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670 Bergen Blvd 9,000 SF 100% Leased Office Building Ridgefield, NJ 07657 $3,831,800 CAD ($425.76 CAD/SF)
Executive Summary
670 Bergen Boulevard presents a compelling value-add office opportunity with exceptional flexibility for both owner-users and investors. Positioned along one of Bergen County's most accessible corridors — with direct highway access and NJ Transit bus service to Midtown Manhattan — the property offers an exceptional combination of connectivity and upside potential.
With in-place rents below current market levels and the majority of the building available for repositioning in the near term, 670 Bergen Boulevard offers a well-defined path to increase net operating income through strategic rent resets and NNN lease restructuring at rollover. This combination of below-market leasing, near-term lease expiration, and flexible occupancy potential positions the asset as a high-upside acquisition for investors seeking repositioning optionality or owner-users looking to secure and customize their own space.
With in-place rents below current market levels and the majority of the building available for repositioning in the near term, 670 Bergen Boulevard offers a well-defined path to increase net operating income through strategic rent resets and NNN lease restructuring at rollover. This combination of below-market leasing, near-term lease expiration, and flexible occupancy potential positions the asset as a high-upside acquisition for investors seeking repositioning optionality or owner-users looking to secure and customize their own space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,000 SF
Building Class
B
Year Built
2004
Price
$3,831,800 CAD
Price Per SF
$425.76 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Building FAR
0.83
Lot Size
0.25 AC
Zoning
C
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-01304-0000-00015 | Improvements Assessment | $1,463,889 CAD |
| Land Assessment | $749,604 CAD | Total Assessment | $2,213,493 CAD |
Property Taxes
Parcel Number
49-01304-0000-00015
Land Assessment
$749,604 CAD
Improvements Assessment
$1,463,889 CAD
Total Assessment
$2,213,493 CAD
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670 Bergen Blvd
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