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    475 Market St Elmwood Park, NJ 07407

    For Lease
    Contact for pricing

    Class B Office Building, NJ, Multiple Suites

    Lot size:
    68,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Elmwood Park, New Jersey office building, located at 475 Market Street, offers a prime opportunity for businesses seeking flexible and well-appointed spaces. The four-story, Class B building boasts a total of 68,532 square feet, with multiple tenancy options currently available, ranging from 9,419 to 17,133 square feet. Ideal for executive offices or medical practices, the building features convenient amenities including elevators and covered parking. Its strategic location provides easy access to major transportation arteries, placing it within minutes of the Garden State Parkway, Routes 80 and 46. Commuting to the George Washington Bridge, New York State Thruway, and the New Jersey Turnpike is also convenient, estimated at approximately 15 to 20 minutes. The building is well-maintained and offers the potential for new building installations. This presents a rare chance to secure a well-situated office space in a thriving New Jersey community, with the added benefit of a Class B ownership structure. The zip code is 07407. Contact us today to explore the available suites and discuss your business needs.

    Property Features for 475 Market St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,532 SF
    Class
    B

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Available Space 1 - 1st Floor
    Size
    9,419 SF
    Space
    Available Space 2 - 2nd Floor
    Size
    17,133 SF
    Space
    Available Space 3 - 4th Floor
    Size
    17,133 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    USC Atlantic Inc Ready Mix Concrete Supplier Bio Reference Labs Medical Laboratory National Communication Association Association Or Organization Richard J. Mucowski, ... Neurophysiologist On Assignment Clinical Research Temp Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.109103745974
    Latitude
    40.898991651526

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    FAQs

    What type of property is this?
    Medical office - Class B Office Building, NJ, Multiple Suites
    Where is this medical office located?
    The property is located at 475 Market St Elmwood Park, NJ.
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    475 Market St Elmwood Park, NJ 07407
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    Elmwood Park, NJ 07407
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    Realmo Value Estimation

    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.

    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.

    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
    475 Market St Elmwood Park, NJ 07407
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