508 Hamburg TpkeWayne, NJ 07470

Property Details for 508 Hamburg Tpke

Year built

2003

Property size (Sq ft)

1,192 SF

Zone code

SB

Property type

Office properties

Property subtype

Other office properties

APN

14 03000-0000-00399-0000-C101D

APU

14030000000003990000C101D

Description

This exceptional office space, located at 508 Hamburg Turnpike in Wayne, New Jersey, presents a fantastic opportunity for businesses seeking a cost-effective and strategically positioned location. The property is offered at a monthly rental rate of $1950. While the exact square footage isn't specified, the listing highlights its ideal placement within Wayne, NJ, making it easily accessible for employees and clients alike. The property type is designated as office space, perfect for a variety of professional uses. The absence of acreage information suggests a building situated within a developed area, likely offering convenient amenities and infrastructure. This listing is an excellent choice for businesses seeking a functional and affordable office space in a prime Wayne location. Interested parties are encouraged to inquire for further details regarding square footage and specific property features. The address, 508 Hamburg Turnpike, ensures easy identification and accessibility. This represents a rare opportunity to secure a well-situated office space at a competitive price point in a desirable New Jersey market. Don't miss out on this chance to establish your business in a thriving commercial area. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $197,073

  6.5%

  $181,914

  7%

  $168,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $155,747

  Geo Method

  $155,747

• Alternative Use

  Use

  Valuation

  Residential

  $225,573

  Hospitality

  $206,624

  Educational

  $171,908

  Medical

  $177,821

  Retail

  $267,413

Location Insight

City

Wayne

County

Passaic

State

New Jersey

Latitude

40.9548

Longitude

-74.2114

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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