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    1000 Sylvan Ave Englewood Cliffs, NJ 07632-3302
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    Property profile & analytics

    1000 Sylvan Ave, Englewood Cliffs, NJ 07632-3302

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    • Commercial real estate
    • 5.46 lot acres
    Off-Market
    Last Sale Jan 14, 2021
    $13,000,000
    Property ID
    US59-3032679
    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
    $13,215,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1000 Sylvan Ave

    Lot size
    5.46 lot acres
    Property type
    Commercial real estate
    APN
    16 01202-0000-00002- 01
    APU
    160120200000000201

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 14, 2021 $13,000,000 Fa Park Family Foundation INC Lg Electronics USA INC Grant Deed —

    Description

    This exceptional 66,068-square-foot office building, constructed in 1981, is situated on a generous 5.391-acre lot in the prestigious Englewood Cliffs, NJ, 07632. Its prime location on Sylvan Avenue (also known as 9W) offers unparalleled convenience, just minutes from the George Washington Bridge and a wealth of amenities. This section of 9W is renowned as the "Billion Dollar Mile," home to numerous corporate headquarters, ensuring high visibility and accessibility. The building boasts a striking atrium design, incorporating skylights to provide abundant natural light throughout. While most interior walls have been removed to allow for flexible space planning, a dedicated executive office area remains intact. The property also includes fully plumbed cafeteria and coffee room facilities, ready for immediate use. This presents a unique opportunity to acquire a substantial, well-located office building with significant potential for redevelopment or continued use as a single-tenant space. The property's size and location make it an ideal investment for businesses seeking a prominent presence in a thriving corporate environment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $15,655,000
      ML approach
      $11,195,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Englewood Cliffs
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9388
    Latitude
    40.9006
    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
    $192,033
    $5,700,000
    $11,400,000
    $17,100,000
    -
    $5,700,000
    $11,400,000
    $17,100,000
    More about this property
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