Fair Lawn Multi-Tenant Office
26-07 Broadway Fair Lawn, NJ 07410
26-07 Broadway, Fair Lawn, NJ, 07410
$3,375,000
For Sale
$3,375,000
Multi-tenant office/commercial property in Fair Lawn, NJ for sale.
Property Size10,000 SF
Price / SF$337.50
Days on Market188
Property Features for 26-07 Broadway
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Commercial
Listing Agency
VERA & NECHAMA REALTY
(201) 692-3700
Listed by
KAREN SELIGER
Source
Corcoran
Added: Jan 13 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:33 am
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
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.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $300.0k | $30.00 |
| − Vacancy | −$96.0k | −$9.60 |
| EGI | $204.0k | $20.40 |
| − OpEx | −$51.0k | −$5.10 |
| NOI | $153.0k | $15.30 |
10,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.19M
$1.91M – $2.55M
NOI $153,000 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,784 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lama Dental Group: ...
Dental Office
DR. AARON Z. ...
Dental Office
Kershenbaum Ben M ...
Dental Office
Snore No More ...
Medical Clinic
Wellness Connection
Wellness Program
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FAQs
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 $3,375,000.
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.
