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    10 Forest Ave Paramus, NJ 07652
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    Property profile & analytics

    10 Forest Ave Paramus, NJ 07652


    • Commercial real estate
    • 39,780 SF
    • 6.52 lot acres
    Paramus Office Space Sublease Opportunity For Lease
    $6,370,000
    40,850 SF

    Paramus Office Space Sublease Opportunity

    Ground floor 2,459 SF suite ideal for healthcare or office use.

    10 Forest Avenue, Paramus, NJ 7652
    View Listing
    Property ID
    US59-1079301
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Unlimited Reminders / (Bike/Boat/Book/etc) Store / Corporate Office
    • Hygge Healer / Psychotherapist / Health Counselor
    • Lauren M. Pondelick, DPT / Physician
    • J Millard Counseling, LLC / Psychotherapist
    • Caprius Inc / Medical Supply Store

    Property Details for 10 Forest Ave

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    6.52 lot acres
    Property size
    39,780 SF
    Property type
    Commercial real estate
    APN
    46 01411-0000-00007
    APU
    4601411000000007

    Description

    This exceptional sublease opportunity presents a 2,459 square foot ground floor office suite within a three-story, 40,850 square foot Class B office building. Previously used as a physical therapy space, this versatile suite offers immediate occupancy and is ideally suited for a variety of businesses. The building features a convenient elevator and boasts excellent visibility and accessibility, with easy access to Routes 4 and 17. The strategic location offers proximity to major healthcare institutions, including Hackensack University Medical Center (2 miles), The Valley Hospital (6 miles), Englewood Health (6.3 miles), and St. Mary's Hospital (10 miles), making it an attractive option for businesses serving the medical community or those seeking a location with a strong workforce pool. The sublease term concludes on May 31, 2028. This is a single-tenant occupancy space, providing privacy and control. The building's size and amenities make it a practical and well-situated option for a growing business seeking a prominent location with convenient access to major roadways and essential services. Inquire today to learn more about this outstanding sublease opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,250,000
      6.5%
      $8,535,000
      7%
      $7,930,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0521
    Latitude
    40.9179
    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
    $221,248
    $9,780,000
    $4,838,600
    $14,618,600
    -
    $9,780,000
    $4,838,600
    $14,618,600
    View Listing
    More about this property
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