A Barnes & Noble bookstore operates in a building adjacent to the former mall, and several other businesses occupy smaller spaces.

It has a gross leasable area of 446,000 sq ft (41,400 m2)[3] and is considered small by modern standards, with less than 15 stores at its peak.

Due to highly restrictive blue laws in Bergen County, with even stricter limitations in Paramus, the Fashion Center is closed on Sundays, except for Applebee's and the Amazon Fresh market.

Prior to the mall's construction, the area was native marsh and grassland where muskrats were trapped and sold for their fur by local residents.

By the 1980s, this growing competition, coupled with the demise of B. Altman, led to a severe decline in the mall's fortunes.

Retailers gradually moved out, leaving Lord & Taylor as its only anchor store and leading some to refer to the Fashion Center as a dead mall.

[7] On August 27, 2020, it was announced that Lord & Taylor would be closing all 38 stores, including the Fashion Center location.