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Property profile & analytics

53-55 Ridgewood Ave Ridgewood, NJ 07450

  • Commercial real estate
  • 0.08 lot acres
Value Estimation
Location Intelligence
Property ID
US59-1328591
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 53-55 Ridgewood Ave

Year built
1905
Construction
BRICK
Lot size
0.08 lot acres
Zone code
B1
Property type
Commercial real estate
APN
51 03805-0000-00013
APU
5103805000000013

Description

This exceptional commercial property, located at 53-55 E Ridgewood Avenue in the vibrant town of Ridgewood, New Jersey, presents a unique investment opportunity. Priced at $3,500,000, this property offers significant potential for a variety of commercial uses. The building's precise square footage is currently unavailable, however, its prominent location on East Ridgewood Avenue ensures high visibility and accessibility for customers. The property sits on a lot with no acreage listed. The property type is classified as "Other," suggesting flexibility in its potential use and redevelopment possibilities. Given its prime location in Ridgewood, a thriving community known for its strong local economy and affluent demographic, this property is ideally suited for businesses seeking a high-traffic location with excellent visibility. The address itself is highly desirable, offering easy access to major transportation routes and a wealth of amenities. Further due diligence is recommended to fully assess the property's potential and suitability for specific business plans. Interested parties are encouraged to conduct thorough inspections and research to determine the property's precise specifications and to explore the full range of development opportunities available. This is a rare chance to acquire a significant commercial property in a highly sought-after location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Ridgewood
County
Bergen
State
New Jersey
Longitude
-74.1186
Latitude
40.9798
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$42,523
$396,000
$1,159,900
$1,555,900
-
$396,000
$1,159,900
$1,555,900
More about this property
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