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Three-Story Office Building
For Lease
$3,750,000

40 Ridgewood Avenue, Ridgewood, NJ 07450

Flexible office layouts and on-site parking support a range of professional occupants.

Space SizeContact for details
Days on Market171

Property Features for 40 Ridgewood Avenue

General Information

Standard status Active
Property subtype Office

Taxes and HOA fees

Annual Taxes $53,647
Listing Agency: The Agency One Rock-HoHoKus-Ridgewood East
Listed By: Vyacheslav Zborovsky
Source: Taylorlucykgroup
Added: May 15 Changed: Oct 31 Last Checked: Oct 31 at 2:14PM

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 The Agency One Rock-HoHoKus-Ridgewood East

Rey
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Investment Insights

Based on property information with market context.

This Class B office building contains approximately 9,000 square feet across three stories, with floor plates of about 3,000 square feet. Interior features include flexible office layouts and abundant natural light. Constructed in the early 1900s, the property has undergone renovations over the years and accommodates multiple tenants.

The building is in downtown Ridgewood, one block from the NJ Transit train station. Restaurants, retail businesses, and professional services surround the property. On-site parking includes 23 spaces, a notable practical feature for a downtown office address.

Key Highlights

  • Approximately 9,000 SF across three stories
  • Floor plates of approximately 3,000 SF
  • 23 on‑site parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Melissa Rubenstein Realtor Real Estate Agency Jennifer Apps realtor Real Estate Agency Amy Bourque, Christie's ... Real Estate Agency Ridgewood Arts Foundation Association / Organization Ferne Lambert Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store Catering Service Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,802
Businesses Nearby

Demographics for 07450, NJ

26,007
Population
9,166
Households
2.8
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
5.8 sq mi
ZIP Area
4,484
Density / Sq Mi
$217,250
Median Household Income
$102,692
Median Earnings
$2,340
Median Rent
$882,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Flexible office layouts and on-site parking support a range of professional occupants.
Where is this office building located?
The property is located at 40 Ridgewood Avenue Ridgewood, NJ.
What is the lease rate?
The lease rate is $3,750,000.
What are key features of this property?
This property features: Approximately 9,000 SF across three stories; Floor plates of approximately 3,000 SF; 23 on‑site parking spaces
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