Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    637 Wyckoff Ave, Unit OFFICE 7 Wyckoff, NJ 07481

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600 /Mo

    Second-floor office suite in a bustling shopping center.

    Property Features for 637 Wyckoff Ave

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Nekije Rizvani
    Source: Corcoran

    Listing Agency: KELLER WILLIAMS VILLAGE SQUARE REALTY - WYCKOFF Listing Agent: Nekije Rizvani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Wyckoff Shopping Center Office Suite

    Located in a bustling shopping center with a diverse tenant mix, this second-floor office suite offers 750 square feet of space. The Wyckoff Shopping Center provides excellent visibility near major highways and is easily accessible from surrounding towns. The suite includes three rooms and shared restrooms. New flooring and paint are needed, and updates can be negotiated as part of the lease. Ample parking is available at both the front and rear of the building, with convenient access through two entrances. The lease is a gross lease with heat and CAM included. The tenant is responsible for providing additional A/C units. Several businesses have been operating in this shopping center for over 20 years.
    Location Intelligence

    Current Use by Public Records

    Wyckoff Delicatessen Food Market OCS Access (Bike/Boat/Book/etc) Store The UPS Store Courier Service Mission Realty Company: ... Real Estate Agency Pizza Love Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wyckoff
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1727042
    Latitude
    41.0114132

    Nearby Similar for Lease

    • $10,000 /Mo
      3,396 SF

      Historic Wyckoff Commercial Space

      Unique commercial space in a historic Wyckoff landmark.
      625 Wyckoff Ave, Wyckoff, NJ 07481
      View Details
    • $1,500 /Mo
      751 SF

      Wyckoff Garage Space For Rent

      Versatile 715 sq. ft. garage in prime Wyckoff location.
      625 Wyckoff Ave, Wyckoff, NJ 07481
      View Details
    • $5,000 /Mo

      Wyckoff Warehouse with Office Space

      Warehouse with office space in a prime Wyckoff location.
      825 Windham Ct, Wyckoff, NJ 07481
      View Details
    • $1,600 /Mo

      Professional Shared Office Space Available

      Shared office space in a newly renovated professional building.
      234 Madison Ave, Wyckoff, NJ 07481
      View Details
    • $10,000 /Mo
      3,396 SF

      Historic Wyckoff Property For Lease

      Iconic 3,376 SF property suitable for various commercial uses.
      625 Wyckoff Ave, Wyckoff, NJ 07481
      View Details
    • $2,000 /Mo

      Wyckoff Office Space For Rent

      Professional office space available in Wyckoff, NJ.
      191 Godwin Ave 2, Wyckoff, NJ 07481
      View Details
    • Contact for pricing
      1,760 SF

      Retail Space in Wyckoff, NJ

      Retail space available for rent in Wyckoff, New Jersey.
      525 Cedar Hill Ave, Wyckoff, NJ 07481
      View Details
    • $1,500 /Mo
      751 SF

      Wyckoff Garage/Warehouse Space For Rent

      Spacious, secure garage/warehouse in Wyckoff, available immediately.
      625 Wyckoff Ave, Wyckoff, NJ 07481
      View Details
    • $5,500 /Mo

      Wyckoff Medical/Professional Office Space

      First-floor office space in Wyckoff's business triangle.
      385 Clinton Ave, Wyckoff, NJ 07481
      View Details
    • $10,000 /Mo
      3,376 SF

      Historic Wyckoff Landmark For Lease

      Iconic 3,376 sq ft property with high visibility.
      625 Wyckoff Ave, Wyckoff, NJ 07481
      View Details
    • $10,000 /Mo

      Historic Wyckoff Landmark For Lease

      Iconic property with flexible space in a high-visibility location.
      625 Wyckoff Ave, Wyckoff, NJ 07481
      View Details
    • Contact for pricing

      Updated Office Space on Main

      Updated 1000 SF office space for rent in Wyckoff.
      445 Main St, Wyckoff, NJ 07481
      View Details

    FAQs

    What type of property is this?
    Office units - Second-floor office suite in a bustling shopping center.
    Where is this office units located?
    The property is located at 637 Wyckoff Ave, Unit OFFICE 7 Wyckoff, NJ.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: - Excellent visibility near major highways and easy accessibility from surrounding towns.; - Strong and diverse tenant mix with long-term businesses (over 20 years).; - Gross lease with heat and CAM included.
    (201) 445-4300
    Request Owner's contact information
    637 Wyckoff Ave, Unit OFFICE 7 Wyckoff, NJ 07481
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    637 Wyckoff Ave, Unit OFFICE 7
    Wyckoff, NJ 07481
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    637 Wyckoff Ave, Unit OFFICE 7 Wyckoff, NJ 07481
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nekije Rizvani
    (201) 445-4300 (551) 206-6698 (201) 891-2111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!