Ridgewood Professional Office Building For
179 S Maple Ave Ridgewood, NJ 07450
179 S Maple Ave, Ridgewood, NJ, 07450
$1,999,999
For Sale
$1,999,999
Multi-tenant office building in desirable Ridgewood market.
Property Size5,775 SF
Price / SF$346.32
Days on Market100
Property Features for 179 S Maple Ave
General Information
- Standard status
- Active
- Size
- 5,775 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing agency
KELLER WILLIAMS - NJ METRO GROUP
(973) 783-7400
Listed by
CHERYL DARMANIN · License #111786,NEWJERSEY
Source
Corcoran
Added: Apr 14 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 5:16AM
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 KELLER WILLIAMS - NJ METRO GROUP
Investment Insights
Based on property information with market context.
This multi-tenant professional office building, totaling approximately 5,775 square feet, is located in Ridgewood. The property presents an opportunity for investors or owner-users, featuring a mix of leased and available suites. The building is well-maintained and equipped with modern mechanical systems and separate utilities. The layouts are flexible and suitable for medical, dental, or professional use. The main level includes an approximately 1,525 square foot former dental suite with four offices and three bathrooms, plus an approximately 400 square foot suite leased beginning November 2025. The second floor contains two approximately 962.5 square foot suites, one leased and one vacant. The lower level features two professional suites with private offices, conference areas, kitchenettes, and separate entrances. The seller is willing to vacate approximately 1,525 square feet for an owner-user. The property includes 13 striped parking spaces plus 6 tandem positions, accommodating up to 19 vehicles. The location is near downtown Ridgewood, major highways, and public transportation.
Key Highlights
- Prime Ridgewood location near downtown, highways, and public transportation.
- ±5,775 SF multi‑tenant building suitable for investors or owner‑users.
- Seller willing to vacate ±1,525 SF suite for owner‑user.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $173.3k | $30.00 |
| − Vacancy | −$55.4k | −$9.60 |
| EGI | $117.8k | $20.40 |
| − OpEx | −$29.5k | −$5.10 |
| NOI | $88.4k | $15.30 |
5,775 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,358 @ 7.0% cap · market cap 4.42%
Second Best
Healthcare Medical
$1.23M
$1.07M – $1.43M
NOI $85,987 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,558 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Neumann Maureen P ...
Physician
Robert Piersanti, LCSW
Psychotherapist
Levine Allwyn J ...
Physician
Rosemarie L. Helmbrecht, ...
Foster Care Service
Lori Kislevitz Chiropractor ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Office building - Multi-tenant office building in desirable Ridgewood market.
Where is this office building located?
The property is located at 179 S Maple Ave Ridgewood, NJ.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Prime Ridgewood location near downtown, highways, and public transportation.; ±5,775 SF multi‑tenant building suitable for investors or owner‑users.; Seller willing to vacate ±1,525 SF suite for owner‑user.
