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393 Ramapo Valley Rd Oakland NJ, Oakland, NJ 07436

Two-story office/medical building in Oakland's Central Business District.

Property Size5,000 SF
Price / SF$335.56
Days on Market334

Property Features for 393 Ramapo Valley Rd Oakland NJ

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail
Occupancy 100%
Investment Type Value Add

Building Details

Buildings 1
Stories 2
Units 3
Tenancy Multi
Listing Agency: RE/MAX SELECT
Listed By: Patrick Varelas · License #NJ 1540486
Source: Crexi
Added: Nov 7, 2025 Changed: Oct 6 Last Checked: Oct 5 at 4:26PM

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 RE/MAX SELECT

Investment Insights

Based on property information with market context.

Located in Oakland's Central Business District, 393 Ramapo Valley Road is a fully occupied, two-story office and medical building. The property includes private parking and separate utilities for each unit. Situated along a busy corridor with an average daily traffic of over 14,000 cars, the building benefits from high visibility and accessibility. The property, with a size of 5000 square feet, is located in a business-friendly town with convenient access to Route 287.

Key Highlights

  • Fully occupied two‑story office/medical building
  • Prime location in Oakland's Central Business District
  • High visibility with over 14,000 cars daily

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,500
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,000 $1.5M
Cap Rate 7%
$1,092,857 $1.1M
Cap Rate 9%
$850,000 $850.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$150.0K $30.00/SF
− Vacancy
−$48.0K −$9.60/SF
EGI
$102.0K $20.40/SF
− OpEx
−$25.5K −$5.10/SF
NOI
$76.5K $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%
$1,530,000
Cap Rate 7%
$1,092,857
Cap Rate 9%
$850,000

Alternative Uses

Best Use
Office B
$1.09M
$956.3K – $1.28M (±1% cap)
NOI $76,500 @ 7.0% cap · market cap 4.56%
Second Best
Healthcare Medical
$1.06M
$930.6K – $1.24M (±1% cap)
NOI $74,448 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,392 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Enterprise Rent-A-Car Car Rental Facility Wealth Enhancement Group Financial Advisor Evenly Orthodontics Dental Office Oakland Dental Care ... Dental Office

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Building Supply Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07436, NJ

12,750
Population
4,680
Households
2.7
Avg Household Size
44
Median Age
54%
College-Educated
97%
High-School Grad
8.5 sq mi
ZIP Area
1,500
Density / Sq Mi
$162,763
Median Household Income
$69,360
Median Earnings
$1,466
Median Rent
$566,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Wiseley Sarah DVM — 347 Ramapo Valley Rd STE 1, Oakland, NJ 07436, United States
  • Ramapo Valley Animal Hospital — 347 Ramapo Valley Rd, Oakland, NJ 07436

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story office/medical building in Oakland's Central Business District.
Where is this medical office space located?
The property is located at 393 Ramapo Valley Rd Oakland NJ Oakland, NJ.
What is the asking price?
The asking price for this property is $1,677,777.
What are key features of this property?
This property features: Fully occupied two‑story office/medical building; Prime location in Oakland's Central Business District; High visibility with over 14,000 cars daily
(201) 400-5344 Call to check price and availability
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