299 Forest Ave - Office FOR SALE


Paramus, NJ 07652
$3,200,000 USD
201-400-5344
299 Forest Ave, Paramus, NJ for Sale
$3,200,000 USD
Office - FOR SALE
1/92
null | 6.1% Cap Rate

Apr '26


299 Forest Ave
Paramus, NJ 07652


HIGHLIGHTS

  • ±16,000 SF multi-tenant office/medical building
  • Flexible suite layouts ideal for medical, dental, therapy, and professional users
  • Strong value-add opportunity through lease-up, renewals, and modernization
  • Redevelopment/repositioning potential (subject to zoning and municipal approvals)
  • Prime Paramus location surrounded by dense residential and strong demographics
  • Excellent access to Route 17, Route 4, I-80, and Garden State Parkway

OVERVIEW

299 Forest Ave in Paramus, New Jersey is a cash-flow-positive, two-story office building offering approximately +/- 16,000 square feet of commercial space in a prime Bergen County location. Currently configured for approximately 18 tenants and supported by two existing cell tower leases, the property provides diversified income with value-add upside to increase rents. Positioned on a highly visible corridor with more than 15,000 vehicles passing daily, this asset benefits from strong exposure, consistent traffic, and long-term demand, making it an attractive opportunity for both investors and owner-occupants seeking stable returns in Paramus.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,891 SF

ZONING

NB, Paramus

APN/PARCEL ID

46-03815-0000-00005

ASK ABOUT THIS PROPERTY

Patrick VarelasRE/MAX SELECTMore Info
201-400-5344

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Patrick VarelasRE/MAX SELECTMore Info
201-400-5344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.