commercial medical/office space brokerage inc …...commercial brokerage, inc.. medical/office space...

19,531 +/- Sq. Ft.6,601 Rentable Sq. Ft.

• Second Floor Medical Office 1,236 Rentable Sq. Ft.1,789 Rentable Sq. Ft. 2,140 Rentable Sq. Ft.

• Asking Rental: $27.50 Full Gross

• Elevator Building totaling• Ground Floor

• Second Floor Suite 202• Third Floor• Possession Immediate

• Parking 61• Zoning Office & Medical• Convenient to GSP, NJ Turnpike, Route 10, 24, 280 and78. Public Transportation both rail and bus close by Close Proximity to RWJ Barnabas Hospital, Overlook Hospital , Kessler Institute & Summit Medical Group

443 Northfield AvenueWest Orange, NJ 07052

Stanley “Stan” KurzweilSenior Vice PresidentOffice: (973) 267-7778Cell: (201) 913-6789 [email protected]

CommercialBrokerage, Inc..

Medical/Office Space For Lease

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Entrance Way

Lobby

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Map Location





Close Proximity to RWJ Barnabas Hospital – Livingston Close Proximity to Overlook Hospital – Summit

Close Proximity to Kessler Institute – West OrangeClose Proximity to Summit Medical Group - Berkley Heights

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Location map





Public TransportationCommuter Rail

Mountain Station Commuter Rail (Morris & Essex) – drive 9 min - distance 2.3Highland Avenue Commuter Rail - drive - 8 min - distance 2.5

AirportsNewark Liberty International – drive 19 min – distance 14.6

LaGuardia Airport – drive 44 min – distance 27.7John F. Kennedy International Airport – drive 54 min - distance 35

RWJ BARNABUS HOSPITAL

OVERLOOK HOSPITAL

SUMIMIT MEDICAL GROUP

443 NORTHFIELD AVE.WEST ORANGE - BLDG. SITE

KESSLER INSTITUTE

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Space DivisibleGlass Entrance Door Abundant Windows & Glass 17 officesTwo BathroomsKitchen

SPACE FEATURES

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ground Floor

6,601 RENTABLE SQ. fT.

Second Floor move-in Medical space 1,236 rentable Sq. Ft.





Small office by reception area

Waiting room

Handicap excess unisex bathroom in unit

Four (4) medical rooms (exam) with sink

Alcove

One (1) corner office with four windows

Large closet

SPACE FEATURES

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Second floor Suite 202

1,789 Rentable Sq. Ft.





Space faces Northfield Avenue

Five (5) offices with open area of which one could be used as a conference room.

Offices have numerious windows

Coat closet

SPACE FEATURES

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third Floor2,140 Rentable sq. ft.





Suite faces Northfield Avenue

Large office by entrance with coat closet and large closet with shelves

Large open area Total of five (5) offices with numerous windows

SPACE FEATURES

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Survey





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DemographicsExecutive Summary443 Northfield Ave, West Orange, New Jersey, 07052 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.77150

Longitude: -74.27038

1 mile 3 miles 5 milesPopulation

2000 Population 9,308 168,397 544,8352010 Population 9,218 163,796 533,0842017 Population 9,303 168,443 549,5672022 Population 9,437 172,427 563,1612000-2010 Annual Rate -0.10% -0.28% -0.22%2010-2017 Annual Rate 0.13% 0.39% 0.42%2017-2022 Annual Rate 0.29% 0.47% 0.49%2017 Male Population 48.7% 47.1% 46.9%2017 Female Population 51.3% 52.9% 53.1%2017 Median Age 43.8 38.9 37.6

In the identified area, the current year population is 549,567. In 2010, the Census count in the area was 533,084. The rate of change since2010 was 0.42% annually. The five-year projection for the population in the area is 563,161 representing a change of 0.49% annually from 2017 to 2022. Currently, the population is 46.9% male and 53.1% female.

Median Age

The median age in this area is 43.8, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 59.6% 35.8% 34.6%2017 Black Alone 25.7% 47.6% 48.5%2017 American Indian/Alaska Native Alone 0.2% 0.4% 0.4%2017 Asian Alone 9.3% 7.1% 5.9%2017 Pacific Islander Alone 0.0% 0.0% 0.0%2017 Other Race 1.5% 5.6% 7.3%2017 Two or More Races 3.6% 3.4% 3.3%2017 Hispanic Origin (Any Race) 9.3% 14.4% 17.6%

Persons of Hispanic origin represent 17.6% of the population in the identified area compared to 18.1% of the U.S. population. Persons ofHispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 74.6 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 3,180 60,189 195,3972010 Households 3,178 59,646 193,6072017 Total Households 3,183 60,942 198,3382022 Total Households 3,217 62,214 202,7312000-2010 Annual Rate -0.01% -0.09% -0.09%2010-2017 Annual Rate 0.02% 0.30% 0.33%2017-2022 Annual Rate 0.21% 0.41% 0.44%2017 Average Household Size 2.87 2.72 2.72

The household count in this area has changed from 193,607 in 2010 to 198,338 in the current year, a change of 0.33% annually. The five-year projection of households is 202,731, a change of 0.44% annually from the current year total. Average household size is currently 2.72, compared to 2.71 in the year 2010. The number of families in the current year is 133,248 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

July 18, 2017

©2017 Esri Page 1 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

Business Locator443 Northfield Ave, West Orange, New Jersey, 07052

Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.77150


2010 Residential Population: 533,084 2017 Total Sales ($000) $33,643,6102017 Residential Population: 549,567 2017 Total Employees 197,9962022 Residential Population: 563,161 Employee/Residential Population Ratio: 0.36:1Annual Population Growth 2017 - 2022 0.49% Total Number of Businesses: 18,687

SICCode Business Name Franchise

Distance FromSite in Miles Employees Sales ($000)

653118 CARANO REALTORS 0.01 SW 10 $1,324NORTHFIELD AVEWEST ORANGE, NJ 07052

078204 INTERSTATE LANDSCAPING 0.01 SW 1 $130NORTHFIELD AVEWEST ORANGE, NJ 07052

734915 DIAMANTE SERVICES INC 0.01 SW 4 $441NORTHFIELD AVEWEST ORANGE, NJ 07052

801101 CARDIOLOGY GROUP C 0.02 NW 10 $1,980NORTHFIELD AVEWEST ORANGE, NJ 07052

801101 ABBAS SHEHADEH CARDIOLOGY C 0.02 NW 4 $792NORTHFIELD AVEWEST ORANGE, NJ 07052

801101 ADVANCED UROLOGIC CARE ASSOC 5 0.02 NW 3 $594NORTHFIELD AVEWEST ORANGE, NJ 07052

811103 BURKOWITZ & LICTSTEIN 0.02 NW 4 $843NORTHFIELD AVEWEST ORANGE, NJ 07052

616201 BRENTWOOD MORTGAGE CO 0.04 SW 7 $3,629NORTHFIELD AVEWEST ORANGE, NJ 07052

653118 HUB REALTY MANAGEMENT LLC 0.04 SW 5 $662NORTHFIELD AVEWEST ORANGE, NJ 07052

721501 LAUNDRY WAREHOUSE LLC 0.04 SW 4 $399NORTHFIELD AVEWEST ORANGE, NJ 07052

616201 VERITAS HOME MORTGAGE 0.04 SW 7 $3,629NORTHFIELD AVEWEST ORANGE, NJ 07052

651303 ROCKSPRING APARTMENTS 0.06 NE 4 $733NORTHFIELD AVEWEST ORANGE, NJ 07052

999977 SERIPCO INC 0.11 SW 0 $0WALKER RDWEST ORANGE, NJ 07052

411902 FIRST CLASS MOBILITY LLC 0.14 NE 12 $888NORTHFIELD AVEWEST ORANGE, NJ 07052

Data Note: Businesses are listed based on their proximity to the study area location. A maximum of 250 records can be displayed on one report. Data on the Business Locations report is based on the businesses whose location falls within the area of study. Total Sales, Total Daytime Business Population, Total Number of Businesses, and the Daytime Business (pop)/Residential Ratio are calculated using the collection of business points that fall within the area of study.Source: Copyright 2017 Infogroup and Esri. Esri Total Residential Population forecasts for 2017.

July 18, 2017


Household Income Profile443 Northfield Ave, West Orange, New Jersey, 07052 Prepared by EsriRing: 1 mile radius Latitude: 40.77150


2017-2022 2017-2022Summary 2017 2022 Change Annual Rate

Population 9,303 9,437 134 0.29%Households 3,183 3,217 34 0.21%Median Age 43.8 44.5 0.7 0.32%Average Household Size 2.87 2.88 0.01 0.07%

2017 2022Households by Income Number Percent Number Percent

Household Income Base

3,183 100% 3,217 100%<$15,000 81 2.5% 74 2.3%$15,000-$24,999 114 3.6% 103 3.2%$25,000-$34,999 95 3.0% 84 2.6%$35,000-$49,999 117 3.7% 104 3.2%$50,000-$74,999 303 9.5% 247 7.7%$75,000-$99,999 290 9.1% 264 8.2%$100,000-$149,999 679 21.3% 701 21.8%$150,000-$199,999 504 15.8% 553 17.2%$200,000+ 1,000 31.4% 1,087 33.8%

Median Household Income $141,047 $152,049Average Household Income $191,480 $210,568Per Capita Income $65,947 $72,181

Data Note: Income reported for July 1, 2022 represents annual income for the preceding year, expressed in current (2020) dollars, including an adjustment for inflation.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri Forecasts for 2017 and 2022.

July 18, 2017






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