695 Rt-17 Paramus, NJ 07652
This exceptional 13,900 square foot multi-tenant shopping center is located at 695 Route 17 in Paramus, New Jersey, within Bergen County (zip code 07652). Built in 1960, the property boasts 100% occupancy with strong, long-term tenants, including a recently signed feminine urgent care facility. The center enjoys a prime retail location in the heart of the Paramus market, benefiting from excellent visibility and accessibility from both sides of Route 17. This high-traffic area sees over 160,000 vehicles daily. The property's strategic location offers convenient access to Route 4 and the Garden State Parkway, further enhancing its appeal and accessibility. Its proximity to the new Valley Hospital (within 2 miles) adds to its desirability. The property generates a strong net operating income (NOI) due to the stable tenancy and prime location. This presents a compelling investment opportunity for those seeking a fully leased, high-performing retail asset in a thriving market. The property is classified as Retail, Subtype Shopping Center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.