71 Union Ave Rutherford, NJ 07070
- Commercial real estate
- 30,720 SF
- 0.83 lot acres
Current Use by Public Records
- Triveni IT / Software Company
- Arthonsys Technologies / Software Company
- Keenan & Doris / Attorney
- Datatusk / Software Company / Business Development Service
- Spinal Alternatives / Medical Center / Medical Supply Store
Property Details for 71 Union Ave
- Year built
- 1982
- Construction
- BRICK
- Lot size
- 0.83 lot acres
- Property size
- 30,720 SF
- Property type
- Commercial real estate
- APN
- 56 00070-0000-00010
- APU
- 5600070000000010
Description
This exceptional Class A office building, situated in the heart of Downtown Rutherford, offers a variety of executive, medical, and traditional office suites. Built in 1982 and extensively renovated in 2007, the property boasts 32,226 square feet across two stories, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 2,500 square feet. Currently, 2,500 square feet of space is available for lease. The building features two elevators for convenient access to all floors. Ample parking is provided with 115 total spaces, partially covered. Accessibility is a key feature, with accessible bathrooms located on each floor. The building is conveniently located near major roadways, including Route 17 and Route 3, providing easy access for commuters. The vibrant Downtown Rutherford location offers nearby amenities such as restaurants, banks, and shopping, enhancing the convenience for tenants and their clients. The property is zoned B-3 and is located in Bergen County. Property taxes and CAM charges are included in the lease. Join an established medical community including dermatology, orthodontics, pain management, gastroenterology, and women's health practices.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,325,000
- 6.5%
- $7,175,000
- 7%
- $6,885,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,855,000
- Geo Method
- $6,525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,985,000
- Retail
- $7,805,000
- Mixed-Use
- $8,330,000
- Hospitality
- $6,150,000
- Educational
- $6,110,000
- Residential Income
- $8,415,000
- Energy
- $6,705,000
- Income-Based Land
- $6,210,000
- Food Service
- $7,900,000
Location Insight
- Map
- Local Demand
- City
- Rutherford
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.1039
- Latitude
- 40.8304
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
