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Property profile & analytics
OFF-MARKET Estimated value $2,370,000
Commercial real estate

240 Passaic St Maywood, NJ 07607-1264

18,240 SF 1.07 ac lot
Entity Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US59-0940738
Property summary
AI-generated overview

This exceptional Maywood, New Jersey property, located at 240 W. Passaic Street, offers a versatile office space ideal for medical or general office use. The building boasts a total of 18,240 square feet, with 2,311 square feet currently available for lease in Suite 9. This suite features four offices, including a large open area, a conference room, and a bathroom. Spanning two floors, the building is conveniently equipped with an elevator for easy access. The property sits on a 1.07-acre lot and provides ample on-site parking for tenants and visitors. The building is fully air-conditioned, ensuring a comfortable work environment year-round. Its strategic location offers excellent highway accessibility, being just half a block from Route 17, and is only 1.6 miles from Hackensack University Medical Center (HUMC). Public transportation is also readily available, with NJ Transit bus service conveniently located on the same block. This property presents a unique opportunity to secure a well-maintained, spacious office space in a highly desirable location. Inquire for lease rates.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 18,240 SF
Lot 1.07 ac (46,609 SF)
APN 34 00087-0000-00002
UPID US59-0940738
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
  • Eileen Carmona Foster Care Service Social Service Agency
  • Suho Lee Dental Office
  • Three Leaf Acupuncture, LLC Medical Clinic Alternative Medicine Practice
  • Metropolitan Court Reporting Service, Inc. Law Firm
  • Singh Prabhjot DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.37M
Owner & transaction history
MIRAJ REALTY LLC
MIRAJ REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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