522 Broad St, Unit 26, Glen Rock, NJ 07452-1325
- Commercial real estate
- 12,120 SF
- 0.45 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 522 Broad St
- Construction
- METAL FRAME
- Lot size
- 0.45 lot acres
- Property type
- Commercial real estate
- APN
- 22 00038- 01-00009- 01
- APU
- 2200038010000901
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 8, 2022 | $187,758 | Je Broad Tic LLC | 530 Broad Street Holding 3 LLC | Deed | — |
| Sep 8, 2022 | $4,000,000 | Lrc5 LLC | 530 Broad Street Holding 3 LLC | Deed | $2.7M · The Dime Savings Bank Williamsburgh |
| May 23, 2016 | $2,225,000 | 530 Broad Street Holding 3 LLC | Coco Family Realty Mgmt LLC | Grant Deed | — |
| Mar 19, 2010 | $1,800,000 | Coco Family Realty Mtg LLC | Vander Wall Family LLC | Grant Deed · related | $1M · Vander Wall Family LLC |
| — | — | Coco Family Realty Mgmt LLC | — | Deed Of Trust · related | $1M · Lakeland Bank |
Description
This exceptional 1,360-square-foot office suite in Glenridge offers a versatile and productive workspace ideal for a variety of businesses. The single-tenant space features five private offices, perfect for individual work or team collaboration, and a welcoming reception area to greet clients and visitors. The suite is bathed in natural light, creating a bright and inviting atmosphere conducive to productivity. The building itself is a two-story commercial structure, providing convenient amenities such as a passenger elevator for easy access to all floors and an unattended lobby for a streamlined entry experience. The office space also benefits from pre-installed partitioned offices, offering immediate functionality and privacy. Parking is abundant, with a large surface lot directly in front of the building, as well as convenient street parking options. The building's location in a tranquil area of Glenridge ensures a peaceful and serene work environment, away from the noise and congestion of busier areas. This is a rare opportunity to secure a well-appointed office suite in a desirable location at a competitive rate. The combination of modern amenities, ample parking, and a peaceful setting makes this property an exceptional choice for businesses seeking a productive and comfortable workspace.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,495,000
- ML approach
- $4,560,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,820,000
- 6.5%
- $2,600,000
- 7%
- $2,415,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,203,000
Market price range: $2.39M - $5.06M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,550,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $3,980,000 Change: +12% Conversion: Moderate
- OFFICE BUILDING
- $2,930,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Glen Rock
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.1264
- Latitude
- 40.9692
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
