Commercial Real Estate · Income-Producing
Income-Producing & Investment Real Estate in Northern New Jersey
Multifamily, mixed-use, and net-leased income property — bought on the numbers, not the asking price. Work with Patrick Varelas, a commercial broker who underwrites northern NJ investment deals on cash flow and upside.
Why northern NJ investment
Investments are bought on the numbers
Income property spans Bergen, Passaic, Morris, Hudson, Essex and the surrounding counties. Availability and pricing move quickly — reach out for current, address-specific guidance.
Patrick Varelas is a full-time broker who works both the commercial and residential markets across northern New Jersey, and one of NJ's youngest Master Certified Negotiation Experts. A member of NAR and NJ RealSource and a lower Bergen County resident for more than 20 years, he brings a pragmatic, financially-grounded approach to commercial deals — structuring transactions that work for buyers, sellers, tenants, and landlords alike.
What we handle
Income property, every type
Multifamily (5+ units)
Apartment buildings and portfolios underwritten on rent roll, expenses, and upside — not just price.
Mixed-use income
Buildings that stack retail or office with residential for diversified cash flow.
Net-lease (NNN)
Single-tenant investments with long leases and predictable, largely hands-off income.
Office & retail investment
Leased commercial assets held for yield, evaluated on tenancy and cap rate.
How Patrick helps
Representation on both sides
- Buyers & owner-users — sourcing the right property, running the numbers, and negotiating terms that hold up
- Investors — evaluating income properties on cap rate, tenancy, and upside, not just asking price
- Sellers — pricing, marketing, and positioning assets to the right buyer pool
- Tenants — finding and negotiating space that fits the operation
- Landlords — leasing space to qualified tenants on terms that protect the asset
- Off-market — surfacing opportunities that never hit the portals, through local relationships
Financing
Commercial financing, handled with Bond Street Capital
Through our lending partner, Bond Street Capital, buyers can access the full range of commercial programs — matched to whether you're an owner-user or an investor.
SBA 504 & 7(a)
Low-down-payment, long-term financing for a business buying the building it will occupy — often the cheapest way into ownership.
InvestorNo-Doc / DSCR
Investor financing qualified on the property's income rather than personal income documentation.
StabilizedFixed-rate permanent
Long-term fixed-rate financing for income-producing assets with established cash flow.
TransitionalBridge loans
Short-term capital for acquisition, repositioning, or lease-up before permanent financing.
Value-addFix & flip
Short-term financing to acquire and reposition an underused or distressed property.
Start a commercial financing conversation — tell us about the property and your goals, and we'll route it to the right program.
Common questions
Income-Producing FAQs
How do you evaluate an income property?
On the numbers — cap rate, rent roll, expenses, tenancy, and upside — not just the asking price. Patrick underwrites the deal the way a lender and a seasoned investor would.
What financing works for investment property?
Investor programs such as No-Doc / DSCR qualify on the property's income rather than personal income documentation. Through Bond Street Capital we can match you to the right structure.
Can you help with a 1031 exchange?
Yes. Patrick can coordinate acquisitions that fit your 1031 timeline, working alongside your qualified intermediary and tax advisor to keep the exchange on track.
What areas do you cover for investment real estate?
Northern New Jersey — Bergen, Passaic, Morris, Hudson, Essex and the surrounding counties. Reach out with a specific market and we'll tell you what's moving.
Explore more commercial
Other property types & markets
Browse the rest of the commercial practice, or jump to a county.
Talk to the team
Let's talk investment
Buying or selling income-producing property in northern NJ? Reach Patrick directly — including any specific deal you want underwritten.
Patrick Varelas, Broker/Manager — RE/MAX Select, Chopper Russo Team, 392 Ramapo Valley Rd, Oakland, NJ 07436. Commercial financing is provided by Bond Street Capital subject to program guidelines and underwriting; not a commitment to lend. Property availability and terms are subject to change.