Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    220 Little Falls Rd Cedar Grove, NJ 07009

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    220 Little Falls Rd Cedar Grove, NJ 07009

    View on Map
    • Industrial properties
    For Lease
    $17 SF/Yr
    View Listing →
    Peckman River Industrial Flex Space For Lease
    $17 SF/Yr

    Peckman River Industrial Flex Space

    7,500 SF Flex Space in Cedar Grove, NJ

    Overbrook, NJ 07009
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 220 Little Falls Rd

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 7,500-square-foot single-tenant industrial flex space is ideally located at 220 Little Falls Road in Cedar Grove, New Jersey, zip code 07009. Situated in the Suburban Essex County submarket, this property offers a versatile layout perfect for a variety of businesses. The building boasts 1,900 square feet of dedicated office space, providing ample room for administrative functions and client meetings. The remaining space is well-suited for warehouse or light manufacturing needs. High ceilings, measuring 16 feet, offer significant vertical storage capacity and allow for the efficient use of overhead equipment. Convenient loading and unloading is facilitated by two tailgate loading doors. This property presents a unique opportunity for businesses seeking a functional and strategically located space in a thriving New Jersey community. The property's address is easily accessible via Little Falls Road, providing excellent connectivity to major transportation arteries. This single-tenant occupancy ensures privacy and control over the entire space. The property is ready for immediate occupancy. Inquire today for further details and to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Grove
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2276
    Latitude
    40.8625

    Comparable in this City

    • Value Estimation by Request
      30,000 SF

      220 Little Falls Rd

      Flex space • 30,000 SF
      220 Little Falls Rd, Cedar Grove, NJ 07009
      View Details
    • Value Estimation by Request
      1.26 Acres

      50 Sand Park Rd

      INDUSTRIAL (GENERAL) • 1.26 Acres
      50 Sand Park Rd, Cedar Grove, NJ 07009
      View Details
    • Value Estimation
      $31,190,000
      13.94 Acres

      10 Cliffside Dr

      INDUSTRIAL (GENERAL) • 13.94 Acres
      10 Cliffside Dr, Cedar Grove, NJ 07009-1227
      View Details
    • Value Estimation
      $3,605,000
      0.89 Acres

      25 Rutgers Ave

      INDUSTRIAL (GENERAL) • 0.89 Acres
      25 Rutgers Ave, Cedar Grove, NJ 07009-1443
      View Details
    • Value Estimation
      $7,955,000
      30,796 SF

      105 Sand Park Rd

      INDUSTRIAL (GENERAL) • 30,796 SF
      105 Sand Park Rd, Cedar Grove, NJ 07009
      View Details
    • Value Estimation
      $620,000
      1.29 Acres

      71 Vlg Park Rd

      INDUSTRIAL (GENERAL) • 1.29 Acres
      71 Vlg Park Rd, Cedar Grove, NJ 07009-1212
      View Details

    Similar Nearby for Sale

    • $2,500,000
      Pending

      Versatile Commercial Property on Pompton Avenue

      Expansive commercial property with retail, shop, office, and storage.
      1190 Pompton Ave, Cedar Grove, NJ 07009
      View Details
    • $2,500,000
      8,757 SF

      Versatile Commercial Property on Pompton Avenue

      Expansive commercial property with retail, office, and storage space.
      1190 Pompton Ave, Cedar Grove, NJ 07009
      View Details
    • Contact for pricing

      Redevelopment Opportunity in Cedar Grove

      Approximately 0.51-acre land for redevelopment in Cedar Grove, NJ.
      694 Pompton Ave, Cedar Grove, NJ 07009
      View Details
    • $1,200,000
      Pending

      Mixed-Use Property on Pompton Avenue

      Highly visible mixed-use property with commercial and residential spaces.
      857 Pompton Ave, Cedar Grove, NJ 07009
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      7,500 SF

      Peckman River Industrial Flex Space

      7,500 SF Flex Space in Cedar Grove, NJ
      220 Little Falls Rd, Cedar Grove, NJ 07009
      View Details
    • Contact for pricing

      Cedar Grove Flex Space Available

      Flex space with office and tailgate loading door for rent.
      216 Little Falls Rd, Cedar Grove, NJ 07009
      View Details
    • Contact for pricing
      7,500 SF

      Cedar Grove Industrial Space Available

      7,500 SF industrial space for lease in Cedar Grove.
      216-220 Little Falls Rd, Cedar Grove, NJ 07009
      View Details
    • $13 SF/Yr
      5,000 SF

      Cedar Grove Warehouse Space Available

      5,000 SF warehouse with 1,720 SF office space.
      371 Little Falls Rd, Cedar Grove, NJ 07009
      View Details
    • $18 SF/Yr
      3,169 SF

      Cedar Grove Warehouse Space Available

      3,169 SF warehouse space for lease in Cedar Grove.
      216 Little Falls Rd, Cedar Grove, NJ 07009
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    220 Little Falls Rd
    Cedar Grove, NJ 07009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!