Financial
Distress signals
Property profile

118 Prospect St Ridgewood, NJ 07450

OFF-MARKET
Commercial real estate
Property ID
US59-1290909
3,077 SF 0.28 ac lot Built 1920
Last sale Oct 2023 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$750k
Assessed land$428k
Assessed improvement$323k
Effective rate2.80%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.30M
AI approach$1.19M
Submarket $/SF estimate$759k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418
Qualifying comparables28

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
P
P Professional and Office District P-2 Professional and Office District H Hospital District OB-1 Office Building District OB-2 Office Bui...
General categoryMIXED_USE
JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.1
Locksmith9.3
Auto Parts Store9.2

Location

118 Prospect St Ridgewood, NJ 07450-4473
County assessor Recorded deeds · 1 transfer 28 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 Dayton, Ridgewood, NJ 07450-4409 $795,000 Dec 2024 1,756 SF
112 Prospect, Ridgewood, NJ 07450-4489 $1,875,000 May 2024 3,676 SF
584 State Rt 17, Ridgewood, NJ 07450-2000 $1,460,144 Mar 2024 5,112 SF
24 Maple, Ridgewood, NJ 07450-4581 $675,000 Dec 2023 2,128 SF
139 Prospect, Ridgewood, NJ 07450-4405 $1,450,000 Dec 2022 3,306 SF
71 Maple, Ridgewood, NJ 07450-4509 $860,000 Jun 2022 2,281 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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