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75 S State Rt 17 160,000 SF Specialty Building Offered For Sale in Paramus, NJ 07652
Investment Highlights
- 9,737 Future Residential Units in the Development Pipeline (5-Mile Radius)
- Large Population of 585,165 People and a Strong Household Income Average of $142,091 (5-Mile Radius)
- Strategically Located On Route 17 South (157,244 VPD Traffic Count), One of Bergen County’s Highest-Traffic Commercial Corridors
- Paramus is a Major Regional Employment and Shopping Center, Supporting Ongoing Population Inflow and Local Storage Needs
Executive Summary
MORE INFO / VIEW OFFERING MEMORANDUM: https://selfstorageadvisory.com/properties/public-storage-paramus/
CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for Public Storage, which consists of 1,278 units distributed across 124,559 net rentable square feet of ground level drive-up and interior climate-controlled storage space. This trophy asset is situated in a fast growing area that has great demographics, with a dense infill population of 585,165 people, 9,737 future residential units in the development pipeline, and a strong household income average of $142,091 within a 5-mile radius. Since its first full month of operations in August of 2024, the property has averaged over 4,900 net square feet of occupancy and is currently 74.3% occupied.
Paramus, New Jersey is a highly attractive suburban investment market anchored by one of the strongest retail and healthcare economies in the Northeast, benefiting from its strategic location within Bergen County just minutes from New York City. The city is nationally recognized as a premier retail destination, serving as home to Garden State Plaza and Bergen Town Center, two of the highest-grossing shopping centers in the country, supporting a large employment base and drawing consistent regional traffic. Healthcare is a growing economic driver following the opening of The Valley Hospital’s new Paramus campus, a transformational investment exceeding $1 billion that supports several thousand permanent healthcare jobs and reinforces long-term employment stability. Paramus is also home to Bergen Community College’s main campus, which enrolls approximately 14,000 students, providing a steady institutional presence and skilled workforce pipeline. The city is strategically positioned near the Port of New York and New Jersey, the largest port on the East Coast, enhancing logistics accessibility for the broader region. Looking ahead, Paramus continues to see mixed-use redevelopment along Routes 4 and 17, including retail modernization, medical office expansion, and residential components that are expected to generate hundreds of new jobs and millions in capital investment, positioning the city for sustained growth driven by high-income demographics, infrastructure access, and continued commercial reinvestment.
*Public Storage is the Third Party Manager
CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for Public Storage, which consists of 1,278 units distributed across 124,559 net rentable square feet of ground level drive-up and interior climate-controlled storage space. This trophy asset is situated in a fast growing area that has great demographics, with a dense infill population of 585,165 people, 9,737 future residential units in the development pipeline, and a strong household income average of $142,091 within a 5-mile radius. Since its first full month of operations in August of 2024, the property has averaged over 4,900 net square feet of occupancy and is currently 74.3% occupied.
Paramus, New Jersey is a highly attractive suburban investment market anchored by one of the strongest retail and healthcare economies in the Northeast, benefiting from its strategic location within Bergen County just minutes from New York City. The city is nationally recognized as a premier retail destination, serving as home to Garden State Plaza and Bergen Town Center, two of the highest-grossing shopping centers in the country, supporting a large employment base and drawing consistent regional traffic. Healthcare is a growing economic driver following the opening of The Valley Hospital’s new Paramus campus, a transformational investment exceeding $1 billion that supports several thousand permanent healthcare jobs and reinforces long-term employment stability. Paramus is also home to Bergen Community College’s main campus, which enrolls approximately 14,000 students, providing a steady institutional presence and skilled workforce pipeline. The city is strategically positioned near the Port of New York and New Jersey, the largest port on the East Coast, enhancing logistics accessibility for the broader region. Looking ahead, Paramus continues to see mixed-use redevelopment along Routes 4 and 17, including retail modernization, medical office expansion, and residential components that are expected to generate hundreds of new jobs and millions in capital investment, positioning the city for sustained growth driven by high-income demographics, infrastructure access, and continued commercial reinvestment.
*Public Storage is the Third Party Manager
Property Facts
| Sale Type | Investment | Lot Size | 3.00 AC |
| Property Type | Specialty | Building Size | 124,559 SF |
| Property Subtype | Self-Storage | No. Stories | 3 |
| Building Class | B | Year Built | 2024 |
| Zoning | GB | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.00 AC |
| Building Size | 124,559 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | GB |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $27,651,817 CAD | |
| Land Assessment | $7,915,230 CAD | Total Assessment | $35,567,047 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$7,915,230 CAD
Improvements Assessment
$27,651,817 CAD
Total Assessment
$35,567,047 CAD
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75 S State Rt 17
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