Financial
Distress signals
Property profile

584 State Rt 17 Ridgewood, NJ 07450

OFF-MARKET
Other commercial real estate
Property ID
US59-1786614
5,112 SF 0.61 ac lot Built 1987
Last sale Mar 2024 · $1,460,144
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a first-floor office space totaling approximately 2,500 square feet, laid out with three office suites, a bullpen area, and two bathrooms. It includes off-street parking for up to 10 cars and has approximately 380 feet of frontage along Route 17. The property is zoned for both daycare and medical use, supporting a range of related business operations.

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 · 2022

What does the county charge?
$34k
Tax billed · 2022
Assessed value · 2023$1.25M
Assessed land$681k
Assessed improvement$567k
Effective rate2.73%

Value estimate

· Sep 2026
$1.46M
$1.31M – $1.61M
AI approach$1.46M
CAP approach$1.10M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 15 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 comparables15

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?
R125
JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.7
Restaurant15.9
Auto Parts Store14.6

Location

584 State Rt 17 Ridgewood, NJ 07450-2000
County assessor Recorded deeds · 2 transfers 15 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
216-218 Ridgewood, Ridgewood, NJ 07450-3861 $2,125,000 Jun 2024 8,580 SF
112 Prospect, Ridgewood, NJ 07450-4489 $1,875,000 May 2024 3,676 SF
24 Maple, Ridgewood, NJ 07450-4581 $675,000 Dec 2023 2,128 SF
118 Prospect, Ridgewood, NJ 07450-4473 $1,100,000 Oct 2023 3,077 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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