Two-Suite Office
75 Armour Pl Unit 206-207, Dumont, NJ 07628
For Sale
New
Contact for pricing
The offices can function as one workplace or operate as separate suites, each accessed from the shared corridor.
Property Size1,000 SF
Price / SF$1.67
Days on Market7
Property Features for 75 Armour Pl Unit 206-207
General Information
Standard status
Size
Additional Details
Office Units
Property Use
Listing Agency:
RE/MAX NOW - Norwood
Listed By:
Christopher Kim
(201) 466-2738
Source:
Brentsellsnj
Added: Nov 3
Changed: Nov 9
Last Checked: Nov 8 at 3:40AM
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 RE/MAX NOW - Norwood
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 75 Armour Place, units 206 and 207 comprise two private offices connected internally. Each measures approximately 500 SF, for a combined area of about 1,000 SF. Their layout allows the spaces to be occupied together or independently, and each office has a separate entry from the common hallway.
Key Highlights
- Two offices of approximately 500 SF each, totaling about 1,000 SF
- Connected internally, with the option to occupy the suites together or separately
- Each office has its own entrance from the common hallway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,300
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,000
$306.0K
Cap Rate 7%
$218,571
$218.6K
Cap Rate 9%
$170,000
$170.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.0K $30.00/SF
− Vacancy
−$9.6K −$9.60/SF
EGI
$20.4K $20.40/SF
− OpEx
−$5.1K −$5.10/SF
NOI
$15.3K $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 Rate 5%
$306,000
Cap Rate 7%
$218,571
Cap Rate 9%
$170,000
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 916.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 1,094.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
Demographics for 07628, NJ
17,863
Population
6,781
Households
2.6
Avg Household Size
43
Median Age
47%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,402
Density / Sq Mi
$125,585
Median Household Income
$60,663
Median Earnings
$1,778
Median Rent
$469,900
Median Home Value
Market
Average Price Trend$/SF for Office Units in Bergen County, NJ
Properties on Market for Office Units in Bergen County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The offices can function as one workplace or operate as separate suites, each accessed from the shared corridor.
Where is this office unit located?
The property is located at 75 Armour Pl Unit 206-207 Dumont, NJ.
What are key features of this property?
This property features: Two offices of approximately 500 SF each, totaling about 1,000 SF; Connected internally, with the option to occupy the suites together or separately; Each office has its own entrance from the common hallway
