37 Park Lyndhurst, NJ 07071
Turn-key office building in Lyndhurst's business district.
Property Features for 37 Park
General Information
- Standard status
- Active
- Size
- 4,242 SF
- Property subtype
- Commercial
Listing office PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-ENGLEWOOD CLIFFS (201) 585-8080
Listing date Mar 31, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of Lyndhurst's business district with high visibility and exceptional accessibility just off Route 3.
- Turn‑key, impeccably maintained office building suitable for various professional uses.
- Approximately 4,242 square feet of office space plus approximately 2,998 square feet of basement storage.
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 | $127.3k | $30.00 |
| − Vacancy | −$40.7k | −$9.60 |
| EGI | $86.5k | $20.40 |
| − OpEx | −$21.6k | −$5.10 |
| NOI | $64.9k | $15.30 |