From the Star Ledger:
Name any brand, and it probably has at least one location in Paramus — some have two or three.
At a time when retail all over the world is struggling to survive, it seems that nothing — not even local laws that prohibit stores from actually being open seven days a week — can stop Paramus. The former farming community already sees more retail sales than any other zip code in the country (yup, it even beats Beverly Hills’ luxurious Rodeo Drive) and it’s continuing to add more shopping complexes.
Paramus is home to four major malls and a slew of other retailers that line the bustling highway routes 4 and 17 that bisect the town. And, no site sits stagnant for long. An office building was razed and a shopping center, called Paramus Crossroads, is being built near the intersection of Route 17 and the Garden State Parkway, between PC Richards and a PGA Superstore.
“Paramus is one of the most dynamic and desirable retail markets in the country, and has been for many years,” said Jared Minatelli, director of asset management for Advance Realty, which along with Invesco Real Estate developed Paramus Crossroads.
More than $6 billion in retail sales happen in Paramus each year.
The biggest of the Paramus malls (which is also the largest mall in New Jersey) is Westfield Garden State Plaza. It spans more than 2 million square feet and was named one of the most lucrative malls in America. It sits on 198 acres at the intersection of routes 4 and 17.
Garden State Plaza alone gets about 20 million visitors per year. Compare that to the number of visitors to the Eiffel Tower (7 million) or the number of annual guests at Disney World’s Magic Kingdom (20.5 million).
What makes Paramus’ retail powerhouse status even more impressive is almost all of its stores are only open six days a week. Retailers are forced by county — and town — Blue Laws not to sell pretty much anything but food on Sundays.