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    176 Chestnut St Ridgewood, NJ 07450

    For Sale
    Contact for pricing

    Vacant Auto Body Shop, Redevelopment Potential

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This 4,000 square foot vacant auto body shop is located at 176 Chestnut Street in Ridgewood, New Jersey, 07450. The property features seven drive-in bays and 250 square feet of office space. It's situated in a commercial district, offering flexibility for continued use as an auto body shop or redevelopment into other retail uses. The property is conveniently located approximately 50 yards from Ridgewood's downtown area and train station, and adjacent to a new residential development. The existing auto body shop license is transferable to a new owner. The property's total size is approximately 4,000 square feet, and the annual property tax is $25,405. While the information provided is believed to be reliable, potential buyers are advised to conduct their own due diligence. All square footage measurements are approximate. This presents a unique opportunity for owner-occupancy or investment in a high-demand location. The property is currently vacant and ready for immediate occupancy or redevelopment. The zoning allows for a wide range of retail uses, making it an attractive option for various business ventures. The proximity to downtown Ridgewood and the train station ensures high visibility and accessibility.

    Property Features for 176 Chestnut St

    General Information

    Property type
    Automotive properties
    Square Feet
    4,000 SF

    HighLights

    • Owner‑occupied building.
    • Located in a "C" zoning district.
    • 0.458 acres of land.
    • 4,000 square foot building.
    • Annual property taxes of $25,405.
    • Established auto body shop with seven drive‑in bays.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Becker Body & Fender ... Auto Body Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -74.117896
    Latitude
    40.984948

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    FAQs

    What type of property is this?
    Automotive property - Vacant Auto Body Shop, Redevelopment Potential
    Where is this automotive property located?
    The property is located at 176 Chestnut St Ridgewood, NJ.
    What are key features of this property?
    This property features: Owner-occupied building.; Located in a "C" zoning district.; 0.458 acres of land.
    (201) 937-9730
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    176 Chestnut St Ridgewood, NJ 07450
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    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
    176 Chestnut St Ridgewood, NJ 07450
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