SOLD

228 North Rt 17

Upper Saddle River NJ, 07458

$1,500,000


$200.00 per sqft

SOLD

7,500 sqft

Commercial

Courtesy of Skyline Real Estate Partners with Jonathan B. Cohen, Listing Contact: 2017070019 

Prime 1.74 Acre site situated along Route 17 North in Upper Saddle River, NJ. Property currently consists of two office buildings: 1) 5,000+/- SF front building is currently owner occupied and will be delivered vacant at closing 2) 2,500+/- SF rear buildings is currently 50% occupied by Hertz Rental Car Hertz lease expires on6/30/2023 and they have expressed interest in signing a new 5 year lease Hertz pays $2,412.39/mo in base rent + $900/mo in expenses including 1/3 of real estate taxes and 50% of pass through expenses. Hertz current total rent is $3,312.39/mo or $39,748.68/year ($32/SF gross)

23004727

MLS ID

May 16, 2024

Listed

May 16, 2024

Updated

Map

228 North Rt 17
Upper Saddle River NJ, 07458

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Architectual Style

Office

Other Property Details

Taxes

$24,730


Tax Frequency

Annually


Garage

No


View

No


County

BERGEN


Pool

No


Buyer Agency Compensation

2%-$275

Listing History

Date

Event

Price

5/16/2024

Price Change

$1,500,000

-15%

5/16/2024

Sold

$1,500,000

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 Keller Williams Village Square Realty 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.

All information deemed reliable but not guaranteed.  Last date updated:  5/16/2024 

Source:  New Jersey Multiple Listing Service, Inc.

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