48 Franklin TpkeRamsey, NJ 07446

  • Other commercial real estate
  • 27,684 SF
For Sale

Property Details for 48 Franklin Tpke

Year built
1981
Construction
CONCRETE BLOCKS
Lot size
1.87 AC
Property size (Sq ft)
27,684 SF
Property type
Other commercial real estate
APN
48 05001-0000-00070
APU
4805001000000070

Description

This exceptional commercial property, located at 48 S Franklin Turnpike in Ramsey, New Jersey, presents a significant investment opportunity. Offered at $30 million, this office building represents a substantial asset in a desirable location. While the square footage is currently unavailable, the property's strategic positioning within Ramsey offers excellent access to major transportation routes, ensuring convenient commutes for employees and clients alike. The property sits on a zero-acre lot, suggesting a compact and efficient design. The building's precise specifications, including the number of floors, interior layout, and available amenities, are currently being finalized and will be provided upon request. Interested parties are encouraged to schedule a viewing to assess the property's full potential. This is an ideal opportunity for businesses seeking a prominent presence in a thriving New Jersey market. The property's location within Ramsey offers access to a robust local economy and a diverse workforce. Further details regarding the building's features and specifications will be made available during the due diligence process. This is a rare opportunity to acquire a significant commercial property in a highly sought-after location. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,238,896
    Hospitality
    $4,798,800
    Educational
    $3,992,546
    Medical
    $4,129,855
    Retail
    $6,210,626
48 Franklin Tpke, Ramsey, New Jersey

Location Insight

City
Ramsey
County
Bergen
State
New Jersey
Latitude
41.0571
Longitude
-74.131
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
$94,428
$1,541,000
$2,059,000
$3,600,000
-
$1,541,000
$2,059,000
$3,600,000

FAQs

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