This exceptional retail space, located at 4700 Park Avenue, Unit 1, in Weehawken, New Jersey, presents a fantastic opportunity for a discerning business. The property is a retail unit ideally situated for attracting high foot traffic and maximizing visibility. While the exact square footage is not currently specified, the asking price for this lease is $2,500. The property is situated on a lot with zero acres, indicating a potentially compact but highly efficient space. The address, 4700 Park Avenue, Unit 1, Weehawken, NJ, places the property in a vibrant and accessible location within the town. This makes it an attractive option for businesses seeking a strong presence in a bustling area. Further details regarding the interior layout, amenities, and lease terms are available upon request. Interested parties are encouraged to inquire promptly to secure this promising retail opportunity in the desirable Weehawken market. The property's location offers excellent access to transportation links and local amenities, making it a convenient and attractive location for both employees and customers. This presents a unique chance to establish or expand a business in a thriving community. Contact us today to schedule a viewing and explore the possibilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$530,643
6.5%
$489,824
7%
$454,837
Comparable approach
Method
Valuation
Relative Method
$370,029
Geo Method
$370,029
Alternative Use
Use
Valuation
Industrial / Distribution
$964,351
Retail / Commercial
$494,514
Mixed-Use / Specialty
$492,751
Hospitality / Lodging
$361,516
Office
$489,824
Institutional / Educational
$512,263
Residential Income
$599,348
Multifamily
$718,825
Automotive / Energy
$439,082
Parking / Income-Based Land
$151,522
Restaurant / Food Service
$256,284
Healthcare / Senior Housing
$505,307
Location Insight
City
Weehawken
County
Hudson
State
New Jersey
Latitude
40.7784
Longitude
-74.0162
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Park Ave Weehawken, NJ 07086
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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