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1182 Teaneck Road 1182 Teaneck Rd 8,348 SF 100% Leased Office Building Teaneck, NJ 07666 $1,500,000 ($179.68/SF)
INVESTMENT HIGHLIGHTS
- Located in Teaneck’s B-R Special Business–Residential District
- Medical use permitted; residential conversion possible
- Potential Upside - Current tenants month to month leases are based on usable SF and not Rentable SF
- Eight tenants with short-term leases allow for owner occupancy
- Recently paved parking lot with 13 spaces plus garage
EXECUTIVE SUMMARY
Located in the heart of Teaneck’s B-R Special Business–Residential District, 1178–1182 Teaneck Road presents a compelling opportunity for investors, owner-users, or developers seeking a versatile income-producing asset with conversion potential. This 8,348 -square-foot building has seven tenants with a vacant 2,014 usable SF corner unit available. Additionally there are 5 storage /garages (765 SF) that are fully leased.
This a great user / investor opportunity.
The B-R zoning allows for a wide range of permitted uses including medical offices, retail, restaurants (excluding drive-thru), and residential dwellings—both single-family and two-family. The site’s dimensional allowances and minimal setback requirements further enhance its redevelopment potential, particularly for residential conversion or mixed-use adaptation. Located along a prominent stretch of Teaneck Road, the property benefits from strong visibility, proximity to major highways, and access to a vibrant local community with high demand for both commercial and residential space.
Whether retained as a multi-tenant investment or repositioned for owner use or redevelopment, this asset offers a rare blend of income, flexibility, and location in one of Bergen County’s most desirable municipalities.
Current NOI does not reflect the additional income by converting leases to rentable SF vs. Usable SF
This a great user / investor opportunity.
The B-R zoning allows for a wide range of permitted uses including medical offices, retail, restaurants (excluding drive-thru), and residential dwellings—both single-family and two-family. The site’s dimensional allowances and minimal setback requirements further enhance its redevelopment potential, particularly for residential conversion or mixed-use adaptation. Located along a prominent stretch of Teaneck Road, the property benefits from strong visibility, proximity to major highways, and access to a vibrant local community with high demand for both commercial and residential space.
Whether retained as a multi-tenant investment or repositioned for owner use or redevelopment, this asset offers a rare blend of income, flexibility, and location in one of Bergen County’s most desirable municipalities.
Current NOI does not reflect the additional income by converting leases to rentable SF vs. Usable SF
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,348 SF
Building Class
C
Year Built/Renovated
1950/1987
Price
$1,500,000
Price Per SF
$179.68
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,584 SF
Building FAR
0.60
Lot Size
0.32 AC
Zoning
BR - Special Business - Residential
Parking
13 Spaces (1.56 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 60-04807-0000-00005 | Improvements Assessment | $943,500 |
| Land Assessment | $535,000 | Total Assessment | $1,478,500 |
PROPERTY TAXES
Parcel Number
60-04807-0000-00005
Land Assessment
$535,000
Improvements Assessment
$943,500
Total Assessment
$1,478,500
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1182 Teaneck Road | 1182 Teaneck Rd
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