Two-Story Medical Office
767 NORTHFIELD AVE Unit ALL West Orange, NJ 07052
For Sale
$815,000
Two-story medical building with bright, window-lined floors and ample on-site parking near Cooperman Barnabas Medical Center.
Property Size2,461 SF
Price / SF$331.17
Days on Market249
Property Features for 767 NORTHFIELD AVE Unit ALL
General Information
- Standard status
- Active
- Size
- 2,461 SF
- Property subtype
- Office
Building Details
- Year Built
- 1920
Listing Agency:
BHHS JORDAN BARIS REALTY
(917) 282-4402
Listed By:
BRUCE H MARCUS
(917) 282-4402
Source:
Xome
Added: Nov 17, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:34PM
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 BHHS JORDAN BARIS REALTY
Investment Insights
Based on property information with market context.
This two-story medical office building offers a professionally arranged layout across both floors, designed to support medical and healthcare practitioners. Generous windows bring in abundant natural light, creating a bright, calming environment for patients and providers. Each floor is configured to support a wide range of medical services or office setups, providing flexibility for a variety of practice needs.
The building is positioned in a prominent, easily accessible location and is approximately 3/4 mile from Cooperman Barnabas Medical Center. Ample parking is available for both patients and staff, supporting convenient daily access and operations in close proximity to a major healthcare campus.
Overall, the property provides an efficient two-level footprint with strong daylit interior spaces and practical on-site parking, well-suited for medical offices seeking proximity to Cooperman Barnabas Medical Center.
The building is positioned in a prominent, easily accessible location and is approximately 3/4 mile from Cooperman Barnabas Medical Center. Ample parking is available for both patients and staff, supporting convenient daily access and operations in close proximity to a major healthcare campus.
Overall, the property provides an efficient two-level footprint with strong daylit interior spaces and practical on-site parking, well-suited for medical offices seeking proximity to Cooperman Barnabas Medical Center.
Key Highlights
- 3/4 mile to Cooperman Barnabas Medical Center
- Two‑story freestanding medical/office building
- Zoned Office; located in the Central Business District (CBD)
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 | $73.8k | $30.00 |
| − Vacancy | −$23.6k | −$9.60 |
| EGI | $50.2k | $20.40 |
| − OpEx | −$12.6k | −$5.10 |
| NOI | $37.7k | $15.30 |
2,461 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$537.9K
$470.7K – $627.6K
NOI $37,653 @ 7.0% cap · market cap 4.62%
Second Best
Healthcare Medical
$523.5K
$458.0K – $610.7K
NOI $36,643 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$642.6K
$562.3K – $749.7K
NOI $44,983 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
FAQs
What type of property is this?
Medical center - Two-story medical building with bright, window-lined floors and ample on-site parking near Cooperman Barnabas Medical Center.
Where is this medical center located?
The property is located at 767 NORTHFIELD AVE Unit ALL West Orange, NJ.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: 3/4 mile to Cooperman Barnabas Medical Center; Two‑story freestanding medical/office building; Zoned Office; located in the Central Business District (CBD)
