44 Allendale Ave, Allendale, NJ 07401-1718
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.