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    848 Ridgewood Ave Ridgewood, NJ 07450

    For Sale
    $299,900

    Thriving sushi restaurant with 25-year history, ready for new owner.

    Property Features for 848 Ridgewood Ave

    General Information

    Standard status
    Active

    Source: RE/MAX NOW - PALISADES PARK Agent YOUN KYENG SONG

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

    Overview

    Established Japanese Sushi Restaurant Opportunity

    This is an opportunity to acquire a Japanese sushi restaurant that has been in operation for 25 years. The restaurant is located in a high-traffic area and has established community roots, generating consistent revenue and a loyal customer base. The property includes a 1,500-square-foot dining area and an additional 1,500-square-foot basement, providing ample space for operations and storage. The current owner is retiring and is seeking a buyer with sushi-making experience to continue the business. This is a turnkey operation with stable income and potential for growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C&B LLC - Clear ... Janitorial Service Wasabi Japanese Restaurant

    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
    -74.0999101
    Latitude
    40.974999

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    FAQs

    What type of property is this?
    Conventional restaurant - Thriving sushi restaurant with 25-year history, ready for new owner.
    Where is this conventional restaurant located?
    The property is located at 848 Ridgewood Ave Ridgewood, NJ.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Established sushi restaurant with a 25-year history of success.; - Located in a high-traffic area with a loyal customer base.; - Turnkey operation with stable income and growth potential.
    Request Owner's contact information
    848 Ridgewood Ave Ridgewood, NJ 07450
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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
    848 Ridgewood Ave Ridgewood, NJ 07450
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