227 1St St Ho-Ho-Kus, NJ 07423
- Commercial real estate
- 0.14 lot acres
Current Use by Public Records
- Window Genie of Northeast NJ / Window Cleaning Service / Gutter Cleaning Service
- The Mold Guys NJ, LLC / Water Damage Restoration Service
Property Details for 227 1St St
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 28 01016-0000-00009
- APU
- 2801016000000009
Description
This exceptional 600-square-foot retail space is ideally situated at 227 1st Street in the charming borough of Ho-Ho-Kus, New Jersey, within Bergen County. The property offers a single-tenant occupancy, providing a unique opportunity for a business seeking a prominent location in a thriving community. The entire 600 square feet is currently vacant, presenting a blank canvas for a prospective tenant to customize and design their ideal retail environment. The address, 227 1st Street, ensures high visibility and accessibility for customers. Located in Bergen County, the property benefits from a strong local economy and a desirable demographic profile. The zip code is 07423. This property is perfect for a variety of retail uses, offering a chance to establish a successful business in a highly sought-after area. The single-tenant setup provides flexibility and control, allowing for a tailored space to meet specific business needs. The property's location in Ho-Ho-Kus offers a blend of convenience and community appeal, attracting both local residents and visitors. This presents a rare opportunity to secure a prime retail space in a highly desirable location. The property's size is ideal for a boutique store, a specialty shop, or a service-based business. The vacant status allows for immediate occupancy and customization to suit the tenant's specific requirements. This is a turnkey opportunity to establish a thriving business in a vibrant and affluent community. The property's location in Bergen County, New Jersey, offers excellent access to major transportation routes and a strong local market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $280,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $265,000
- Mixed-Use
- $260,000
- Hospitality
- $230,000
- Educational
- $225,000
- Residential Income
- $260,000
- Energy
- $265,000
- Income-Based Land
- $265,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Ho Ho Kus
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.109
- Latitude
- 40.996
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
