Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Keller Williams Realty Village Square

    74, Godwin Avenue, Ridgewood, NJ 07450
    (201) 445-4300
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land
    • Residential Multi Family
    • Residential

    Listings

    For Sale (26)

    View map
    Newark Multi-Family Home For Sale
    $849,000
    0.06 Acres

    Newark Multi-Family Home For Sale

    Two-family home in Newark with six bedrooms and four bathrooms.

    46 Barbara St, Newark, NJ 07105
    View details
    Wyckoff Twp. Commercial Building
    $2,500,000
    10,000 SF

    Wyckoff Twp. Commercial Building

    10,000 SF office building in prime location.

    385 Clinton Ave, Wyckoff, NJ 07481
    View details
    Raritan Commercial Condo Office Space
    $299,000
    8,979 SF

    Raritan Commercial Condo Office Space

    Well-maintained commercial condo office in high-traffic Raritan location.

    1124 Rt202B1, Raritan, NJ 08869
    View details
    Multi-Family Home with Income Potential
    $499,900
    0.06 Acres

    Multi-Family Home with Income Potential

    Spacious multi-family home in Paterson City, ideal for investors.

    125 Pearl St, Paterson, NJ 07501
    View details
    Union City Mixed-Use Building
    $699,777

    Union City Mixed-Use Building

    Mixed-use building with daycare and residential unit in Union City.

    725 17Th St, Union City, NJ 07087
    View details
    Multi-Family Property
    $679,900

    Multi-Family Property

    For sale multi-family opportunity at 650 Grove Street in Irvington, suited for investors and owner-occupants.

    650 Grove St, Irvington, NJ 07111
    View details
    Undeveloped Lot with Lake Views
    $99,000
    0.49 Acres

    Undeveloped Lot with Lake Views

    0.49-acre lot with scenic lake views in Stanhope Boro.

    2 Robert Pl, Stanhope, NJ 07874
    View details
    Renovated Three-Family Property in Newark
    $769,000

    Renovated Three-Family Property in Newark

    Completely renovated three-family property in a convenient Newark location.

    164 Parker St, Newark, NJ 07104
    View details
    Renovated Three-Family Newark City Property
    $769,000
    0.06 Acres

    Renovated Three-Family Newark City Property

    Completely renovated three-family property in a convenient Newark location.

    164 Parker St, Newark, NJ 07104
    View details
    Vacant Land Near Shark River
    $299,999

    Vacant Land Near Shark River

    Land opportunity near beaches, shopping, and dining in Wall, NJ.

    1429 Adrienne Rd, Wall, NJ 07719
    View details
    Warehouse and Office in Newark
    $1,500,000
    6,200 SF

    Warehouse and Office in Newark

    Vacant warehouse and office space in Newark's Ironbound district.

    41-43 Malvern St, Newark, NJ 07105
    View details
    Bedminster Twp. Land Opportunity
    $2,900,000
    12.75 Acres

    Bedminster Twp. Land Opportunity

    12.75-acre property with commercial and residential potential in Bedminster, NJ.

    1850 Burnt Mills Rd, Bedminster, NJ 07921
    View details
    Jersey City Land Opportunity
    $600,000
    0.05 Acres

    Jersey City Land Opportunity

    Prime land near Journal Square, ideal for custom residence.

    149.5 Glenwood Ave, Jersey City, NJ 07306
    View details
    Paterson Multifamily Property with Potential
    $499,900

    Paterson Multifamily Property with Potential

    Two units, finished attic and basement, private backyard.

    125 Pearl St, Paterson, NJ 07501
    View details
    Bedminster Horse Farm Opportunity
    Contact for pricing

    Bedminster Horse Farm Opportunity

    15.55-acre horse farm with commercial and residential potential.

    1850 Burnt Mills Rd, Bedminster, NJ 07921
    View details
    Raritan Office Condo - Prime Location
    $354,000
    8,979 SF

    Raritan Office Condo - Prime Location

    Turnkey Double Office Condo, Updated, High Visibility

    1124 12, Raritan, NJ 08869
    View details
    Renovated Office Condo For Sale
    $330,000
    1,000 SF

    Renovated Office Condo For Sale

    Recently renovated condo ideal for medical or professional office use.

    216 Stelton Rd, Piscataway, NJ 08854
    View details
    Turnkey Double Office Condo
    Contact for pricing

    Turnkey Double Office Condo

    Updated office condo with flexible use options in Raritan.

    1124 Us Hwy 202 #B9, Raritan, NJ 08869
    View details
    Bedminster Horse Farm with Potential
    Contact for pricing

    Bedminster Horse Farm with Potential

    15.55-acre property in Bedminster, NJ with commercial and residential land.

    1850 Burnt Mills Rd, Bedminster, NJ 07921
    View details
    Commercial Land in Prime Location
    $599,000

    Commercial Land in Prime Location

    Prime commercial land in Parsippany, NJ, on Rt 46.

    20 Sandra Dr, Parsippany, NJ 07054
    View details
    Wanaque Retail Investment Opportunity
    Contact for pricing
    1,001 SF

    Wanaque Retail Investment Opportunity

    Business zoned property on high traffic Ringwood Avenue.

    365 Ringwood Ave, Wanaque, NJ 07465
    View details
    Newer Two-Family Home For Sale
    $899,000

    Newer Two-Family Home For Sale

    Turn-key, newer construction two-family home with income potential.

    319 Renner Ave, Newark, NJ 07112
    View details
    Raritan Commercial Condo Office
    Contact for pricing

    Raritan Commercial Condo Office

    Well-maintained commercial condo office in high-traffic Raritan location.

    1124 Us Hwy 202 #B9, Raritan, NJ 08869
    View details
    Renovated Duplex in South Bound Brook
    Contact for pricing

    Renovated Duplex in South Bound Brook

    Two-family home near transportation and amenities, ideal for investors.

    206 Bathgate Ave, South Bound Brook, NJ 08880
    View details
    Warehouse and Office in Newark
    Contact for pricing
    6,200 SF

    Warehouse and Office in Newark

    Vacant warehouse with office space in Newark's Ironbound section.

    41 Malvern St, Newark, NJ 07105
    View details
    Fully Leased Mixed-Use Asset
    Contact for pricing

    Fully Leased Mixed-Use Asset

    Income-producing property with residential and commercial units in North Bergen.

    6245 Kennedy Blvd, North Bergen, NJ 07047
    View details

    For Lease (8)

    View map
    Prime Storefront with Ample Parking
    $5,800 / Mo
    1,069 SF

    Prime Storefront with Ample Parking

    High-visibility storefront with parking in Wanaque Boro, NJ.

    901 Ringwood Ave, Haskell, NJ 07420
    View details
    Remodeled Auto Repair Garage
    $7,000 / Mo
    1,316 SF

    Remodeled Auto Repair Garage

    Remodeled auto repair garage in high-traffic area, suitable for various vehicles.

    480 Union Ave, Paterson, NJ 07522
    View details
    Wyckoff Commercial Office Space
    Contact for pricing

    Wyckoff Commercial Office Space

    Commercial office space in Wyckoff's business triangle available for rent.

    385 Clinton Ave, Wyckoff, NJ 07481
    View details
    Wyckoff Medical/Professional Office Space
    Contact for pricing

    Wyckoff Medical/Professional Office Space

    First-floor office space in Wyckoff's business triangle.

    385 Clinton Ave, Wyckoff, NJ 07481
    View details
    Maplewood Retail/Office/Medical Space Available
    Contact for pricing

    Maplewood Retail/Office/Medical Space Available

    Turn-key space in Maplewood's business district, ideal for various uses.

    1844 Springfield Ave, Maplewood, NJ 07040
    View details
    Renovated Mixed-Use Commercial Space
    Contact for pricing

    Renovated Mixed-Use Commercial Space

    Updated office/retail space with parking in high-traffic area.

    354 S Main St, Wharton, NJ 07885
    View details
    Wyckoff Shopping Center Office Suite
    Contact for pricing

    Wyckoff Shopping Center Office Suite

    Second-floor office suite in a bustling shopping center.

    637 Wyckoff Ave, Wyckoff, NJ 07481
    View details
    Bright Elmwood Park Residence
    $2,800 / Mo

    Bright Elmwood Park Residence

    Charming 3BR/1BA near transit, parks, shops, and dining.

    204 Philip Ave, Elmwood Park, NJ 07407
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Keller Williams Realty Village Square
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty Village Square
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!