Property profile

50 Tice Blvd Woodcliff Lake, NJ 07677

FOR LEASE
Other commercial real estate
Property ID
US59-1848001
20 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an office building featuring a renovated atrium with a casual seating area and a coffee bar, along with an executive multi-media conference center. It includes a fitness center equipped with showers and locker rooms for tenant use, as well as building conference facilities and a gourmet full-service café with private dining rooms. Renovation improvements referenced for the building include an atrium lounge and coffee bar, lobby upgrades with tenant notifier screens and multi-media directories, and new HVAC equipment with environmental control systems. Covered parking is provided. The building is adjacent to the Hilton Woodcliff Lake and within walking distance of Tice’s Corner Marketplace shopping center, and it is positioned for access to major roadways including direct access to the Garden State Parkway at Exit 171 with quick connections to I-80, I-287, Routes 4 and 17, the New York State Thruway, and the Palisades Interstate Parkway. It is approximately 30 minutes from Newark Liberty International Airport and about 20 minutes from Manhattan, and it is located directly across the street from 50 Tice Boulevard.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 20 ac (871,200 SF)
APN 68 00301-0000-00003- 01
UPID US59-1848001

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Tice Blvd Woodcliff Lake, NJ 07677
Woodcliff Lake metro Census 35200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2017
4 recorded transactions
2022
Price N/A
2018
Price N/A
2017
$27.9M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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