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    FOR LEASE
    Commercial real estate

    999 Riverview Dr 2nd, Totowa, NJ 07512

    50,144 SF 3.02 ac lot Built 1990
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US59-1605392
    Property summary
    AI-generated overview

    This exceptional Class A office space at 999 Riverview Drive, 2nd Floor, Totowa, NJ 07512, offers a variety of flexible workspace solutions. Located in Passaic County, this contemporary building boasts 13,503 total square feet, with 5,970 square feet currently vacant. The property features 350 suites, offering spaces ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, perfect for businesses of all sizes. Multiple tenancy options are available. The building underwent renovations in 2019 and includes modern amenities such as elevators. Its prime location provides easy access to a commercial hub, less than 30 minutes from Newark International Airport and Jersey City, ideal for attracting both local and international clients. The building is surrounded by landscaped gardens and is conveniently located near parks and restaurants. This property is perfect for businesses seeking a modern, well-maintained, and easily accessible office space in a vibrant location. The property type includes Executive Office, Coworking, and Creative Office spaces.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1990
    Total area 50,144 SF
    Lot 3.02 ac (131,682 SF)
    APN 12 00166- 04-00001
    UPID US59-1605392
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.74M
    Blend (final) Blend
    $3.44M
    Owner & transaction history
    Heritage Capital Management LLC · 2 yrs held
    Heritage Capital Management LLC
    since 2024
    Last sale
    $2.5M
    3 recorded transactions
    2024
    2024
    $2.5M
    2017
    $3.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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