$3,200,000
110 East Ridgewood Avenue Paramus, NJ 07652
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Listed by Michelle Han • Prominent Properties Sotheby's International Realty-Edgewater • (201) 704-8831
$3,200,000
Est. payment /mo
UPDATED:
10/28/2024 05:31 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24034631
Annual Tax Amount $2,759,052
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.
Location
State NJ
County Bergen
Area Paramus
Interior
Heating Gas
Exterior
Utilities Available O/See Rmks
Waterfront Description None
Others
Ownership Private
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Garima Verma
Broker / Owner | License ID: 1859462
Broker / Owner License ID: 1859462