Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    44 Allendale Ave Allendale, NJ 07401-1718
    Back to Search
    Property profile & analytics

    44 Allendale Ave Allendale, NJ 07401-1718


    • Commercial real estate
    • 9,704 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Apr 24, 2023
    $3,500,000
    Property ID
    US59-1249101
    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
    $3,545,000
    Show details
    Cap Rate Potential
    3.6%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Coinhub Bitcoin ATM Teller / Atm
    • higi / Medical Clinic
    • Reena Thomas / Pharmacy
    • Jessy John / Pharmacy

    Property Details for 44 Allendale Ave

    Construction
    FRAME
    Lot size
    0.41 lot acres
    Property size
    9,704 SF
    Property type
    Commercial real estate
    APN
    01 01808-0000-00015- 01
    APU
    10180800000001501

    Description

    This exceptional 9,704 square foot retail building presents a unique investment opportunity in the heart of Allendale, an affluent town in Northwest Bergen County. The single-tenant property boasts a highly visible location benefiting from substantial vehicular and pedestrian traffic. The building's ample on-site parking, with 45 spaces, ensures convenient access for customers and employees. The entire 9,704 square feet is currently vacant, offering a blank canvas for a discerning tenant to establish a thriving business. Its central location within Allendale provides excellent exposure to a strong local demographic. The property is ideally suited for a variety of retail uses, capitalizing on the area's high traffic volume and affluent population. A long-term lease is available, providing stability and potential for significant return on investment. This is a rare opportunity to acquire a substantial retail space in a highly desirable location within a thriving community. The property's size, parking availability, and prime location combine to create a compelling proposition for businesses seeking a strong foothold in Northwest Bergen County. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,755,000
      ML approach
      $3,790,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,173,000
      Market price range: $1.91M - $4.06M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,840,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,190,000
      Change: +12% Conversion: Moderate
      OFFICE BUILDING
      $2,345,000
      Change: -17% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Allendale
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1273
    Latitude
    41.0306
    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
    $69,414
    $621,800
    $2,426,700
    $3,048,500
    -
    $621,800
    $2,426,700
    $3,048,500
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message