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    63 Ridgewood Ave Ridgewood, NJ 07450

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    For Sale
    $1,250,000

    Retail space with apartment near park and transportation.

    Property Features for 63 Ridgewood Ave

    General Information

    Standard status
    Active

    Source: GILSENAN & CO. Agent WILLIAM GILSENAN JR

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

    Overview

    Prime Retail and Residential Building

    This property presents a rare opportunity to own a building in the heart of the Village, situated one block from Van Neste Memorial Park, the location for major Village events, and one block from the NY Bus Station. The first floor features a prime retail location, currently occupied by a high-end retailer. The retail space includes a well-finished basement suitable for storage and an office. A rear entrance provides access to the largest municipal parking lot in the central business district. The second floor contains a spacious one-bedroom apartment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DUXIANA Ridgewood Mattress Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1183884
    Latitude
    40.9796635

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    FAQs

    What type of property is this?
    Retail space - Retail space with apartment near park and transportation.
    Where is this retail space located?
    The property is located at 63 Ridgewood Ave Ridgewood, NJ.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime retail location in the Heart of the Village.; - Located one block from Van Neste Memorial Park and the NY Bus Station.; - First floor currently occupied by a high-end retailer (Duxiana).
    Request Owner's contact information
    63 Ridgewood Ave Ridgewood, NJ 07450
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    Ridgewood, NJ 07450
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    Realmo Value Estimation

    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.

    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.

    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
    63 Ridgewood Ave Ridgewood, NJ 07450
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