55 Rte Paramus, NJ 07652
This exceptional 22,364-square-foot retail property, situated on a 1.12-acre lot in the thriving Paramus, New Jersey market, presents a compelling investment opportunity. The property, built in 2000, comprises a single building and features a convenient 63-space surface parking lot. Currently operating as a showroom, this versatile space offers significant potential for a variety of retail uses. The location is highly desirable, boasting easy access to major transportation arteries including I-17 and Route 4, as well as proximity to several commuter rail lines (Anderson Street and New Bridge Landing stations on the Pascack Valley Line). Furthermore, its strategic location offers convenient access to three major airports: LaGuardia (30-minute drive), Newark Liberty International (37-minute drive), and Westchester County Airport (50-minute drive). The property includes 839 square feet of warehouse space, adding to its functional appeal. The asking price is $7,970,000, translating to $356.38 per square foot. This is a Net Net Net (NNN) lease property. The property consists of one unit. Located at 55 Route 4, Paramus, NJ 07652, this retail center offers unparalleled convenience and accessibility.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.