Log In/Sign Up
Your email has been sent.
383 Northfield Rd 5,928 SF 100% Leased Office Building West Orange, NJ 07052 $865,000 ($145.92/SF)
Investment Highlights
- Fully leased investment asset generating stable income from reputable medical and office tenants
- Strong accessibility supported by ample onsite parking for patients, staff, and visitors
- Prominent freestanding medical and office building positioned along a busy, high-visibility corridor in West Orange
- Functional interior layout offering private offices, treatment rooms, and flexible open areas suited for medical or professional uses
Executive Summary
Rare opportunity to acquire a stabilized, 100% leased office investment on one of the most visible and well-traveled corridors. This 5,500 SF building offers immediate in-place income with quality tenancy. Positioned directly on Northfield Ave, the property benefits from strong daily traffic counts, signage visibility, and easy access to multiple highways. The exclusive parking lot is a standout feature with 20 parking spaces plus room to expand, which is well above what comparable office buildings in this market can offer. Building highlights include two-story construction, private offices, conference rooms, kitchenettes, and multiple restrooms throughout the building. Each unit is separately metered. Ideal for a 1031 exchange buyer, private investor, or owner-user seeking future occupancy. Current rent roll and expense history available upon request.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,928 SF
Building Class
B
Year Built
1980
Price
$865,000
Price Per SF
$145.92
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,964 SF
Slab To Slab
12’
Building FAR
0.39
Lot Size
0.35 AC
Zoning
R-5 - Commercial R-5
Parking
20 Spaces (3.37 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 22-00158-02-00097 | Improvements Assessment | $729,000 |
| Land Assessment | $450,000 | Total Assessment | $1,179,000 |
Property Taxes
Parcel Number
22-00158-02-00097
Land Assessment
$450,000
Improvements Assessment
$729,000
Total Assessment
$1,179,000
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
383 Northfield Rd