Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    520 Broad Ave Ridgefield, NJ 07657

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for rent with high traffic and visibility.

    Property size:
    2,020 SF
    Lot size:
    0.52 Acres

    Property Features for 520 Broad Ave

    General Information

    Size
    2,020 SF
    Lot size
    0.52 Acres

    We can help!

    Listing Contact
    Mike Horne
    Mike Horne
    Source: Moodyscre

    Listing Agent: Mike Horne

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

    Learn more

    Overview

    Retail Space with High Visibility

    This retail space offers a high-visibility location with traffic light-controlled access. The site benefits from strong traffic counts, exceeding 40,000 vehicles per day. The property is situated in an area with a high population density. The property size is 2,020 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Ridgefield
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0093617
    Latitude
    40.8339711

    Nearby Similar for Lease

    • 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
    • Contact for pricing
      70,875 SF

      Industrial Unit in Prime Location

      Industrial unit with office space, ample parking, and easy access.
      734 Grand Ave, Ridgefield, NJ 07657
      View Details
    • $16 SF/Yr

      High-Clearance Warehouse Space Available

      Divisible warehouse space with high ceilings and easy highway access.
      686 Grand Ave, Ridgefield, NJ 07657
      View Details
    • $7,290 /Mo

      Renovated Office Space in Ridgefield

      Spacious 3,500 SF office suite ideal for professional services.
      784 Grand Ave, Ridgefield, NJ 07657
      View Details
    • $4,200 /Mo

      Luxury Apartment in Ridgefield

      Modern 3-bedroom apartment with premium finishes and convenient commute.
      851 Pleasantview Ter, Ridgefield, NJ 07657
      View Details
    • $7,000 /Mo

      Ridgefield Trophy Building Rental Opportunity

      Creative arts building with potential for various uses in Ridgefield.
      610 Broad Ave, Ridgefield, NJ 07657
      View Details
    • Contact for pricing
      336,962 SF

      Ridgefield Warehouse and Distribution Space

      336,962 SF warehouse and distribution space available for lease.
      1000 Us-46, Ridgefield, NJ
      View Details
    • $14 SF/Yr
      14,000 SF

      Ridgefield NJ Warehouse Space

      14,000 SF Warehouse, Multiple Suites Available
      0 Broad Ave, Ridgefield, NJ 07657
      View Details
    • $3,300 /Mo

      Well-Maintained Two-Family House For Rent

      Two-family house with updated features and hardwood floors throughout.
      464 Oak St, Ridgefield, NJ 07657
      View Details
    • $1,000 /Mo

      Retail Space in Supermarket

      Retail space suitable for coffee shop or other business.
      1 Remsen Pl, Ridgefield, NJ 07657
      View Details
    • $2,800 /Mo

      Multi-Use Space Near Major Roads

      Versatile retail, office, warehouse space with parking near highways.
      800 Broad Ave, Ridgefield, NJ 07657
      View Details
    • Contact for pricing

      Industrial Space Available For Lease

      110,978 SF industrial space with 36' ceilings, available 10/1/2025.
      4 Bell Dr, Ridgefield, NJ 07657
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for rent with high traffic and visibility.
    Where is this retail space located?
    The property is located at 520 Broad Ave Ridgefield, NJ.
    What are key features of this property?
    This property features: - High visibility site; - Strong traffic counts over 40K VPD; - Traffic light controlled access
    (201) 777-2300
    Request Owner's contact information
    520 Broad Ave Ridgefield, NJ 07657
    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.
    520 Broad Ave
    Ridgefield, NJ 07657
    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
    520 Broad Ave Ridgefield, NJ 07657
    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

    We can help!
    Listing Contact
    Mike Horne
    Mike Horne
    (201) 777-2300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.