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Property profile & analytics
OFF-MARKET Estimated value $2,245,000
Commercial real estate

18 Railroad Ave Rochelle Park, NJ 07662-4105

24,720 SF 1.29 ac lot
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US59-2942985
Property summary
AI-generated overview

This exceptional single-tenant office space, located at 18 Railroad Avenue, offers 3,100 square feet of well-designed workspace. The property is part of a larger building totaling 24,720 square feet. The suite itself boasts five private offices, perfect for individual work or team collaboration, along with a dedicated conference room for meetings and presentations. A convenient kitchenette is included for employee use. Separate utility meters ensure efficient cost management. The space is immediately available and ready for occupancy. The lease rate is competitively priced at $23.50 per square foot. This is an excellent opportunity for a business seeking a move-in ready, efficient, and well-appointed office space in a desirable location. The building's traditional office design provides a professional and comfortable environment. The available space represents a significant portion of the building's total square footage, offering ample room for growth and expansion. The layout is conducive to a variety of business needs, from small startups to established companies. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property features a functional and modern design, ensuring a productive work environment. The separate utilities offer cost transparency and control.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 24,720 SF
Lot 1.29 ac (56,192 SF)
APN 54 00059-0000-00005
UPID US59-2942985
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. George Azzariti Pediatrician Medical Clinic
  • PEDIMEDICA : Dr. Basil Bruno Pediatrician Medical Clinic
  • Sky Academy Youth Center Training Center Tutoring Service
  • Pedimedica Medical Clinic
  • Steam Academies Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$2.25M
Owner & transaction history
Lenna Newman Perlman · 2 yrs held
Lenna Newman Perlman
since 2024
Last sale
$2.2M
4 recorded transactions
2025
Price N/A
2024
Price N/A
2023
$2.2M
2009
$2.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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