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Property profile & analytics

44 Allendale Ave Allendale, NJ 07401-1718

  • Commercial real estate
  • 9,704 SF
  • 0.41 lot acres
OFF-MARKET
Last Sale
Apr 24, 2023
$3,500,000
Value Estimations
$3,730,000
Show details
Cap Rate Potential
3.6%
Commercial real estate
Location Intelligence
Property ID
US59-1249101
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Coinhub Bitcoin ATM Teller / Atm
  • higi / Medical Clinic
  • Reena Thomas / Pharmacy
  • Jessy John / Pharmacy

Property Details for 44 Allendale Ave

Construction
FRAME
Lot size
0.41 lot acres
Property size
9,704 SF
Property type
Commercial real estate
APN
01 01808-0000-00015- 01
APU
10180800000001501

Description

This exceptional 9,704 square foot retail building presents a unique investment opportunity in the heart of Allendale, an affluent town in Northwest Bergen County. The single-tenant property boasts a highly visible location benefiting from substantial vehicular and pedestrian traffic. The building's ample on-site parking, with 45 spaces, ensures convenient access for customers and employees. The entire 9,704 square feet is currently vacant, offering a blank canvas for a discerning tenant to establish a thriving business. Its central location within Allendale provides excellent exposure to a strong local demographic. The property is ideally suited for a variety of retail uses, capitalizing on the area's high traffic volume and affluent population. A long-term lease is available, providing stability and potential for significant return on investment. This is a rare opportunity to acquire a substantial retail space in a highly desirable location within a thriving community. The property's size, parking availability, and prime location combine to create a compelling proposition for businesses seeking a strong foothold in Northwest Bergen County. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,755,000
    ML approach
    $3,790,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,173,000
    Market price range: $1.91M - $4.06M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Allendale
County
Bergen
State
New Jersey
Longitude
-74.1273
Latitude
41.0306
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$69,414
$621,800
$2,426,700
$3,048,500
-
$621,800
$2,426,700
$3,048,500
More about this property
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