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    795 Glen Ave, Unit Ridgewood Ridgewood, NJ 07450

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    For Sale
    $2,950,000

    Large buildable tract in Ridgewood with subdivision potential.

    Property Features for 795 Glen Ave

    General Information

    Standard status
    Active

    Source: VP REALTY GROUP Agent GREGORY PANAYOTI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ridgewood Buildable Tract Opportunity

    This property presents an opportunity to acquire a large buildable tract in Ridgewood, comprising two residential lots situated around the corner of E. Glen Ave and E. Saddle River Road. The lot at 795 E. Glen Ave spans 2.33 acres and includes an occupied two-family historic home near the street, which must remain. The second lot, located at 425 E Saddle River Road, covers 0.47 acres and features an existing residential home that can be removed. The total combined acreage of both lots is 2.8 acres. The property offers the possibility of constructing one large home with access to both streets or developing a multiple-home subdivision, subject to the approval of the village of Ridgewood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0885206
    Latitude
    40.9840618

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    FAQs

    What type of property is this?
    Residential land & home lot - Large buildable tract in Ridgewood with subdivision potential.
    Where is this residential land & home lot located?
    The property is located at 795 Glen Ave, Unit Ridgewood Ridgewood, NJ.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Large buildable tract totaling 2.8 acres in Ridgewood.; - Opportunity for a multiple home subdivision (subject to approvals).; - Potential for one large home with access to two streets.
    (201) 438-2390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    795 Glen Ave, Unit Ridgewood Ridgewood, NJ 07450
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