Property summary
This exceptional investment opportunity presents a fully leased, 10,650 square foot medical office building situated in Old Tappan, New Jersey. Located at 215 Old Tappan Road, this single-story, 2017-renovated building boasts six tenants and offers a stabilized investment profile as a fully leased property. The property sits on one acre of land and is zoned B1. The building features convenient amenities including an elevator and basement storage accessible via both elevator and an exterior scissor lift. Ample parking is available, enhancing the property's appeal. Its prime location across from a major shopping center and near 225 new residential units ensures high visibility and strong tenant demand. The building is professionally managed and maintained, minimizing operational concerns for the investor. While currently fully leased, one unit could potentially be made available for a user. This presents a rare opportunity to acquire a high-quality, well-maintained medical office building in a desirable Bergen County location. The property's strong tenant base, excellent location, and recent renovations make it an attractive investment for those seeking a stable, high-performing asset. The building's features and location combine to create a compelling investment opportunity with significant potential for long-term growth and return.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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