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Medical Office Building with Elevator
For Sale
Contact for pricing
Pending

579 E Franklin Turnpike, Ridgewood, NJ 07450

Four medical suites and a flexible lower level accommodate healthcare, office, therapy, or fitness uses.

Property SizeContact for details
Days on Market143

Property Features for 579 E Franklin Turnpike

General Information

Standard status Pending
Total Parking Spaces 74
Elevators Yes
Property subtype Office
Zoning OB-2

Additional Details

Office Units 4

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Cushman & Wakefield - East Rutherford, New Jersey
Listed By: Marc Graham · License #NJ
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:56PM

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 Cushman & Wakefield - East Rutherford, New Jersey

Investment Insights

Based on property information with market context.

This medical office property includes four existing suites across an elevator-served building, with a lower level that can support office, physical therapy, gym, or related uses. The lower level contains 5,314 SF, while the first and second floors each provide 5,624 SF. The building is subject to OB-2 zoning and includes 74 parking spaces.

The property is located near hospitals and Route 17 in Ridgewood, New Jersey. It is currently occupied and is expected to be vacated later in 2024, offering a defined transition point for future occupancy or reconfiguration.

Key Highlights

  • Four existing medical suites in an elevator building
  • Lower level measures 5,314 SF and is suitable for office, PT, gym, or related uses
  • First floor contains 5,624 SF

Property Analytics

Current Use

Ting-Wen A. Lee, MD Pediatrician Jeffrey Paul Barasch, ... Physician Dr. Marc Bessler, ... Physician Linda Law, MD Physician Valley Medical Group ... Medical Clinic

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Real Estate Agency

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

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Four medical suites and a flexible lower level accommodate healthcare, office, therapy, or fitness uses.
Where is this medical office space located?
The property is located at 579 E Franklin Turnpike Ridgewood, NJ.
What are key features of this property?
This property features: Four existing medical suites in an elevator building; Lower level measures 5,314 SF and is suitable for office, PT, gym, or related uses; First floor contains 5,624 SF
More about this property
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