• 120 State Route 17
  • 120 State Route 17
  • +2 images 120 State Route 17
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120 State Route 17

Off-Market

120 State Route 17, Paramus, NJ 07652

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 45,052 SF
  • Lot Size 3.44 Acre
  • Parking Spaces Avail. 184
  • Parking Ratio 4.10/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983

Location

  • City Paramus, NJ
  • Neighborhood Paramus
  • Zip Code 07652
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 12 Jun, 2013
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Paramus

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Paramus Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $31.53
  • 2020 Office Vacancy Rate 14.23%
  • 2020 Office Completions (SF)

Tax

  • Property Tax in 2022 $142,986
  • Market Value* $8,644,900
  • Assessed Value $8,644,900

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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