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    Property profile & analytics

    140 Ridgewood Ave Paramus, NJ 07652

    • Commercial real estate
    • 192,486 SF
    • 11.82 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Last Sale
    Apr 07, 2020
    $33,950,000
    Location Intelligence
    Property ID
    US59-2171445
    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

    • Premier Events / Event Planner
    • Marc S Berman Attorney / Personal Injury Attorney / Attorney
    • Corridor Platforms / Software Company
    • James M Miner Law Office / Attorney / Title Company
    • Law Offices of Raffi T. Khorozian, P.C. / Personal Injury Attorney / Attorney

    Property Details for 140 Ridgewood Ave

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    11.82 lot acres
    Property size
    192,486 SF
    Property type
    Commercial real estate
    APN
    46 06301-0000-00004
    APU
    4606301000000004

    Description

    This Class A office building, the Mack Cali Center, offers a variety of flexible workspace solutions in the vibrant Paramus, New Jersey market. Located at 140 E Ridgewood Avenue, 07652, this seven-story, mirrored-glass building boasts 21,008 square feet of total space, with 5,520 square feet currently vacant. The property features 350 suites, ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. Multiple tenancy options are available, making it ideal for both large corporations and smaller enterprises. The building underwent renovations in 2019 and includes modern amenities such as elevators and a welcoming seven-story atrium. Enjoy the benefits of abundant natural light and an on-site coffee bar, perfect for fostering collaboration and client meetings. A convenient outdoor terrace provides additional space for relaxation and informal gatherings. Situated in a prime location within a bustling retail center, the Mack Cali Center offers unparalleled convenience with easy access to a wide array of restaurants, shops, and entertainment options, enhancing the overall work-life balance for tenants. The building is located in Bergen County, New Jersey, providing excellent accessibility and visibility. This is an exceptional opportunity to establish your business in a prestigious and 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
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.069
    Latitude
    40.9644
    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
    $563,066
    $23,620,000
    $13,598,200
    $37,218,200
    -
    $23,620,000
    $13,598,200
    $37,218,200

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    140 Ridgewood Ave
    Paramus, NJ 07652
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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
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