Commercial space For Sale in Fairview, NJ
MLS# : 24000758
PROPERTY DETAILS
PROPERTY DESCRIPTION
Opportunity to Acquire Well-Located, Income-Producing Property in Fairview, NJ. This beautiful corner property is located on Anderson Ave in Fairview, NJ on a busy main street. The building was recently renovated & is currently occupied by a Pain Management doctor. The tenant is on a triple net lease, which makes this an ideal investment to be added to any portfolio, earning a 4.86% cap rate. The property features 1,982 sqft of space & comes with six parking spaces. It is located in a highly desirable area with easy access to major highways & public transportation. The property is also close to a variety of businesses & amenities, making it a great location for any business. The tenant is a well-established Pain Management doctor with a lease ending in Feb '25. The NNN structure means that the tenant is responsible for all taxes, insurance, & maintenance, which makes this a very low-maintenance investment. Space can be subdivided. Perfect for owner user.
Amenities
This listing is a courtesy of Triumph Group Real Estate, LLC
(201) 482-6900 office, listing agent Mohamed Eisa
About Fairview, NJ Real Estate Market
Currently, the population of Fairview stands at around 14,000 people, with the borough spreading over 0.85 square miles, thus making it one of the smallest boroughs in Bergen County in terms of area. Named after its view of the Hackensack River Valley, Fairview shares its borders with other municipalities of Bergen County, such as Ridgefield and Cliffside Park and even the North Bergen from the Hudson County.
Fairview is a small town, which does not have any large mansions, but small and quaint homes for sale in NJ across the small lanes of the borough. It has two cemeteries, Fairview Cemetery and Mount Moriah Cemetery, which are located along the Western Hudson Pallisades and are two of the biggest cemeteries in Bergen County. Apart from that, Fairview also has a few bars and restaurants, which make sure that life in the borough is not too boring and hush-hush at all.
| Population: | 13,835 |
| Total Housing Units: | 5,150 |
| Single Family Homes: | 2,121 |
| General Tax Rate (2021): | 2.479% |
| Effective Tax Rate (2021): | 2.286% |
| Compare To Other Towns |
Fairview Market Indicators
PRICE INDEX
| Average Price* (12mo): | $583,643 |
| Homes Sold* (12mo): | 13 |
SINGLE FAMILY HOME SALES
Fairview, NJ
REAL ESTATE TAXES
| General Tax Rate (2021): | 2.479% |
| Effective Tax Rate (2021): | 2.286% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
