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Downtown Ridgewood Investment Opportunity
For Sale
$3,000,000

53-55 Ridgewood, Ridgewood, NJ 07450

Well-maintained commercial building in downtown Ridgewood, ideal for retail/office.

Property SizeContact for details
Days on Market219

Property Features for 53-55 Ridgewood

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $44,638

Amenities

Central Air Heating
Gas Heating
Listing Agency: REALTY INTERNATIONAL INC.
Listed By: JACQUELINE KAO
Source: Corcoran
Added: Jan 14 Changed: Aug 21 Last Checked: Aug 21 at 7:10AM

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 REALTY INTERNATIONAL INC.

Investment Insights

Based on property information with market context.

Located in downtown Ridgewood, this commercial building offers an investment opportunity with high visibility and consistent foot traffic. The property is situated one block from NJ Transit buses and the train station, providing accessibility for tenants and customers. The building is 100% tenant-occupied, generating immediate rental income. The location is surrounded by shops, restaurants, and amenities. The first floor features two retail spaces with access to a large basement for storage. The second floor contains 15 office suites, along with two separate restrooms. The property is suitable for retail and office use.

Key Highlights

  • Prime downtown Ridgewood location with high visibility and foot traffic.
  • 100% tenant‑occupied, providing immediate rental income.
  • Excellent accessibility: one block from NJ Transit buses and train station.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Catering Service Parking Lot & Garage Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

2,809
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Well-maintained commercial building in downtown Ridgewood, ideal for retail/office.
Where is this mixed-use property located?
The property is located at 53-55 Ridgewood Ridgewood, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime downtown Ridgewood location with high visibility and foot traffic.; 100% tenant‑occupied, providing immediate rental income.; Excellent accessibility: one block from NJ Transit buses and train station.
More about this property
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