Property profile

312 Frst Ave Paramus, NJ 07652

OFF-MARKET
Commercial real estate
Property ID
US59-1441789
5,966 SF Built 2000
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional office building, located at 312 Forest Avenue in Paramus, New Jersey, presents a compelling investment opportunity. Priced at $2,999,900, the property offers significant potential for a variety of commercial uses. While the exact square footage is not currently specified, the building sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. Its prime Paramus location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving commercial area. The building's condition and specific features require further investigation, but the asking price reflects a strong potential return on investment. Interested parties are encouraged to conduct due diligence to fully assess the property's suitability for their specific needs. This is a rare opportunity to acquire a well-situated office building in a highly desirable New Jersey market. The property's strategic location provides easy access to major transportation arteries, ensuring convenient commutes for employees and clients alike. Further details regarding the building's internal layout, amenities, and potential for renovation or expansion are available upon request. Serious inquiries only. This is a unique chance to secure a valuable asset in a competitive market. Don't miss this chance to own a piece of Paramus's thriving commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Construction BRICK
Total area 5,966 SF
APN 46 03901-0000-00004
UPID US59-1441789

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Bank Loan Service

Location

312 Frst Ave Paramus, NJ 07652-5422
Paramus metro Census 42102 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$2.5M
2 recorded transactions
2025
$2.5M
2013
$550,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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