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$2,750,000

For Sale

3 months ago

350 Madison Ave, Cresskill, NJ

House

MLS® 25043498

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $46,323
Days Active 105
Lot Size 
Approx. Age 
MLS® Number 25043498

Property Address: 350 Madison Ave, Cresskill, NJ, 07626-1342

Average square foot calculated using Size range provided by listing agent.

Description

Fully renovated multi-tenant office building located at the roundabout of Cresskill, offering excellent exposure, visibility, and signage. This attractive property features five office suites with abundant natural light from large windows throughout and a strong, well-maintained structure. The building was previously used as a bank and has since been converted to high-quality office space. It generates an annual gross income of $225, 000 with operating expenses of $65, 000, resulting in a strong net operating income of $160, 000. All tenants are secured with long-term leases ranging from five to ten years, each with options to extend, providing stable and predictable income. The owner will remain as a tenant on the first floor. The property offers 35 on-site parking spaces, six bathrooms with two located on each floor, and a finished basement currently used by the first-floor tenant. A new fire alarm system has been installed and connected directly to the fire department, and new exterior signage has been approved and installed. Additionally, board approval has been granted to extend the drive-through portion of the building, which will increase rental income on the first floor. This is an exceptional investment opportunity in a prime location with strong cash flow, long-term tenants, and future income upside.
MLS® Number25043498
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 26, 2025List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
350 Madison Ave, Cresskill, NJ

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