Flexible Office
670 Bergen Blvd Ridgefield, NJ 07657
670 Bergen Blvd, Ridgefield, NJ, 07657
$2,800,000
For Sale
$2,800,000
For-sale office building with direct highway access and nearby NJ Transit bus service to Midtown Manhattan.
Property Size9,000 SF
Price / SF$311.11
Days on Market69
Property Features for 670 Bergen Blvd
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
Marcus & Millichap | New Jersey
(201) 742-6173
Listed by
Christopher Gerena · License #License(s): NJ: 1864309
(201) 742-6173
Source
Marcusmillichap
Added: May 14 Updated: Jul 21 at 12:50AM Checked: Jul 21 at 2:59AM
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 Marcus & Millichap | New Jersey
Investment Insights
Based on property information with market context.
670 Bergen Boulevard is a for-sale office property with approximately 9,000 square feet of space, offering flexibility for prospective owner-users or investors. The building’s configuration is well-suited for tenants looking for a customizable workplace within a traditional office footprint.
The property is positioned along an accessible corridor with direct highway access and NJ Transit bus service to Midtown Manhattan, supporting convenient regional connectivity.
Additional details on unit mix, current occupancy, and lease terms are available upon request.
The property is positioned along an accessible corridor with direct highway access and NJ Transit bus service to Midtown Manhattan, supporting convenient regional connectivity.
Additional details on unit mix, current occupancy, and lease terms are available upon request.
Key Highlights
- Office building built in 2004
- Direct highway access along a highly accessible corridor
- Nearby NJ Transit bus service to Midtown Manhattan
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 | $270.0k | $30.00 |
| − Vacancy | −$86.4k | −$9.60 |
| EGI | $183.6k | $20.40 |
| − OpEx | −$45.9k | −$5.10 |
| NOI | $137.7k | $15.30 |
9,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.97M
$1.72M – $2.30M
NOI $137,700 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.35M
$2.06M – $2.74M
NOI $164,506 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - For-sale office building with direct highway access and nearby NJ Transit bus service to Midtown Manhattan.
Where is this office building located?
The property is located at 670 Bergen Blvd Ridgefield, NJ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Office building built in 2004; Direct highway access along a highly accessible corridor; Nearby NJ Transit bus service to Midtown Manhattan
