55 Rte, Paramus, NJ 07652
This exceptional Class A retail property, located at 55 E. Route 4 in Paramus, NJ, offers 22,364 square feet of space in a single-tenant building constructed in 2000. The property sits on a combined 1.72 acres, encompassing two parcels (Block 604, Lot 10 and Block 604, Lot 8), and includes 839 square feet of warehouse space, perfect for storage or back-of-house operations. Ample parking is provided with 63 surface spaces. The building boasts a 450 amp, 3-phase power supply, ensuring sufficient power for a variety of retail businesses. Its strategic location offers easy access to major transportation arteries, including I-17 and Route 4, as well as convenient proximity to the Anderson Street and New Bridge Landing commuter rail stations (Pascack Valley Line). Furthermore, the property benefits from its close proximity to three major airports: LaGuardia (30-minute drive), Newark Liberty International (37-minute drive), and Westchester County Airport (50-minute drive). This property presents a unique opportunity for businesses seeking a high-visibility location in a thriving retail market. The property's APN is (#1) Block 604, Lot 10, (#2) Block 604, Lot 8, and the zip code is 07652. The entire building is currently vacant.
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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Risks
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