18 Ridgewood AveParamus, NJ 07652

Property Details for 18 Ridgewood Ave

Year built

2022

Lot size

0.81 AC

Property size (Sq ft)

5,624 SF

Property type

Commercial real estate

APN

46 06806-0000-00001

APU

4606806000000001

Description

This exceptional commercial property, located at 18 W Ridgewood Avenue in Paramus, New Jersey, presents a compelling investment opportunity. The building is classified as an office property and is offered at a price of $34 million. While the precise square footage isn't currently specified, the property's location in the thriving Paramus market makes it highly attractive. Paramus is known for its strong economy and robust commercial activity, ensuring a high potential for return on investment. The property sits on a lot with no acreage listed, suggesting a potentially compact and efficient layout ideal for a variety of office uses. The absence of detailed square footage information underscores the need for a thorough on-site inspection to fully assess the property's dimensions and potential for adaptation to specific business needs. Interested parties are encouraged to conduct due diligence to determine the suitability of the property for their intended purpose. Given the competitive nature of the Paramus commercial real estate market, this offering represents a rare chance to acquire a strategically positioned asset with significant upside potential. The asking price reflects the property's prime location and the overall strength of the Paramus commercial sector. Further details regarding the property's internal layout, amenities, and zoning regulations can be provided upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $1,064,281

  Hospitality

  $974,875

  Educational

  $811,085

  Medical

  $838,979

  Retail

  $1,261,688

Location Insight

City

Paramus

County

Bergen

State

New Jersey

Latitude

40.9688

Longitude

-74.0807

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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