Cedar Knolls, NJ — Newmark Associates CRE is pleased to announce the successful sale of 85 Hopper Avenue, a freestanding professional/medical building located in Waldwick, New Jersey. Mary Swatek, Vice President at Newmark Associates CRE, served as the Listing Broker for the transaction. Patrick Varelas, Broker/Manager with The Chopper Russo Team at RE/MAX SELECT, represented the Buyer.

Swatek noted that the property’s strong fundamentals contributed to exceptional market performance.

“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,” said Swatek.

85 Hopper Avenue is known for its tenant history, abundant parking, full-ADA accessibility, and move-in condition, making it a sought-after asset for owner-users within the Bergen County market.

Swatek also highlighted the strong collaboration between the brokerage teams:

“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.”

The successful sale further underscores Newmark Associates CRE’s continued leadership in Northern New Jersey’s commercial real estate marketplace and Swatek’s expertise in Bergen County.

Newmark Associates, CRE, based in Cedar Knolls, New Jersey, is celebrating 40 years as one of the state’s leading commercial real estate brokerage firms. Recognized by NJBIZ and the CoStar Group for excellence in the industry, Newmark specializes in leasing and sales of office, industrial, retail, land, healthcare, and mixed-use properties. The firm is certified as a woman-owned business by the Women’s Business Enterprise National Council (WBENC) and is a founding member of CRESDA (Corporate Real Estate Services, Diversity Associates), serving the needs of major corporations nationwide.