Property profile

545 State Rt 17 Paramus, NJ 07652

OFF-MARKET
Commercial real estate
Property ID
US59-3094310
157,100 SF 11.84 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Construction CONCRETE BLOCKS
Total area 157,100 SF
Lot 11.84 ac (515,750 SF)
APN 46 05103-0000-00001- 01
UPID US59-3094310

Cap rate & NOI

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

Location

545 State Rt 17 Paramus, NJ 07652-3009
Paramus metro Census 42301 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$33.72M
Comparable Approach Comparable
$35.58M
Blend (final) Blend
$35.73M

Owner & transaction history

since 2024
Last sale
$36.8M
4 recorded transactions
2024
$36.8M
2022
Price N/A
2013
Price N/A
2006
$9.1M

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $51.6M +3.7%

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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