Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    465 Franklin Turnpike Ridgewood, NJ 07450

    View on Map
    New
    For Sale
    $850,000

    1 Story, Ranch - Ridgewood, NJ

    Type:Ranch
    Added:
    Apr 2, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 3 at 8:06 am

    Property Features for 465 Franklin Turnpike

    General Information

    Property type
    Residential
    Property subtype
    Ranch
    Bedrooms
    3
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
    Standard status
    Active

    Utilities

    Heating system
    Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Dianna Ivanov

    Listing agent Dianna Ivanov

    Listing office Keller Williams Village Square Realty 257 E. Ridgewood Ave, Ridgewood, NJ

    Listing date Apr 2, 2026

    MLS# 26009755 Listing URL

    Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ridgewood Cottage with Pool

    This updated cottage in Ridgewood features three bedrooms and one bathroom. The home includes dark engineered hardwood floors and a bright interior. Renovated in 2011, the kitchen is equipped with custom light cherry cabinetry, slate flooring, and stainless steel appliances. The bathroom was updated in 2010 with a Pottery Barn vanity. Comfort is ensured year-round with multi-zone heating and cooling, central air, and a Nest thermostat. The property is set on a landscaped lot with a sprinkler system. The outdoor area includes an expansive yard, a pond with a waterfall, and a 20x40 gunite saltwater in-ground pool. A screened-in back porch with slate flooring, re-screened in 2020, provides a space for relaxation and entertainment. Additional features include a detached garage with updates and cement board (Hardie) siding. Major improvements have been made to the roof and HVAC systems.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0992917
    Latitude
    40.9914088

    Nearby Similar for Sale

    • $840,000

      Ridgewood Multi-Family Investment Opportunity

      Charming multi-family home with strong rental potential in Ridgewood.
      374 Broad Street, Ridgewood, NJ 07450
      View Details
    • $675,000

      Renovated Home in Ridgewood, NJ

      Private, renovated 2-bedroom home in desirable Ridgewood, NJ.
      221 Lakeview Drive, Ridgewood, NJ 07450
      View Details
    • $3,000,000

      Downtown Ridgewood Investment Opportunity

      Well-maintained commercial building in downtown Ridgewood, ideal for retail/office.
      53-55 Ridgewood, Ridgewood, NJ 07450
      View Details
    • $2,500,000
      6,000 SF

      Ridgewood Office Building For Sale

      Three-story office building with elevator and ample parking.
      74 Oak St, Ridgewood, NJ
      View Details
    • $2,142,000

      Mavis Discount Tire Property

      Commercial property currently occupied by Mavis Discount Tire.
      260 Franklin Ave, Ridgewood, NJ
      View Details
    • $2,500,000

      Established Ramen Restaurant For Sale

      Successful ramen restaurant with building for sale in Ridgewood.
      40 Chestnut, Ridgewood, NJ 07450
      View Details
    • Contact for pricing
      318 SF

      Corner Office with Natural Light

      Well-appointed corner office featuring abundant natural light and new flooring.
      555 Goffle Road, #204, Ridgewood, NJ 07450
      View Details
    • $1,250,000
      2,600 SF

      Retail Space in Central Business District

      Two-story retail building in the heart of the village.
      63 E Ridgewood Ave, Ridgewood Village, NJ 07450
      View Details
    • $299,900

      Established Japanese Sushi Restaurant Opportunity

      Thriving sushi restaurant with 25-year history, ready for new owner.
      848 Ridgewood, Ridgewood, NJ 07450
      View Details
    • $230,000

      High-Visibility Dessert Smoothie Shop

      Dessert smoothie shop in a high-traffic area with strong sales.
      80 Ridgewood, Ridgewood, NJ 07450
      View Details
    • $1,250,000

      Prime Retail and Residential Building

      Retail space with apartment near park and transportation.
      63 Ridgewood, Ridgewood, NJ 07450
      View Details
    • $200,000

      Restaurant Opportunity with Fixtures Included

      Well-established restaurant with fixtures and equipment included in sale.
      88 Godwin, Ridgewood, NJ 07450
      View Details

    FAQs

    What type of property is this?
    Single family property - Charming 3-bedroom home with pool and updated features.
    Where is this single family property located?
    The property is located at 465 Franklin Turnpike Ridgewood, NJ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Expansive yard featuring a **20x40 gunite saltwater in‑ground pool and pond with waterfall**.; **Screened‑in back porch with slate flooring**, perfect for relaxing and entertaining.; Renovated kitchen (2011) with custom light cherry cabinetry, slate flooring, and stainless steel appliances.
    (201) 895-1768
    We can help!
    Listing Contact
    Dianna Ivanov
    Learn More
    Request Owner's contact information
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!