Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

1182 Teaneck Road 1178-1182 Teaneck Rd 8,348 sq ft 80% Let Office Property Teaneck, NJ 07666 £1,122,045 (£134.41/sq ft)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office / Residential
Property Size
8,348 sq ft
Costar Property Class
C
Year Built/Renovated
1950/1987
Price
£1,122,045
Price per sq ft
£134.41
Occupancy Rate
80%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,584 sq ft
Plot ratio
0.60
Total Plot Size
0.32 ac
Use Class
BR - Special Business - Residential
Parking
13 Spaces (1.56 Spaces per 1,000 sq ft Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 207
  • 2,014 sq ft
  • Office
  • Full Fit-Out
  • Now

You will not be disappointed when you view this wonderful office space. Located in a well maintained building this professional suite is on the second floor and is light & bright. Within this large office you will find three private offices and an additional area that can be closed off to be a fourth office if needed. Central a/c & heat have sep thermostats for the 3 areas. Plus an area that can be used for additional cooling if needed for a bank of computers. Two doors access both a front and rear door to the same space. The utilities are the responsibility of the tenant. The building has 24 hr access, an intercom/buzzer system to add to the secure feeling in this friendly environment. Popular location close to Route 4. Parking lot located at the rear of the building. Building also for sale.

Space Size Space Use Condition Available
2nd Fl-Ste 207 2,014 sq ft Office Full Fit-Out Now

2nd Fl-Ste 207

Size
2,014 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

2nd Fl-Ste 207

Size 2,014 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

You will not be disappointed when you view this wonderful office space. Located in a well maintained building this professional suite is on the second floor and is light & bright. Within this large office you will find three private offices and an additional area that can be closed off to be a fourth office if needed. Central a/c & heat have sep thermostats for the 3 areas. Plus an area that can be used for additional cooling if needed for a bank of computers. Two doors access both a front and rear door to the same space. The utilities are the responsibility of the tenant. The building has 24 hr access, an intercom/buzzer system to add to the secure feeling in this friendly environment. Popular location close to Route 4. Parking lot located at the rear of the building. Building also for sale.

Walk Score®
Easily Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
60-04807-0000-00005
Land Assessment
£400,196
Improvements Assessment
£705,766
Total Assessment
£1,105,962
  • Listing ID: 30922020

  • Date on Market: 09/02/2024

  • Last Updated:

  • Address: 1178-1182 Teaneck Rd, Teaneck, NJ 07666

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}