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Renovated Medical Office Building
For Sale
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714-720 Broadway, Paterson, NJ 07514

Recently renovated office property with two vacant units available for occupancy or leasing.

Property Size7,500 SF
Days on Market143

Property Features for 714-720 Broadway

General Information

Standard status Active
Size 7,500 SF
Property subtype Office

Building Details

Buildings 1
Listing Agency: Sands Investment Group Philadelphia
Listed By: Tom Gorman · License #PA RM424383
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:52PM

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 Sands Investment Group Philadelphia

Investment Insights

Based on property information with market context.

This 7,500 SF office building at 714-720 Broadway in Paterson, New Jersey, is identified for medical office use and includes two vacant units. Recent renovations provide updated improvements for an incoming owner or future occupants.

The property is offered for sale and presents a multi-unit office configuration with immediate vacancy within the building. Its Broadway address places the asset in Paterson, NJ 07514, while the available units provide flexibility for owner occupancy or leasing to medical office tenants.

Key Highlights

  • 7,500 SF office building at 714‑720 Broadway
  • Medical office property with 2 vacant units
  • Recent renovations completed

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,334
Businesses Nearby

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated office property with two vacant units available for occupancy or leasing.
Where is this office building located?
The property is located at 714-720 Broadway Paterson, NJ.
What are key features of this property?
This property features: 7,500 SF office building at 714‑720 Broadway; Medical office property with 2 vacant units; Recent renovations completed
More about this property
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