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    87 Madison Ave Park Ridge, NJ 07656

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    For Lease
    Contact for pricing

    Ground floor retail space in new 240-unit apartment complex.

    Property size:
    2,354 SF
    Lot size:
    3.29 Acres

    Property Features for 87 Madison Ave

    General Information

    Size
    2,354 SF
    Lot size
    3.29 Acres

    Source: The Shopping Center Group | Paramus Agent Jamie Sackeim

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

    Overview

    Retail Space in Luxury Complex

    This property features 16,184 square feet of ground floor retail space. It is part of a new luxury apartment complex consisting of 240 units. The property includes 75 dedicated retail parking spaces, with a total of 432 spaces available. A plaza area is designed to accommodate outdoor seating.
    Location Intelligence

    Current Use by Public Records

    The James Apartment Rental Agency Checkpoint Home Inspection ... Home Inspector Borough of Park Ridge ... Parking Lot One Chimney Sweep ... Cleaners

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Park Ridge
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0347488
    Latitude
    41.0336065

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    FAQs

    What type of property is this?
    Retail space - Ground floor retail space in new 240-unit apartment complex.
    Where is this retail space located?
    The property is located at 87 Madison Ave Park Ridge, NJ.
    What are key features of this property?
    This property features: - 16,184 SF of ground floor retail space; - New luxury 240 unit apartment complex; - 75 dedicated retail parking spaces
    (917) 952-2519
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    87 Madison Ave Park Ridge, NJ 07656
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    Park Ridge, NJ 07656
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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
    87 Madison Ave Park Ridge, NJ 07656
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