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Commercial space For Sale in Paramus, NJ
 

Map

MLS# : 24034631

Street : 110 East Ridgewood Avenue 2
Price : $3,200,000
Town : Paramus, NJ 07652
Annual Taxes : $2,759,052

PROPERTY DETAILS

Use : Office
Type : Medical
Utilities : O/See Rmks
Heat/Cool : Gas
Waterfront : None

PROPERTY DESCRIPTION

Strategic Location: Positioned along the major thoroughfare of East Ridgewood Avenue, a high-traffic corridor with excellent visibility and accessibility. Proximity to Major Routes: Easy access to Route 17 and the Garden State Parkway, ensuring convenience for patients and staff. Strong Tenant: The tenant is a reputable urgent care facility, generating reliable foot traffic and providing essential medical services to the community. Stability & Growth: Medical office tenants are typically stable and recession-resistant, providing security for investors. The growing local population and increasing demand for healthcare services enhance the long-term value of the property. Ample Parking: The property offers 6 dedicated parking spaces, a significant amenity for medical tenants and their patients. This property is ideal for investors looking to capitalize on the steady demand for healthcare real estate in an affluent and densely populated area.

Amenities

This listing is a courtesy of Prominent Properties Sotheby's International Realty-Edgewater
(201) 840-8898 office, listing agent Michelle Han

About Paramus, NJ Real Estate Market

The town of Paramus is located twenty five minutes away from the Lincoln Tunnel and thirty minutes from the George Washington Bridge. Paramus has easy access to major highways and to major domestic and international airports.

Paramus is one of the largest shopping destinations in America with many high-end stores and shopping centers enjoyed by shoppers from around the area and New York City.

Paramus residents have access to many parks in town and natural habitats with the only zoo in Bergen County in Van Saun County Park and a six mile bike path stretching from Ridgewood to Rochelle Park.

The town of Paramus has relatively low property taxes and highly ranked public and private schools.
Population:  26,342
Total Housing Units:  8,915
Single Family Homes:  8,124
General Tax Rate (2023):  1.533%
Effective Tax Rate (2023):  1.430%
Compare To Other Towns

Paramus Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,038,306
Homes Sold* (12mo):  186
PRICE INDEX
SINGLE FAMILY HOME SALES

Paramus, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.533%
Effective Tax Rate (2023):  1.430%
GENRAL TAX RATE - Paramus, NJ



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    MADISON ADAMSTM

    office: 201-760-1100
    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201-760-1100 (office)
    201-760-1102 (fax)

    Contact Info

    FOR APPOINTMENTS CONTACT


    Sales Associate
    610-844-6866 (cell)

    Madisom Adams Sales Associate Maria Cisneros Martinez


    Sales Associate
    201-982-0358 (cell)

    Madisom Adams Sales Associate Yuriy Zatuchny


    Sales Associate
    551-358-4252 (cell)

    Madisom Adams Sales Associate Henry A. Washington


    Real estate inventory
    Paramus
    Homes : $599,000 - 2,669,000 38 avail
    Condos : -
    Co-ops : -
    Twnhs : $899,000 - 1,350,000 3 avail
    2-4 Fam : $1,199,000 - 1,399,000 3 avail
    5+ Fam : -
    Land : $699,000 - 1,050,888 3 avail
    Rentals : $1,900 - 11,310 22 avail
    Mixd Use : -
    Com S : -
    Com L : -
    Biz : $680,000 - 680,000 1 avail


    70 SEE ALL

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    More Listings in Paramus

    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
    NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 10/31/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


    General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

    Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

    Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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    Madison AdamsTM

    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201 760-1100 (office)
    201 760-1102 (fax)
    office@madisonadams.com