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132 Bergen Blvd 23,400 SF 100% Leased Industrial Building Fairview, NJ 07022 $6,190,670 CAD ($264.56 CAD/SF) 6.01% Cap Rate
INVESTMENT HIGHLIGHTS
- opportunity zone
- NOI $ 281,000
- All Occupied. Good investment property
EXECUTIVE SUMMARY
Good for the 1031 exchange property ( OPPORTUNITY ZONE applied). Rare to find the steady investment property in Bergen County. All occupied with lease expiry for more three years .( the shortest one will expire on Jan 31 2028 ) . Net Operating income : about $ 269,144 ( Cap rate : about 6 % ). 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 | $6,190,670 CAD | Rentable Building Area | 23,400 SF |
| Price Per SF | $264.56 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1953/2020 |
| Cap Rate | 6.01% | Parking Ratio | 0.64/1,000 SF |
| Sale Condition | 1031 Exchange | Clear Ceiling Height | 16’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 1 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.40 AC | ||
| Zoning | RB | ||
| Price | $6,190,670 CAD |
| Price Per SF | $264.56 CAD |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| 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 |
| Zoning | RB |
AMENITIES
- Bus Line
- Front Loading
- Signage
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 18-00329-0000-00009 | Improvements Assessment | $4,026,147 CAD |
| Land Assessment | $901,629 CAD | Total Assessment | $4,927,776 CAD |
PROPERTY TAXES
Parcel Number
18-00329-0000-00009
Land Assessment
$901,629 CAD
Improvements Assessment
$4,026,147 CAD
Total Assessment
$4,927,776 CAD
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132 Bergen Blvd
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