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    42 Locust Ave Wallington, NJ 07057
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    Property profile & analytics

    42 Locust Ave, Wallington, NJ 07057

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    • Commercial real estate
    • 0.22 lot acres
    Spacious Medical Office For Rent For Lease
    $6,500/Mo
    10,000 SF

    Spacious Medical Office For Rent

    Large, flexible medical office space with ample room to grow.

    42 Locust Ave, Wallington, NJ 7057
    View Listing
    Property ID
    US59-1510949
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,000,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chapa Mary / Employment Agency
    • Dr. Amit Tailor / Physician
    • C Rozdeba And M Lopinska Mds Llc / Pediatrician / Medical Clinic
    • Prime Care Pediatrics / Pediatrician / Medical Clinic
    • Beata Rodzen / Pediatrician / Medical Clinic

    Property Details for 42 Locust Ave

    Year built
    1992
    Lot size
    0.22 lot acres
    Zone code
    LI-C
    Property type
    Commercial real estate
    APN
    65 00040-0000-00001
    APU
    6500040000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 25, 2023 $1,950,000 Nadia Investment LLC Wallington Medical Plaza Associates Deed $1M · Nova Ua FCU

    Description

    This exceptional 10,000 square foot medical office space is available for lease in Wallington, NJ. Located at 42 Locust Avenue, Unit 5, this second-floor suite offers convenient elevator and stair access. The layout is ideally suited for a medical practice, featuring a spacious waiting room, a dedicated reception area, four well-appointed exam rooms, a combined lab and kitchenette, two half bathrooms, one full bathroom, and two private offices. A convenient conference room provides a space for meetings and consultations. The property also boasts ample parking within a covered garage on the premises, ensuring convenient access for both staff and patients. The property sits on a 0.22-acre lot. The monthly lease rate is $3300. This turnkey space is ready for immediate occupancy and presents a fantastic opportunity for a growing medical practice seeking a well-equipped and conveniently located office. The building offers easy access to major transportation routes, making it an ideal location for patients and staff alike. The combination of size, amenities, and parking makes this a highly desirable property. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,090,000
      ML approach
      $2,000,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wallington
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.113
    Latitude
    40.8508
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $51,264
    $275,500
    $1,324,500
    $1,600,000
    -
    $275,500
    $1,324,500
    $1,600,000
    View Listing
    More about this property
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