45-55 Ridge Rd North Arlington, NJ 07031
- Retail properties
- 41,544 SF
Current Use by Public Records
- Retail properties
Property Details for 45-55 Ridge Rd
- Property size
- 41,544 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional two-story retail storefront, totaling 41,544 square feet, presents a rare investment opportunity in North Arlington, New Jersey. Situated on a high-traffic section of Ridge Road, this property enjoys excellent visibility and accessibility, serving as a key connector between Route 3 and I-280. The building is currently vacant, offering flexibility for owner-occupancy or repositioning by an investor. Located within the RRRA (Ridge Road Redevelopment Area) zoning district, the property sits on a 16,553 square foot lot and benefits from its proximity to national and local retailers, as well as several new residential developments. This prime location ensures high pedestrian and vehicular traffic, making it an ideal space for a variety of retail uses. The building's size and prominent location make it a truly unique offering in a market with limited comparable properties. The property's current vacant status provides a blank canvas for a new owner to create a thriving retail destination. This is a chance to acquire a significant retail asset in a rapidly developing area of North Arlington. The property's history as the iconic Melray's Furniture Store further enhances its appeal and recognition within the community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Arlington
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.1372
- Latitude
- 40.7834
