Hillsdale Commercial Building For
50 Broadway Hillsdale, NJ 07642
50 Broadway, Hillsdale, NJ, 07642
$3,000,000
For Sale
$3,000,000
6,724 SF commercial building with high visibility and parking.
Property Size6,724 SF
Lot Size0.70 Acres
Price / SF$446.16
Days on Market221
Property Features for 50 Broadway
General Information
- Standard status
- Active
- Size
- 6,724 SF
- Lot size
- 0.70 Acres
Listing agency
Berkshire Hathaway Home Services Abbott Realtors
(201) 310-9846
Listed by
Brian Lacey · License #NJ 0567058
(201) 310-9846
Source
Exprealty
Added: Dec 12, 2025 Updated: Jul 6 at 9:53AM Checked: Jul 20 at 7:22AM
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 Berkshire Hathaway Home Services Abbott Realtors
Investment Insights
Based on property information with market context.
This well-maintained 6,724 square foot single-story commercial building is available for sale. It presents an excellent value-add investment opportunity for an owner-user. Currently, 60% of the building is leased to a tenant, generating $180,000 annually under a newly signed 5-year lease. The remaining 2,600 square feet is in excellent condition, suitable for an owner-user or a new tenant. Constructed of steel, the building allows for the addition of more floors. The property benefits from high visibility, situated directly on a county road with an approximate daily traffic count of 10,000 vehicles. Located on a 0.7-acre lot, the property is two blocks from the bus and train station, as well as downtown amenities. It includes a partial basement and 46 parking spaces. The location is ideal for medical, dental, eyecare, attorney, mortgage/title companies, financial services, or retail businesses.
Key Highlights
- Excellent value‑add investment opportunity: existing tenant leases 60% of the building for $180,000/year on a newly signed 5‑year lease.
- Remaining 2,600 SF is in excellent condition and ready for immediate occupancy.
- High visibility location directly on a county road with approximately 10,000 vehicles per day.
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 | $201.7k | $30.00 |
| − Vacancy | −$64.6k | −$9.60 |
| EGI | $137.2k | $20.40 |
| − OpEx | −$34.3k | −$5.10 |
| NOI | $102.9k | $15.30 |
6,724 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.71M
NOI $102,877 @ 7.0% cap · market cap 3.43%
Second Best
Healthcare Medical
$1.43M
$1.25M – $1.67M
NOI $100,118 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,904 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Henna Abbassi, Broker-Sales ...
Real Estate Agency
Kelley Criscione - Bergen ...
Real Estate Agency
Coldwell Banker Realty ...
Real Estate Agency
Coldwell Banker Realty
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kimberly fontanetta
Real Estate Agency
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FAQs
What type of property is this?
Office building - 6,724 SF commercial building with high visibility and parking.
Where is this office building located?
The property is located at 50 Broadway Hillsdale, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Excellent value‑add investment opportunity: existing tenant leases 60% of the building for $180,000/year on a newly signed 5‑year lease.; Remaining 2,600 SF is in excellent condition and ready for immediate occupancy.; High visibility location directly on a county road with approximately 10,000 vehicles per day.
