Renovated Medical Office
For Sale
$150,000
504 Hamburg Tpke #105B, Wayne, NJ 07470
Office zoning and a flexible layout support medical, dental, and other professional services.
Property Size760 SF
Price / SF$197.37
Days on Market173
Property Features for 504 Hamburg Tpke #105B
General Information
Standard status
Active
Size
760 SF
Elevators
Yes
Property subtype
Commercial
Zoning
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
secure access
central A/C
Building Details
Building Size
760 SF
Year Built
2000
Stories
1
Units
1
Listing Agency:
Coldwell Banker Realty
(201) 891-6700
Listed By:
Siavash Bahrampour
Source:
Cammarotarealestate
Added: May 4
Changed: Oct 22
Last Checked: Oct 22 at 2:25PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 760-square-foot medical office suite in Wayne Commons was renovated and includes two exam rooms or offices, a separate private office, and a reception area. Additional features include a private bathroom, contemporary finishes, central A/C, and natural light. The property was built in 2000 and is zoned Office.
Building amenities include secure access, an elevator, and on-site parking. The address is 504 Hamburg Tpke #105B in Wayne Township, New Jersey, with proximity to major highways and public transportation.
Building amenities include secure access, an elevator, and on-site parking. The address is 504 Hamburg Tpke #105B in Wayne Township, New Jersey, with proximity to major highways and public transportation.
Key Highlights
- 760 square feet with two exam rooms or offices and one additional private office
- Reception area, private bathroom, contemporary finishes, and central A/C
- Renovated medical office suite in Wayne Commons
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,628
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,560
$232.6K
Cap Rate 7%
$166,114
$166.1K
Cap Rate 9%
$129,200
$129.2K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$22.8K $30.00/SF
− Vacancy
−$7.3K −$9.60/SF
EGI
$15.5K $20.40/SF
− OpEx
−$3.9K −$5.10/SF
NOI
$11.6K $15.30/SF
Area
Passaic 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%
$232,560
Cap Rate 7%
$166,114
Cap Rate 9%
$129,200
Alternative Uses
Best Use
Office B
$166.1K
$145.4K – $193.8K
NOI $11,628 @ 7.0% cap · market cap 7.75%
Second Best
Healthcare Medical
$161.7K
$141.5K – $188.6K
NOI $11,316 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$198.5K
$173.7K – $231.5K
NOI $13,892 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 07470, NJ
55,284
Population
19,396
Households
2.9
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
23.9 sq mi
ZIP Area
2,313
Density / Sq Mi
$151,561
Median Household Income
$70,100
Median Earnings
$2,126
Median Rent
$596,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- North Jersey Animal Hospital — 197 Hamburg Tpke, Wayne, NJ 07470
- Riedel Gabriele DVM — 197 Paterson Hamburg Turnpike STE 2, Wayne, NJ 07470
Frequently Asked Questions
What type of property is this?
Medical Office Space - Office zoning and a flexible layout support medical, dental, and other professional services.
Where is this medical office space located?
The property is located at 504 Hamburg Tpke #105B Wayne, NJ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 760 square feet with two exam rooms or offices and one additional private office; Reception area, private bathroom, contemporary finishes, and central A/C; Renovated medical office suite in Wayne Commons
