44 Allendale AveAllendale, NJ 07401

  • Commercial real estate
  • 9,704 SF

Property Details for 44 Allendale Ave

Construction
FRAME
Lot size
0.41 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,836,376
    Hospitality
    $1,682,111
    Educational
    $1,399,496
    Medical
    $1,447,627
    Retail
    $2,176,994

Location Insight

City
Allendale
County
Bergen
State
New Jersey
Latitude
41.0306
Longitude
-74.1273
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

FAQs

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