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913 Rt 23

8,000 SF 100% Leased Office Building Pompton Plains, NJ 07444 $2,309,120 CAD ($288.64 CAD/SF) 4.89% Cap Rate

INVESTMENT HIGHLIGHTS

  • Great highway location

EXECUTIVE SUMMARY

Major work done in last 10+ years: Roof replaced in 2013 and storm related repair in 2024, boilers replaced 2011 and over the years work on HVAC system, replacement of sewer pipes to building to septic 2024, back landing reinforced and renovated 2024

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
8,000 SF
Building Class
C
Year Built
1979
Price
$2,309,120 CAD
Price Per SF
$288.64 CAD
Cap Rate
4.89%
NOI
$112,858 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
0.23
Lot Size
0.79 AC
Zoning
R-15 - See town zoning
Parking
38 Spaces (4.75 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-00304-0000-00024
Land Assessment
$1,287,096 CAD (2024)
Improvements Assessment
$347,883 CAD (2024)
Total Assessment
$1,634,979 CAD (2024)
  • Listing ID: 34257706

  • Date on Market: 2024-12-20

  • Last Updated:

  • Address: 913 Rt 23, Pompton Plains, NJ 07444

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