Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Mart Mall Title is generated by Realmo AI

    1 Remsen, Ridgefield, NJ 07657

    View on Map
    Claim this Listing
    For Lease
    $2,800 /Mo

    Retail unit in busy mall, suitable for diverse businesses.

    Added:
    Jul 26, 2025
    Days on Market:
    315
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 1 Remsen

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    MIKYUNG AHN

    Listing agent MIKYUNG AHN

    Listing office ALPINE MC REALTY LLC

    Listing date Jul 26, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ALPINE MC REALTY LLC

    HighLights

    • Located in the busy Mart Mall
    • Ample parking spaces
    • Suitable for restaurants
    • Suitable for gyms
    • Suitable for dance halls
    • Suitable for church offices

    Overview

    The unit is located in the busy Mart Mall and offers ample parking spaces. It is suitable for a variety of businesses including restaurants, gyms, dance halls, church offices, nail salons, and facial shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0109574
    Latitude
    40.8326827

    Nearby Similar for Lease

    • $6,500/Mo
      2,100 SF

      Prime Corner Retail Opportunity

      High-visibility retail space with basement and parking on Broad Avenue.
      824 Broad, Ridgefield, NJ 07657
      View Details
    • $6,500/Mo
      1,274 SF

      New Retail/Office Space Available

      Brand-new commercial space in Ridgefield, ready for May occupancy.
      850 Broad #3, Ridgefield, NJ 07657
      View Details
    • $5,500/Mo
      1,065 SF

      New Retail/Office Space Available

      Brand-new commercial space in Ridgefield, ready for May occupancy.
      850 Broad #1, Ridgefield, NJ 07657
      View Details
    • $6,000/Mo
      1,249 SF

      New Retail/Office Space Available

      Brand-new commercial space in Ridgefield, suitable for various uses.
      850 Broad #2, Ridgefield, NJ 07657
      View Details
    • $8,500/Mo
      4,464 SF

      Creative Space in Ridgefield, NJ

      Trophy building space suitable for various businesses near NYC.
      610 Broad #2nd floor, Ridgefield, NJ 07657
      View Details
    • $7,290/Mo
      3,500 SF

      Renovated Office Space in Ridgefield

      3,500 SF professional office space for lease in Ridgefield.
      784 Grand, Ridgefield, NJ 07657
      View Details
    • Contact for pricing
      11,500 SF

      Industrial Unit with Office Space

      Flexible industrial unit with office space and ample parking.
      734 Grand Ave, Ridgefield, NJ 07657
      View Details
    • Contact for pricing
      70,785 SF

      Industrial Unit with Office Space

      Flexible industrial unit with office space in Ridgefield, NJ.
      734 Grand Ave, Ridgefield, NJ 07657
      View Details
    • $6,500/Mo

      Creative Space in Ridgefield, NJ

      Trophy building with creative space for lease near NYC.
      610 Broad #1st floor, Ridgefield, NJ 07657
      View Details
    • Contact for pricing
      70,875 SF

      Industrial Unit with Office Space

      Industrial unit with office space available for rent in Ridgefield.
      734 Grand Ave, Ridgefield, NJ 07657
      View Details
    • $1,000/Mo

      Retail Space in Supermarket

      Retail space suitable for coffee shop or other business.
      1 Remsen, Ridgefield, NJ 07657
      View Details
    • $1,200/Mo

      Commercial Unit For Lease

      Ground-level commercial unit suitable for office, warehouse, retail, or professional use.
      603 Broad #B2, Ridgefield, NJ 07657
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail unit in busy mall, suitable for diverse businesses.
    Where is this retail space located?
    The property is located at 1 Remsen Ridgefield, NJ.
    What is the lease rate?
    The lease rate is $2,800 /Mo.
    What are key features of this property?
    This property features: Located in the busy Mart Mall; Ample parking spaces; Suitable for restaurants
    We can help!
    Listing Contact
    MIKYUNG AHN
    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

    Thank You for Inquiry
    1 Remsen, Ridgefield, NJ 07657
    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!