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Valley Regional Medical Center

Off-Market

400 Franklin Turnpike, Mahwah, NJ 07430

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 31,568 Sqft
  • Lot Size 2.73 Acre
  • Parking Spaces Avail. 126
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1993

Location

  • City Mahwah, NJ
  • Neighborhood Mahwah
  • Zip Code 07430
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Mahwah

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Mahwah Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $29.24
  • 2020 Office Vacancy Rate 12.96 %
  • 2020 Office Completions (Sqft)
View more Mahwah market trends

Tax

  • Property Tax in 2021 $108,745
  • Market Value $5,711,400
  • Assessed Value $5,711,400

Find more tax info, including assessment history and abatements, on CommercialEdge

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