PLAZA AT NEW BRIDGE

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ

FOR LEASEOR FOR SALE

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Property Description

ADDRESS80 New Bridge RoadBergenfield, NJ 07621Bergen County

YEAR BUILT 1988

BUILDING SIZE 54,650 +/- SF

PROPERTY SIZE 5.47 Acres

TAXES (2016) $323,930.33

COMMENTS• High Volume Traffic• Strong Retail Market• Outstanding Visibility

NEARBY TENANTSRite Aid, AutoZone, Bank of America, Advance Auto Parts, Sears Outlet, PNC Bank, Pizza Hut, Walgreens

2

BERGENFIELD is an upwardly middle-class borough in Bergen County. It is a community whose roots go back to the Dutch and Hugue-not settlers of the pioneer days, but the history of its steady climb to being one of New Jersey’s best towns has been a long one, filled with lots of highlights. Twice voted onto the list of Best Places to Live (2008, 2010) by New Jersey Monthly, Bergenfield stands as one of the best suburban towns in NJ.

10 miles

AREA PROFILE 1 MILE 3 MILE 5 MILE

Population 25,584 186,921 415,584

Avg Household Income $107,986 $133,989 $114,582

Number of Businesses 1,008 10,569 24,903

Number of Employees 5,836 87,624 248,662

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Bergen County Metro Market Area

3

CR 10CR 39

CR 10

CR 10

CR 39

Sout

h W

ashi

ngto

n A

ven

ue

New Bridge RoadNew Brid ge RoadNew Bridge R oad

Tean

eck

Road

Liberty Road

Win

dsor

Roa

d

Win

dso

r Ro

ad

Murray H

ill Terrace

Gre

enbr

iar S

tree

t

Schoolc raft Road

Gre

enw

ich

Stre

et

Englewood A ven ue Englewood AvenueBeechwood StreetW

oodb

ine

Stre

et

Wild

rose

Ave

nue

Sunrise Terrace

Pal

isad

e A

venu

e

McD

erm

ott P

lace

Gree

Fred

eric

k Pl

ace

Long

view

Cou

rt

Linwood A

venue

G

War

ren

Str

eet

t

Sylvan Avenue

Manning Place

Fulton Street

Fost

er S

tree

t

Win

dsor Road

Vesey Street

Rect

or

Cou

rtNorth S treet

Malden C ourt

Lilac Street

Lerome Place

Laur

el C

ourt

Judith Place

How

ard

Driv

e

Arm ory Place

Wilb

ur R

oad

Quincy Lane

Meyer Court

Maiden Lane

ne

Ward Plaza

Hill

Pla

ce

Court

Lee Plac e

Lee Place

Hunt Walk

Brey

La

ne

Row

Mor

risse

y W

alk

Teaneck NationalGuard Armory

VeteransMemorial Park

Foster Village

PLAZA ATNEW BRIDGE

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Market Map

N4

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Low Level Aerial

Former Pathmark/ACME

N

WIN

DSO

R RO

AD

NEW BRIDGE ROAD

WO

OD

BIN

E RO

AD

26,773 AADT

5

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Site Plan

6


www.NJTaxMaps.com

Tax Map

SITE

7


NJTaxMaps.comDetailed Property Report 2/1/2017

PATHMARK STORES, LLC80 NEW BRIDGE ROAD

Owners Mailing AddressPATHMARK STORES, LLC2 PARAGON DRIVEMONTVALE, NJ 07645

County:Town:Block:Lot:Qual:

BERGENBERGENFIELD3301

Tax Information

Land Value:Improvement Value:Total Assessment:Property Tax:Assessed Year:

$4,908,600.00$5,306,800.00$10,215,400.00$323,930.332004

Property Type:Tax Year:Exemption Status:Tax Account #:

Commercial2016

Property Description

Improvement Percentage:Building Description:Lot Size:Sq. Feet:Prior Owner:

51.95%1S391X584 5.47AC238273

Deed Book/Page:Deed Date:

Sale Price:

8655 9951/28/2004

$10.00

Information deemed accurate but not reliable. Page: 1

Tax Map Report

8

Pleasantville • 64% are college educated• Not cost-conscious, these consumers willing to spend more for quality and brands they like• Prefer fashion that is classic and timeless as opposed to trendy• Families own older, single-family homes and maintain their standard of living with dual incomes

Wegmans Home Depot

Banana Republic Lexus

$90,000median household income

top 3 budget allocations

pensions & social security

housingeducation

Office & Administrative Supporttop occupation

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Demographic Profiles

9

• Many residents have completed some college or a degree, and they earn a good income in professional and service occupations

• Price-conscious consumers, they seek out deals on brands they like at warehouse clubs, Walmart, or Target

• Attuned to nature and the environment, and when they can, purchase natural products• They work hard and budget well to support their urban lifestyles their urban lifestyles

Target Grabbagreen

Ulta Beauty Costco

entertainment & recreation

housingeducation




City Lights


10

• Shop for groceries at warehouse/club stores, as well as specialty markets• Family activities include visiting theme parks, going to the beach, playing soccer, and going

out for fast food• Consumers are attentive to personal style; purchases reflect their youth and their children• Read baby magazines and purchase baby products

McDonald’s Babys R Us

BJ’s Wholesale Club

food

housingeducation




International Marketplace


11

Top Tier • They prefer upscale salons, spas, and fitness centers for their personal well-being and shop at high-end retailers for their personal effects

• Residents fill their weekends and evenings with opera, classical music concerts, charity dinners, and shopping

• These are the nation’s wealthiest consumers

Bloomingdales Mercedes Benz

Luxury Vacation

education





Managementtop occupation


12

Savvy Suburbanites • Savvy Suburbanites residents are well educated, well read, and well capitalized• Gardening and home remodeling are priorities, usually DIY. Riding mowers and power tools are

popular, although they also hire contractors for the heavy lifting• Physically fit, residents actively pursue a number of sports, from skiing to golf, and invest

heavily in sports gear and exercise equipment

education

Managementtop occupation



Home Depot Dick’s Sporting Goods

Barnes & Noble Kings Supermarket




13

PLAZA AT NEW BRIDGE80 NEW BRIDGE ROAD • BERGENFIELD, NJ Demographic Report

1 mile radius 3 mile radius 5 mile radiusPopulation (excluding NYC)

2017 Estimated Population 26,160 185,805 388,9622022 Projected Population 27,047 192,506 404,183

2010 Census Population 25,207 177,979 373,0192000 Census Population 24,698 174,351 365,892

2017 Median Age 38.3 40.5 41.2

Households2017 Estimated Households 8,516 65,079 141,7872022 Projected Households 8,753 67,078 146,598

2010 Census Households 8,337 63,250 138,0222000 Census Households 8,450 62,585 136,470

Projected Annual Growth 2017 to 2022 0.6% 0.6% 0.7%

Historical Annual Growth 2000 to 2017 - 0.2% 0.2%

Race2017 Estimated White 44.0% 55.5% 55.8%

2017 Estimated Black or African American 25.1% 16.2% 11.9%2017 Estimated American Indian & Native Alas-

kan18.3% 18.6% 22.4%

2017 Estimated Asian & Pacific Islander 0.3% 0.3% 0.3%2017 Estimated Other Races 12.3% 9.5% 9.7%

2017 Estimated Hispanic 23.9% 20.3% 20.9%

Income2017 Estimated Average Household Income $110,609 $129,662 $118,6632017 Estimated Median Household Income $91,337 $106,555 $96,091

2017 Estimated Per Capita Income $36,026 $45,464 $43,348

Education (Age 25+)2017 High School Graduate 26.5% 23.1% 24.3%

2017 Some College 14.6% 14.0% 14.2%2017 Associates Degree Only 5.5% 5.3% 5.4%2017 Bachelors Degree Only 28.3% 29.9% 30.0%

2017 Graduate Degree 15.3% 19.5% 17.5%

Business/Daytime2017 Estimated Number of Businesses 1,020 10,210 23,053

2017 Estimated Total Number of Employees 6,188 92,432 243,592 14

Florian [email protected]

www.ripconj.com

125 Chubb AvenueSuite 150 S Lyndhurst, NJ 07071201.777.2300

EXCLUSIVE REPRESENTATION

Nina L. [email protected]

Documents

PLAZA AT NEW BRIDGE