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    723 Nj-17 Paramus, NJ

    For Sale
    Contact for pricing

    Retail property with high visibility and good on-site parking.

    Property size:
    11,783 SF
    Lot size:
    1.77 Acres

    Property Features for 723 Nj-17

    General Information

    Size
    11,783 SF
    Lot size
    1.77 Acres

    Source: Welco Realty, Inc. Agent Jerry Welkis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Route 17

    This retail property offers high visibility on Route 17 and features on-site parking. The property includes three new tenants with 10-year leases and options. The building has a total size of 11783 square feet and is located in Paramus, NJ. This property is suitable as an investment or a 1031 opportunity.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0754189
    Latitude
    40.9445428

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    FAQs

    What type of property is this?
    Strip mall - Retail property with high visibility and good on-site parking.
    Where is this strip mall located?
    The property is located at 723 Nj-17 Paramus, NJ.
    What are key features of this property?
    This property features: - Three new tenants with 10-year leases & options (Wild Fork, 5.11 Tactical & Burn Paramus); - Perfect investment & 1031 opportunity; - High visibility on Rt. 17
    (914) 576-7500
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    723 Nj-17 Paramus, NJ
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    723 Nj-17 Paramus, NJ
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