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Property profile & analytics
OFF-MARKET Estimated value $2,755,000
Commercial real estate

2 Frst Ave Oradell, NJ 07649-1959

0.77 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1249813
Property summary
AI-generated overview

This exceptional office property, located at 2 Forest Avenue in Oradell, New Jersey, presents a unique investment opportunity. While the square footage is currently unavailable, the property is situated on a 0-acre lot, offering convenient access and ample potential for expansion or redevelopment. The asking price for this office building is $32 million. The address, 2 Forest Avenue, places the property in a desirable location within Oradell, offering easy access to major transportation routes and local amenities. The building's specific features and internal layout are currently unavailable, but its prime location and substantial asking price suggest a significant opportunity for a discerning buyer. Further details regarding the building's specifications, including square footage, internal layout, and existing infrastructure, are available upon request. This property is being offered as-is, and potential buyers are encouraged to conduct their own due diligence to assess its suitability for their specific needs and investment goals. Given the strategic location and the substantial investment required, this property represents a compelling opportunity for those seeking a high-value office asset in a thriving New Jersey market. Interested parties should contact the listing agent for further information and to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 0.77 ac (33,550 SF)
APN 44 00503-0000-00064
UPID US59-1249813
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
  • Giblin & Gannaio Law Firm
  • Garrahan Shannon Law Firm
  • G & C Financial Advisors Financial Advisor
  • PJ'S Cleanouts - Junk Removal & Demolition Services Waste Management Facility
  • Prime Private Equity Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.76M
Owner & transaction history
2 Forest Avenue Holdings LLC · 4 yrs held
2 Forest Avenue Holdings LLC
since 2021
Last sale
$2.5M
3 recorded transactions
2021
$2.5M
1988
$2.1M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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