383 Us-46 Fairfield, NJ 07004
This exceptional 34,445 square foot, three-story office building in Fairfield, New Jersey, presents a unique owner-user opportunity. Located at 383 US-46, this Class B property sits on a 1.66-acre lot and boasts 91 parking spaces. Built in 1974, the building features an elevator, is 100% sprinklered, and includes an onsite natural gas-fired generator, ensuring reliable operation. Currently, 78% of the space is occupied by a single tenant. The H-D zoning allows for a broad range of uses, including office, retail, educational, and medical facilities. Its prime location offers excellent visibility on Route 46, with convenient access to major roadways such as Routes 23, 80, 280, and 287, and a full interchange with Route 46 and Hollywood Avenue. The asking price is $4,800,000 ($139.35/SF). The building has been owner-occupied since 1985, demonstrating its long-term viability and potential. This is an excellent opportunity for a business seeking a well-maintained property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.