132 Bergen Blvd
23,400 SF 100% Leased Industrial Building Fairview, NJ 07022 $5,300,000 ($226/SF)
INVESTMENT HIGHLIGHTS
- opportunity zone
- NOI $ 295,000
- All Occupied. Good investment property
EXECUTIVE SUMMARY
All occupied with lease expiry for more three years .( the shortest one will expire on Jan 31 2028 ) Good for the investment . Opportunity zone applied. Net Operating income : about $ 295,000. Great location on Bergen Blvd in Fairview bordering Hudson County. Totally renovated inside some years ago (New gas heating system , new plumbing, Sprinkler system, new LED lighting, fresh painting on wall, ceiling, newly polished hardwood floor, new toilets in all bathrooms). 1 loading dock( 1st fl) + 3 O/H door( ground fl). ceiling height : 16 ft ( ground Fl ), 12 ft ( 1st Fl)
PROPERTY FACTS
| Price | $5,300,000 |
| Price Per SF | $226 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.40 AC |
| Rentable Building Area | 23,400 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2020 |
| Parking Ratio | 0.64/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
AMENITIES
- Bus Line
- Front Loading
- Signage
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 18-00329-0000-00009 | Improvements Assessment | $2,853,400 |
| Land Assessment | $639,000 | Total Assessment | $3,492,400 |
ZONING
| Zoning Code | RB |
