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East Hanover Retail Space Available
For Lease
$1,900/Mo

464 Ridgedale Ave, East Hanover, NJ 07936

Ground floor retail space with ample parking and natural light.

Space SizeContact for details
Lot Size1.02 Acres
Days on Market591

Property Features for 464 Ridgedale Ave

General Information

Standard status Active
Lot size 1.02 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $44,412

Amenities

Central air
1 Unit Cooling
1 Unit Heating
Baseboard - Electric Heating
Central Air Cooling
Level Lot
Parking Lot-Exclusive

Building Details

Year Built 1990
Listing Agency: SERHANT NEW JERSEY LLC
Listed By: RYAN PALIANTO
Source: Corcoran
Added: Jan 3, 2025 Changed: Aug 13 Last Checked: Aug 16 at 5:43AM

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 SERHANT NEW JERSEY LLC

Investment Insights

Based on property information with market context.

This ground floor retail space is located in East Hanover. Situated in the back of the building, the space benefits from ample parking and natural light. The location experiences a high volume of local foot traffic, enhanced by its proximity to a well-established local restaurant. The layout includes a waiting area, two private offices, one private bathroom, and two storage areas. A very spacious area is also included, suitable for various purposes such as Yoga or Pilates. Zoned B-1, the property accommodates a wide range of business types.

Key Highlights

  • High foot traffic location next to a popular restaurant.
  • Versatile space suitable for various businesses due to B‑1 zoning.
  • Spacious area ideal for Yoga or Pilates.

Property Analytics

Current Use

Decoded: A Multi-Sensory Learning ... Training Center

Suggested Use

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

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

399
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Dunkin' Donuts Dining
4,605 visits/mo 0.3 miles
7-Eleven Shops & Services
4,098 visits/mo 0.3 miles
Chase Bank Shops & Services
3,448 visits/mo 0.5 miles
Minuteman Press Shops & Services
1,815 visits/mo 0.4 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail space with ample parking and natural light.
Where is this retail space located?
The property is located at 464 Ridgedale Ave East Hanover, NJ.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: High foot traffic location next to a popular restaurant.; Versatile space suitable for various businesses due to B‑1 zoning.; Spacious area ideal for Yoga or Pilates.
More about this property
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