Fair Lawn Multi-Tenant Office
For Sale
Contact for pricing
26-07 Broadway, Fair Lawn, NJ 07410
Multi-tenant office/commercial property in Fair Lawn, NJ for sale.
Property Size10,000 SF
Price / SF$315
Days on Market229
Property Features for 26-07 Broadway
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$68,175
Listing Agency:
Vera & Nechama Realty
Listed By:
Karen Seliger ()
(201) 692-3700
Source:
Ridgevalleyre
Added: Mar 5
Changed: Oct 2
Last Checked: Oct 19 at 6:18AM
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 Vera & Nechama Realty
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Investment Insights
Based on property information with market context.
Located in Fair Lawn, New Jersey, 26-07 Broadway is a multi-tenant office and commercial property featuring over 10,000 square feet across two buildings. The property includes an on-site parking lot with approximately 40 spaces for tenants and visitors. It has upgraded HVAC, electrical, and plumbing systems, with most units featuring in-suite facilities. Suites range in size from 250 square feet to 1900 square feet, with flexible lease terms and signage opportunities. The property is well-suited for professional and medical users. Situated directly on Broadway, a main commercial corridor in Fair Lawn, the property offers excellent visibility and easy access to Route 4, Route 208, and the Garden State Parkway. Nearby amenities include Fair Lawn Commons, ShopRite of Fair Lawn, CVS, Starbucks, and a variety of restaurants and retail options along Broadway. The Fair Lawn Radburn and Broadway train stations are in close proximity, providing convenient NJ Transit service. The location provides easy access to surrounding communities such as Ridgewood, Paramus, Glen Rock, Elmwood Park, and Paterson.
Key Highlights
- Prime location on Broadway, a main commercial corridor in Fair Lawn, offering excellent visibility and accessibility.
- Ample on‑site parking with approximately 40 spaces.
- Upgraded HVAC, electrical, and plumbing systems, with in‑suite facilities in most units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,000
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,000
$3.1M
Cap Rate 7%
$2,185,714
$2.2M
Cap Rate 9%
$1,700,000
$1.7M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$300.0K $30.00/SF
− Vacancy
−$96.0K −$9.60/SF
EGI
$204.0K $20.40/SF
− OpEx
−$51.0K −$5.10/SF
NOI
$153.0K $15.30/SF
Area
Bergen County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,000
Cap Rate 7%
$2,185,714
Cap Rate 9%
$1,700,000
Alternative Uses
Best Use
Office B
$2.19M
$1.91M – $2.55M
NOI $153,000 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,784 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 07410, NJ
34,927
Population
12,392
Households
2.8
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
6,848
Density / Sq Mi
$147,952
Median Household Income
$75,865
Median Earnings
$1,908
Median Rent
$532,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office/commercial property in Fair Lawn, NJ for sale.
Where is this office building located?
The property is located at 26-07 Broadway Fair Lawn, NJ.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Prime location on Broadway, a main commercial corridor in Fair Lawn, offering excellent visibility and accessibility.; Ample on‑site parking with approximately 40 spaces.; Upgraded HVAC, electrical, and plumbing systems, with in‑suite facilities in most units.
