Dental Office on Route
For Sale
Contact for pricing
539-553 Rte 70 W, River Edge, NJ
Freestanding, fully equipped dental office in a high-traffic area.
Property Size1,031 SF
Lot Size0.14 Acres
Price / SF$387.97
Days on Market1327
Property Features for 539-553 Rte 70 W
General Information
Standard status
Active
Size
1,031 SF
Lot size
0.14 Acres
Property subtype
OFFICE
Lease Type
Gross
Properties For Sale
at 539-553 Rte 70 W Contact us- Floor
- Bldg
- Size
- 1,031 SF
- Type
- OFFICE
- Lease Type
- GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
539 Rte 70 W
- Highly visible, free standing, fully equipped dental office located within a densely...
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Listing Agency:
Vantage Commercial
(856) 797-1919
Listed By:
Emily Stein · License ##1866657
(609) 457-9816
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Aug 8
Last Checked: Sep 12 at 10:29AM
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 Vantage Commercial
Investment Insights
Based on property information with market context.
This is a highly visible, freestanding, fully equipped dental office located within a densely populated area. The property includes on-site parking. Recent equipment upgrades have been made, and equipment and instruments are included. The office features 3 operatories with the potential for a fourth. It is situated in close proximity to major retail shopping centers and restaurants. The property has a size of 1031 square feet.
Key Highlights
- Fully equipped dental office with recent equipment upgrades and instruments included.
- Highly visible, free‑standing building in a densely populated area.
- Three operatories with potential for a fourth.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,774
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$315,480
$315.5K
Cap Rate 7%
$225,343
$225.3K
Cap Rate 9%
$175,267
$175.3K
Market Conditions
NOI Build-Up for 1,031 SF
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.
Gross rent
$30.9K $30.00/SF
− Vacancy
−$9.9K −$9.60/SF
EGI
$21.0K $20.40/SF
− OpEx
−$5.3K −$5.10/SF
NOI
$15.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$315,480
Cap Rate 7%
$225,343
Cap Rate 9%
$175,267
Alternative Uses
Best Use
Office B
$225.3K
$197.2K – $262.9K
NOI $15,774 @ 7.0% cap · market cap 3.94%
Second Best
Healthcare Medical
$219.3K
$191.9K – $255.9K
NOI $15,351 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$269.2K
$235.6K – $314.1K
NOI $18,845 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding, fully equipped dental office in a high-traffic area.
Where is this medical office space located?
The property is located at 539-553 Rte 70 W River Edge, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Fully equipped dental office with recent equipment upgrades and instruments included.; Highly visible, free‑standing building in a densely populated area.; Three operatories with potential for a fourth.
