area with excellent visibility.
      1325 PATERSON PLANK RD #A, Secaucus, NJ 07094
      View Details
    • $21/mo

      Secaucus Office Suites for Lease

      Flexible, high-quality office suites in a full-service complex.
      700 Plaza Drive, Secaucus, NJ 07094
      View Details
    • $29/mo

      Renovated Office Space Available

      Office building with recent renovations, covered parking, and on-site management.
      1 Harmon Plaza, Secaucus, NJ, 07094
      View Details
    • Contact for pricing

      Secaucus Office Space Available

      Office space for lease in Secaucus, New Jersey.
      600 Meadowlands Pkwy, Secaucus, NJ 07094
      View Details
    • $28/mo

      Secaucus Office Space For Rent

      Office space available in a seven-story office tower.
      300 Lighting Way, Secaucus, NJ
      View Details
    • Contact for pricing

      Professional Office Space, Secaucus

      Well-located office space with high visibility and easy access.
      828 1ST ST #1, Secaucus, NJ 07094
      View Details
    • Contact for pricing

      Secaucus Warehouse and Office Space

      15,272 SF building with office space available for lease.
      520 Jefferson Avenue, Secaucus, NJ 07094
      View Details
    • Contact for pricing

      Versatile Retail/Office Space Available

      Adaptable commercial space suitable for retail or office use.
      98 HARMON COVE TOWER, Secaucus, NJ 07094
      View Details
    • Contact for pricing

      Secaucus Industrial Space For Lease

      Industrial space available for lease in Secaucus, New Jersey.
      330 County Ave, Secaucus, NJ 07094
      View Details
    • Contact for pricing

      Secaucus Commercial Property For Rent

      Commercial property available for rent in Secaucus, New Jersey.
      1 Castle Rd, Secaucus, NJ 07094
      View Details

    FAQs

    What type of property is this?
    Office units - Office/Medical suite available for lease in Secaucus, New Jersey.
    Where is this office units located?
    The property is located at 255 NJ-3 Secaucus, NJ.
    What are key features of this property?
    This property features: Office/Medical Suite Available for Rent; 900 +/- sqft Office Suite; Benefit from Elevator Access
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cathie Salamone
    Real Estate License ID: NJ 0676654
    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!