Medical Office with Treatment
For Sale
$425,000
40 Moran St #1, Newton, NJ 07860
An accessible, renovated facility has T5 zoning and a two-level layout with dedicated treatment and office areas.
Property Size2,458 SF
Price / SF$172.90
Days on Market100
Property Features for 40 Moran St #1
General Information
Standard status
Active
Size
2,458 SF
Total Parking Spaces
5
Property subtype
Commercial
Zoning
T5
Building Details
Building Size
2,458 SF
Year Built
1960
Buildings
1
Stories
1
Units
1
Listing Agency:
Exp Realty, LLC
(866) 201-6210
Listed By:
Rachel Bucci
(973) 383-8989
Source:
Cammarotarealestate
Added: Jul 16
Changed: Oct 22
Last Checked: Oct 22 at 2:19PM
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 Exp Realty, LLC
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Investment Insights
Based on property information with market context.
This freestanding medical office in Newton contains 2,458 square feet and was built in 1960. The renovated property has a main level with reception and waiting space, private offices, treatment rooms, an open physical therapy area, and an ADA-equipped bathroom. A walk-out lower level adds a private office, X-ray room, treatment room, second bathroom, kitchenette, storage, and exterior access through a bay door.
The property occupies a corner lot and has an accessible paver ramp. Five private off-street parking spaces are provided, with additional free on-street parking available. T-5 zoning is identified for professional, medical, retail, and service-related uses. Chiropractic equipment may be acquired separately.
The property occupies a corner lot and has an accessible paver ramp. Five private off-street parking spaces are provided, with additional free on-street parking available. T-5 zoning is identified for professional, medical, retail, and service-related uses. Chiropractic equipment may be acquired separately.
Key Highlights
- 2,458 square feet; built in 1960
- T‑5 zoning
- Main level includes reception and waiting space, private offices, treatment rooms, and an open PT area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,607
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,140
$752.1K
Cap Rate 7%
$537,243
$537.2K
Cap Rate 9%
$417,856
$417.9K
Market Conditions
NOI Build-Up for 2,458 SF
Gross rent
$73.7K $30.00/SF
− Vacancy
−$23.6K −$9.60/SF
EGI
$50.1K $20.40/SF
− OpEx
−$12.5K −$5.10/SF
NOI
$37.6K $15.30/SF
Area
Sussex 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%
$752,140
Cap Rate 7%
$537,243
Cap Rate 9%
$417,856
Alternative Uses
Best Use
Office B
$537.2K
$470.1K – $626.8K
NOI $37,607 @ 7.0% cap · market cap 8.85%
Second Best
Healthcare Medical
$522.8K
$457.5K – $610.0K
NOI $36,599 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$641.8K
$561.6K – $748.8K
NOI $44,928 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 07860, NJ
25,704
Population
11,473
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
257
Density / Sq Mi
$104,113
Median Household Income
$53,509
Median Earnings
$1,437
Median Rent
$336,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - An accessible, renovated facility has T5 zoning and a two-level layout with dedicated treatment and office areas.
Where is this medical office space located?
The property is located at 40 Moran St #1 Newton, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,458 square feet; built in 1960; T‑5 zoning; Main level includes reception and waiting space, private offices, treatment rooms, and an open PT area
