216 Old Tappan RdOld Tappan, NJ 07675

  • Other commercial real estate
  • 18,550 SF
For Lease

Property Details for 216 Old Tappan Rd

Lot size
5.15 AC
Property size (Sq ft)
18,550 SF
Property type
Other commercial real estate
APN
43 01606-0000-00006
APU
4301606000000006

Description

Bi-State Plaza, located at 216 Old Tappan Road in Westwood, New Jersey (zip code 07675), offers a prime retail opportunity in Bergen County. This established shopping center boasts a total of 89,000 square feet of retail space, with a significant 53,417 square feet currently available for lease. The property is categorized as a multi-tenant shopping center, providing flexibility for businesses of various sizes. Units range from a minimum of 1,125 square feet to a maximum contiguous space of 33,592 square feet, catering to a wide spectrum of retail needs. Ample parking is provided, with a ratio of 5 spaces per 100 square feet of building area. The center's address is conveniently situated in Westwood, within Bergen County, offering excellent access to major transportation routes and a strong local customer base. This presents a unique chance to establish or expand a retail presence in a thriving New Jersey community. The property is classified as retail and is ideal for businesses seeking a well-established location with significant visibility and ample parking. The available space offers considerable potential for a variety of retail concepts. Interested parties are encouraged to inquire about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,510,386
    Hospitality
    $3,215,494
    Educational
    $2,675,254
    Medical
    $2,767,260
    Retail
    $4,161,506
216 Old Tappan Rd, Old Tappan, New Jersey

Location Insight

City
Old Tappan
County
Bergen
State
New Jersey
Latitude
41.0145
Longitude
-73.9825
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
2023
$212,578
$5,110,000
$4,759,000
$9,869,000
-
$5,110,000
$4,759,000
$9,869,000

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