Newmark Associates CRE on Wednesday announced the successful sale of 85 Hopper Avenue, a freestanding professional/medical building located in Waldwick. The transaction underscores the high demand for high-quality, move-in ready assets in the Bergen County commercial real estate market.
Mary Swatek, vice president at Newmark Associates CRE, served as the Listing Broker for the seller. She noted that the property’s excellent condition and features generated significant buyer interest.
“Based on the financials, property features, and immaculate condition of this freestanding professional/medical building, we were able to generate significant interest and secure a maximized value for our client in the sale of this property,” Swatek said.
The property at 85 Hopper Avenue is known for its appeal to owner-users, featuring:
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Strong tenant history
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Abundant parking
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Full-ADA accessibility
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Move-in ready condition
The buyer was represented by Patrick Varelas, Broker/Manager with The Chopper Russo Team at RE/MAX SELECT. Swatek highlighted the effective working relationship between the two brokerage teams, which ensured a smooth and complex-free closing.
“This is not the first transaction that Patrick and I have completed together. Our professional history and close communication throughout the process allowed us to navigate the complexities of this transaction and deliver a win-win deal for both the buyer and the seller,” Swatek added.
The successful sale further solidifies Newmark Associates CRE’s position as a leader in Northern New Jersey’s commercial real estate marketplace and demonstrates Swatek’s expertise in the Bergen County area.
