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Property profile & analytics
FOR SALE
Commercial real estate

50 Broadway Hillsdale, NJ 07642

6,724 SF 0.7 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US59-1647821
Property summary
AI-generated overview

This exceptional commercial property, located at 50 Broadway in the thriving town of Hillsdale, New Jersey, presents a compelling investment opportunity. The building is classified as an office property and is offered at a price of $32 million. While the precise square footage isn't currently specified, the property's strategic location on Broadway in Hillsdale makes it highly desirable for a variety of businesses. The address alone speaks to the property's potential, situated within a well-established commercial area likely offering excellent visibility and accessibility. The absence of land acreage information suggests the property may be a multi-story building or a building situated on a smaller lot, ideal for a dense urban or suburban setting. Given the price point, this property is likely to attract significant interest from investors seeking a high-return opportunity in a prime New Jersey location. Further due diligence is recommended to fully assess the property's potential and to determine its suitability for specific business needs. Interested parties are encouraged to conduct thorough research and inspections to confirm all aspects of the property before making an offer. The lack of detailed information underscores the need for a comprehensive evaluation to fully understand the property's characteristics and its potential for future development or immediate occupancy. This presents a unique chance to acquire a significant commercial asset in a desirable New Jersey market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 6,724 SF
Lot 0.7 ac (30,494 SF)
APN 27 01307-0000-00013
UPID US59-1647821
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
  • Henna Abbassi, Broker-Sales Associate - Coldwell Banker Real Estate Agency
  • Kelley Criscione - Bergen County Real Estate Agent Real Estate Agency
  • Coldwell Banker Realty : Widad Abbasi Real Estate Agency
  • Coldwell Banker Realty Real Estate Agency
  • kimberly fontanetta Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.40M
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.2M +12.2%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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