Office Building with R-MF
For Sale
$1,025,000
60 Westervelt Ave, Tenafly, NJ 07670
Grandfathered office occupancy includes three tenants, with gas heat and central air throughout the building.
Property SizeContact for details
Days on Market9
Property Features for 60 Westervelt Ave
General Information
Standard status
Active
Property subtype
Commercial
Zoning
R-MF
Additional Details
Public Transit
Yes
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker, Alpine/Closter
(201) 857-8777
Listed By:
Elizabeth Columbus ()
Source:
Fortuneluxuryrealty
Added: Aug 22
Changed: Aug 28
Last Checked: Aug 29 at 10:16AM
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, Alpine/Closter
Investment Insights
Based on property information with market context.
This office building at 60 Westervelt Ave in Tenafly, New Jersey, is zoned R-MF (Residential Multi-Family) and currently accommodates three tenants in grandfathered office space. The property has gas heat, central air, and a roof that is 1 year old. Two tenants occupy the first floor, while the second floor may offer a path toward residential conversion, subject to approvals, permits, and any required variances.
The property is near NJ Transit bus service, Englewood Hospital, and Tenafly’s downtown shops and dining. New York City is only minutes away. Continued office use, partial residential conversion, or full conversion to the property’s zoned multi-family use are identified possibilities, subject to applicable approvals and municipal requirements.
The property is near NJ Transit bus service, Englewood Hospital, and Tenafly’s downtown shops and dining. New York City is only minutes away. Continued office use, partial residential conversion, or full conversion to the property’s zoned multi-family use are identified possibilities, subject to applicable approvals and municipal requirements.
Key Highlights
- R‑MF (Residential Multi‑Family) zoning
- Three tenants occupy grandfathered office space
- Two first‑floor office tenants; second floor identified for possible residential conversion
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
Explore this area
Business Placement
Demographics for 07670, NJ
15,409
Population
5,415
Households
2.8
Avg Household Size
42
Median Age
79%
College-Educated
99%
High-School Grad
4.6 sq mi
ZIP Area
3,350
Density / Sq Mi
$208,088
Median Household Income
$110,625
Median Earnings
$3,143
Median Rent
$974,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Grandfathered office occupancy includes three tenants, with gas heat and central air throughout the building.
Where is this office building located?
The property is located at 60 Westervelt Ave Tenafly, NJ.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: R‑MF (Residential Multi‑Family) zoning; Three tenants occupy grandfathered office space; Two first‑floor office tenants; second floor identified for possible residential conversion
