Property profile

999 Riverview Dr Unit 2ND 2nd Totowa, NJ 07512

FOR LEASE
Commercial real estate
Property ID
US59-1605392
50,144 SF 3.02 ac lot Built 1990
Entity Owned 2-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Law Firm Child Welfare Organization
  • Law Firm
  • Building Inspector
  • Property Management Company

Location

999 Riverview Dr Unit 2ND, Unit 2nd Totowa, NJ 07512
Totowa metro Census 223802 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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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

since 2024
Last sale
$2.5M
3 recorded transactions
2024
Price N/A
2024
$2.5M
2017
$3.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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