Property Lookup
156 Broadway Hillsdale, NJ 07642
- Commercial real estate
- 4,500 SF
- 0.34 lot acres
Current Use by Public Records
- Dr. Christopher M. Cappelli, DDS / Dental Office
- Cappelli Dental Associates / Dental Office
Property Details for 156 Broadway
- Construction
- BRICK
- Lot size
- 0.34 lot acres
- Property size
- 4,500 SF
- Property type
- Commercial real estate
- APN
- 27 01401-0000-00008
- APU
- 2701401000000008
Description
This exceptional office building, located at 156 Broadway in the thriving town of Hillsdale, New Jersey, presents a unique investment opportunity. Priced at $1,900,000, the property offers significant potential for return. While the exact square footage is not currently specified, the building's prime location on Broadway ensures high visibility and accessibility. Its strategic position within Hillsdale provides easy access to major transportation routes, making it an attractive option for businesses and professionals. The property sits on a lot with no acreage specified, offering a compact and efficient footprint. The building's current configuration is ideal for a variety of office uses, and its solid construction ensures long-term durability. This is a chance to acquire a well-situated commercial property in a desirable New Jersey market. The property's strong location and potential for future growth make it an attractive investment for both seasoned investors and those seeking a stable, income-generating asset. Further details regarding the building's internal layout and specifications are available upon request. Serious inquiries are encouraged to explore this promising opportunity to own a piece of Hillsdale's vibrant commercial landscape. Don't miss out on this chance to secure a valuable asset in a highly sought-after location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $965,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $489,000
Market price range: $271k - $705k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,315,000 Current use
- OFFICE BUILDING
- $1,085,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hillsdale
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0405
- Latitude
- 41.0047
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA