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1182 Teaneck Road 1178-1182 Teaneck Rd 8,348 SF 76% Leased Office Building Teaneck, NJ 07666 $2,040,480 CAD ($244.43 CAD/SF)
Investment Highlights
- Located in Teaneck’s B-R Special Business–Residential District
- Medical use permitted; residential conversion possible
- Potential Upside - Current tenants month to month leases are based on usable SF and not Rentable SF
- Eight tenants with short-term leases allow for owner occupancy
- Recently paved parking lot with 13 spaces plus garage
Executive Summary
This a great user / investor opportunity.
Whether retained as a multi-tenant investment or repositioned for owner user, this asset offers a rare blend of income, flexibility, and location in one of Bergen County’s most desirable municipalities.
Current NOI does not reflect the additional income by converting leases to rentable SF vs. Usable SF
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
You will not be disappointed when you view this wonderful office space. Located in a well maintained building this professional suite is on the second floor and is light & bright. Within this large office you will find three private offices and an additional area that can be closed off to be a fourth office if needed. Central a/c & heat have sep thermostats for the 3 areas. Plus an area that can be used for additional cooling if needed for a bank of computers. Two doors access both a front and rear door to the same space. The utilities are the responsibility of the tenant. The building has 24 hr access, an intercom/buzzer system to add to the secure feeling in this friendly environment. Popular location close to Route 4. Parking lot located at the rear of the building. Building also for sale.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 207 | 2,014 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 207
| Size |
| 2,014 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 207
| Size | 2,014 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
You will not be disappointed when you view this wonderful office space. Located in a well maintained building this professional suite is on the second floor and is light & bright. Within this large office you will find three private offices and an additional area that can be closed off to be a fourth office if needed. Central a/c & heat have sep thermostats for the 3 areas. Plus an area that can be used for additional cooling if needed for a bank of computers. Two doors access both a front and rear door to the same space. The utilities are the responsibility of the tenant. The building has 24 hr access, an intercom/buzzer system to add to the secure feeling in this friendly environment. Popular location close to Route 4. Parking lot located at the rear of the building. Building also for sale.
Property Taxes
| Parcel Number | 60-04807-0000-00005 | Improvements Assessment | $1,283,462 CAD |
| Land Assessment | $727,771 CAD | Total Assessment | $2,011,233 CAD |
Property Taxes
Presented by
1182 Teaneck Road | 1178-1182 Teaneck Rd
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