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Mixed-Use Building with Medical Space
For Sale
Contact for pricing
Pending

70-72 Park Ave, Park Ridge, NJ 07656

Two-level property pairs leased apartments with flexible professional space and an established medical configuration.

Property SizeContact for details
Days on Market143

Property Features for 70-72 Park Ave

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Office

Units

Multifamily Units 7
Office Units 1

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Cushman & Wakefield - East Rutherford, New Jersey
Listed By: TJ Calderone · License #NJ 2077959
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - East Rutherford, New Jersey

Investment Insights

Based on property information with market context.

The Effron Town Center is a two-level mixed-use property with 7 fully leased apartments on the upper floor and 10,000 SF of medical, office, and retail area below. The commercial level is configured for active medical operations, including 19 examination rooms with sinks and cabinetry, two waiting areas, reception areas, four lavatories, a laboratory, eight offices, a nurses station, a utility data room, and a maintenance room. The first-floor area can also be separated into two smaller spaces.

The property is located at 70-72 Park Ave in Park Ridge, New Jersey. Food establishments, banks, and shopping centers are within minutes of the building, adding nearby commercial services for occupants and visitors.

Key Highlights

  • 7 fully leased apartments occupy the second floor
  • 10,000 SF of first‑floor medical, office, and retail space
  • Medical layout includes 19 examination rooms with sinks and cabinetry

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Spa & Massage Center Hair Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby

Demographics for 07656, NJ

8,883
Population
3,410
Households
2.6
Avg Household Size
47
Median Age
57%
College-Educated
96%
High-School Grad
2.6 sq mi
ZIP Area
3,417
Density / Sq Mi
$165,391
Median Household Income
$67,935
Median Earnings
$1,995
Median Rent
$666,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property pairs leased apartments with flexible professional space and an established medical configuration.
Where is this mixed-use property located?
The property is located at 70-72 Park Ave Park Ridge, NJ.
What are key features of this property?
This property features: 7 fully leased apartments occupy the second floor; 10,000 SF of first‑floor medical, office, and retail space; Medical layout includes 19 examination rooms with sinks and cabinetry
More about this property
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