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2 Forest Ave 12,615 SF 100% Leased Office Building Oradell, NJ 07649 $4,500,000 ($356.72/SF)
EXECUTIVE SUMMARY
FOR SALE OR LEASE-FREESTANDING BUILDING BUILT IN 1989, 1.07 ACRE LOT LOCATED AT SIGNALED TRAFFIC LIGHT ON FOREST AND RIDGEWOOD AVENUE-CLOSE TO NYC TRANSPORTATION BY TRAIN OR BUS-CLOSE TO ALL MAJOR HIGHWAYS, CAR COUNT 20,844 PER DAY-CLOSE PROXIMITY TO THE NEW VALLEY HOSPITAL-VALLEY HEALTH SYSTEM COMING APRIL 14, 2024, ONLY 1.5 MILES AWAY ON WINTERS AVENUE IN PARAMUS, 3 MINUTE DRIVE TO ORADELL TRAIN STATION, GARDEN STATE PARKWAY, RT. 17, RT. 4 AND KINDERKAMACK ROAD. THIS LOCATION'S CURRENT USE IS A FINANCIAL FIRM AND LAW FIRM. THIS BUILDING CAN BE A PERFECT FIT FOR AN OWNER USER AND TURN THE KEY. THIS BUILDING WAS RECENTLY RENOVATED BY AN ELITE AWARD WINNING INTERIOR DESIGNER FIRM WITH IMPECCABLE FINISHES. MULTIPLE PRIVATE OFFICES, CONFERENCE ROOMS, OPEN BULL-PEN AREAS, GOLF SIMULATOR, GYM WITH FULL BATH, KITCHEN AND MUCH MORE! IT CAN ALSO BECOME A CREATIVE LOCATION FOR MANY DIFFERENT USES UPON APPROVALS FROM MUNICIPALITY; SUCH AS: DOCTORS MEDICAL CENTER, SURGERY CENTER, BANK, SCHOOL, CHILDREN/ADULT DAY CARE, CONVENIENCE STORE, DRUG STORE, STOREFRONT RETAIL AND RESIDENTIAL.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Building Size
12,615 SF
Building Class
B
Year Built
1989
Price
$4,500,000
Price Per SF
$356.72
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.27
Lot Size
1.07 AC
Zoning
R-2
AMENITIES
- Security System
- Signage
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 44-00503-0000-00064 | Improvements Assessment | $2,287,600 |
| Land Assessment | $1,279,900 | Total Assessment | $3,567,500 |
PROPERTY TAXES
Parcel Number
44-00503-0000-00064
Land Assessment
$1,279,900
Improvements Assessment
$2,287,600
Total Assessment
$3,567,500
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2 Forest Ave
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