This exceptional office building, located at 576 Valley Brook in Lyndhurst, New Jersey, presents a unique investment opportunity. Priced at $800,000, the property offers significant potential for growth and return. While the exact square footage is not currently specified, the building sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. Its location in Lyndhurst provides easy access to major transportation routes, making it an attractive option for businesses seeking convenient commuting for employees and clients. The property's classification as an "Office" building indicates its suitability for a variety of professional uses, from small businesses to larger corporate offices. Further details regarding the building's internal layout, amenities, and potential for expansion are available upon request. Interested parties are encouraged to schedule a viewing to fully assess the property's potential and determine its suitability for their specific needs. This is a rare opportunity to acquire a well-situated office building in a thriving New Jersey community. The asking price reflects the property's strong potential and strategic location within the Lyndhurst market. Serious inquiries only.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$608,965
6.5%
$562,122
7%
$521,970
Comparable approach
Method
Valuation
Relative Method
$424,645
Geo Method
$424,645
Alternative Use
Use
Valuation
Industrial / Distribution
$1,106,690
Retail / Commercial
$567,504
Mixed-Use / Specialty
$565,481
Hospitality / Lodging
$414,875
Office
$562,122
Institutional / Educational
$587,872
Residential Income
$687,811
Multifamily
$824,923
Automotive / Energy
$503,891
Parking / Income-Based Land
$173,886
Restaurant / Food Service
$294,111
Healthcare / Senior Housing
$579,890
Location Insight
City
Lyndhurst
County
Bergen
State
New Jersey
Latitude
40.8086
Longitude
-74.1191
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Valley Brook Ave Lyndhurst, NJ 07071
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Valley Brook Ave Lyndhurst, NJ 07071
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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