1000 Sylvan AveEnglewood Cliffs, NJ 07632

For Sale
  • Commercial real estate
  • 5.46 AC

Property Details for 1000 Sylvan Ave

Lot size
5.46 AC
Property type
Commercial real estate
APN
16 01202-0000-00002- 01
APU
160120200000000201

Description

This exceptional 66,068-square-foot office building, constructed in 1981, is situated on a generous 5.391-acre lot in the prestigious Englewood Cliffs, NJ, 07632. Its prime location on Sylvan Avenue (also known as 9W) offers unparalleled convenience, just minutes from the George Washington Bridge and a wealth of amenities. This section of 9W is renowned as the "Billion Dollar Mile," home to numerous corporate headquarters, ensuring high visibility and accessibility. The building boasts a striking atrium design, incorporating skylights to provide abundant natural light throughout. While most interior walls have been removed to allow for flexible space planning, a dedicated executive office area remains intact. The property also includes fully plumbed cafeteria and coffee room facilities, ready for immediate use. This presents a unique opportunity to acquire a substantial, well-located office building with significant potential for redevelopment or continued use as a single-tenant space. The property's size and location make it an ideal investment for businesses seeking a prominent presence in a thriving corporate environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $45,008,252
    Hospitality
    $41,227,316
    Educational
    $34,300,644
    Medical
    $35,480,296
    Retail
    $53,356,556
1000 Sylvan Ave, Englewood Cliffs, New Jersey

Location Insight

City
Englewood Cliffs
County
Bergen
State
New Jersey
Latitude
40.9006
Longitude
-73.9388
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
$192,033
$5,700,000
$11,400,000
$17,100,000
-
$5,700,000
$11,400,000
$17,100,000

FAQs

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