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Former Bank Building For Lease
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426 Ridgedale Ave, East Hanover, NJ 07936

Prime commercial space in high-traffic area, versatile layout.

Space SizeContact for details
Days on Market102

Property Features for 426 Ridgedale Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $79,320

Amenities

Central air
Asphalt Shingle Roof
1 Unit Cooling
1 Unit Heating
Central Air Cooling
Forced Hot Air Heating
Parking Lot-Shared

Building Details

Year Built 1988
Listing Agency: CENTURY 21 VENTURE REAL ESTATE
Listed By: TERESA DRAPCZUK
Source: Corcoran
Added: May 20 Changed: Aug 28 Last Checked: Aug 26 at 9:13AM

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 CENTURY 21 VENTURE REAL ESTATE

Investment Insights

Based on property information with market context.

This former bank building is available for lease, offering 4,640 square feet of commercial space. The property includes 2,320 square feet on the main floor and a full 2,320 square foot basement. Situated on a high-traffic, highly visible road, the property benefits from excellent exposure and easy access. The main floor features a spacious, open layout with large windows, providing natural light and opportunities for custom tenant improvements. The building retains many of its original features, including a secure vault and teller stations, which can be repurposed or removed. The open floor plan allows for flexible use, whether for retail or a service-based business. The full basement offers additional square footage for storage, a kitchen area, and two restrooms. Located in a busy commercial corridor, this property benefits from a steady flow of pedestrian and vehicular traffic, ensuring high visibility. Ample parking is available in front and nearby, providing convenience for customers and staff. It is located in East Hanover Twp., NJ.

Key Highlights

  • High‑traffic location with excellent visibility.
  • Large, versatile space: 4,640 total sq ft (2,320 sq ft main floor + 2,320 sq ft basement).
  • Flexible, open floor plan suitable for various business types.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Acupuncture

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

392
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Dunkin' Donuts Dining
4,605 visits/mo 0.1 miles
7-Eleven Shops & Services
4,098 visits/mo 0.1 miles
Chase Bank Shops & Services
3,448 visits/mo 0.2 miles
Minuteman Press Shops & Services
1,815 visits/mo 0.1 miles

Demographics for 07936, NJ

11,105
Population
4,162
Households
2.7
Avg Household Size
48
Median Age
55%
College-Educated
95%
High-School Grad
7.9 sq mi
ZIP Area
1,406
Density / Sq Mi
$144,792
Median Household Income
$73,048
Median Earnings
$2,745
Median Rent
$668,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Prime commercial space in high-traffic area, versatile layout.
Where is this bank located?
The property is located at 426 Ridgedale Ave East Hanover, NJ.
What are key features of this property?
This property features: High‑traffic location with excellent visibility.; Large, versatile space: **4,640 total sq ft** (2,320 sq ft main floor + 2,320 sq ft basement).; Flexible, open floor plan suitable for various business types.
More about this property
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