504 Hamburg #204B, Wayne, NJ 07470
Well-appointed medical office condo with existing infrastructure and scenic views.
- Added:
- Jun 19, 2025
- Days on Market:
- 360
- Last Refresh:
- Apr 5 at 9:18 pm
Property Features for 504 Hamburg #204B
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Listing agent LISA MCCAFFERTY
Listing office HOWARD HANNA RAND REALTY (973) 694-6500
Listing date Jun 19, 2025
Source Corcoran
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 HOWARD HANNA RAND REALTY
HighLights
- Equipped with essential infrastructure: plumbing, dental chairs, built‑ins with sinks, and X‑ray machines for substantial cost savings.
- Ideal for dental specialists (Oral Surgery, Endo, Ortho) or medical professionals.
- End unit office condo with 1500 sq. ft. of space.
- Features four operatories, a lab/sterilization room, kitchenette, and restroom.
- Includes a private office with a second restroom.
- Located in Wayne Commons, a well‑maintained office building with elevator access and ample parking.
Overview
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 | $45.0k | $30.00 |
| − Vacancy | −$14.4k | −$9.60 |
| EGI | $30.6k | $20.40 |
| − OpEx | −$7.7k | −$5.10 |
| NOI | $23.0k | $15.30 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Wayne Hills Animal Hospital — 296 Church Ln, Wayne, NJ 07470
Location Insight
- Map
- Local Demand
- City
- Wayne
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.2121
- Latitude
- 40.9552