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    55 Challenger Rd Ridgefield Park, NJ 07660

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    For Lease
    $29 SF/Yr

    310,000-SF office building with covered parking and lakeside views.

    Property size:
    40,642 SF
    Lot size:
    7.23 Acres

    Property Features for 55 Challenger Rd

    General Information

    Size
    40,642 SF
    Lot size
    7.23 Acres

    Source: Cushman & Wakefield | Morristown Agent Raymond Trevisan

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

    Overview

    Six-Story Office Building For Rent

    This six-story, 310,000-square-foot glass and steel office building is available for rent. The building is situated on 11.9 acres within a 60-acre lakeside area. The location offers convenient access to shopping, restaurants, a movie theater, and banking facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Galanz Americas Limited ... Manufacturer BeiGene Biotechnology Company Seeger Weiss LLP Personal Injury Attorney Ridgefield. Nj Association / Organization KBIC (KB Insurance) Insurance Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0128542
    Latitude
    40.8459178

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    FAQs

    What type of property is this?
    Office building - 310,000-SF office building with covered parking and lakeside views.
    Where is this office building located?
    The property is located at 55 Challenger Rd Ridgefield Park, NJ.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Located within a 60-acre lakeside track.; - **310,000-sf glass and steel facility.**; - Six-story building.
    (973) 993-1200
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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
    55 Challenger Rd Ridgefield Park, NJ 07660
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