228 North Rt 17 Upper Saddle River, NJ $ 1,750,000
228 North Rt 17
$ 1,750,000
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228 North Rt 17

Upper Saddle River, NJ, 07458
$ 1,750,000
Baths0.0

Monthly Estimate*

$ 12,224

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Studio

Commercial Property for sale in Upper Saddle River, NJ

for $1,750,000.

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)

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Commercial Contingent

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,730

Style

Office

Town/City

Upper Saddle River

County/Region

Bergen

MLS | Web ID

23004727

Features
Exterior
Waterfront None
Flood Plain None
Substyle Profsnl
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General
Area 0263
Style Office
Status UNDER CONTRACT
Utilities Sep Elec Sep Gas Sep Heat Sep Water
Complex Name None
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Interior
Heating/Cooling Gas
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* Excluded Features

Affordability Calculator

$14,285
Per Month
86%
14%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$2,061
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2023$1,750,000 -7.89% Price Down
2/17/2023$1,900,000 Listed Price

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228 North Rt 17, Upper Saddle River, NJ, 07458 is a Commercial Property for sale at $1,750,000. 228 North Rt 17 is a studio with 0.0 baths. The property's zip code is 07458 which is in Upper Saddle River, NJ