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132 Bergen Blvd 23,400 sq ft 100% Let Industrial Property Fairview, NJ 07022 £3,344,168 (£142.91/sq ft) 6.01% Net Initial Yield
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 | £3,344,168 | Net Internal Area (NIA) | 23,400 sq ft |
| Price per sq ft | £142.91 | No. Floors | 2 |
| Sale Type | Investment | Year Built/Renovated | 1953/2020 |
| Yield | 6.01% | Parking Allocation | 0.64/1,000 sq ft |
| Sale Condition | 1031 Exchange | Eaves Height | 16 ft |
| Property Type | Industrial | No. Dock-High Doors/Loading | 1 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Costar Property Class | C | Opportunity Zone |
Yes
|
| Total Plot Size | 0.40 ac | ||
| Use Class | RB | ||
| Price | £3,344,168 |
| Price per sq ft | £142.91 |
| Sale Type | Investment |
| Yield | 6.01% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.40 ac |
| Net Internal Area (NIA) | 23,400 sq ft |
| No. Floors | 2 |
| Year Built/Renovated | 1953/2020 |
| Parking Allocation | 0.64/1,000 sq ft |
| Eaves Height | 16 ft |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Use Class | RB |
AMENITIES
- Bus Route
- Front Loading
- Signage
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Walk Score®
Easily Walkable (83)
PROPERTY TAXES
| Parcel Number | 18-00329-0000-00009 | Improvements Assessment | £2,132,346 |
| Land Assessment | £477,525 | Total Assessment | £2,609,871 |
PROPERTY TAXES
Parcel Number
18-00329-0000-00009
Land Assessment
£477,525
Improvements Assessment
£2,132,346
Total Assessment
£2,609,871
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132 Bergen Blvd
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