Property profile

102 Maple Ave Ridgewood, NJ 07450

OFF-MARKET
Commercial real estate
Property ID
US59-0795027
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Property summary

AI-generated overview

This exceptional property, located at 102 S Maple Avenue in the charming village of Ridgewood, New Jersey, presents a unique investment opportunity. Priced at $500,000, the property is classified as "Other," indicating a versatile use potential. The exact square footage is not currently specified, however, the property sits on a lot with zero acres. This suggests a potential for a variety of uses, from residential redevelopment to commercial ventures, depending on zoning regulations and permitted uses. The address itself, situated on South Maple Avenue, hints at a location within a well-established and potentially desirable neighborhood. Further investigation into zoning and permitted uses is strongly recommended for prospective buyers to fully assess the development potential. Given the price point and the lack of specified square footage, this property offers a compelling opportunity for those seeking a project with significant upside potential in a highly sought-after New Jersey location. Due diligence is advised to determine the precise nature of the property and its suitability for intended purposes. The absence of square footage information underscores the need for a thorough on-site inspection and review of all relevant documentation before making an offer. This property is being offered as-is.

Property profile

Verified
Property type Commercial real estate
UPID US59-0795027

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Hair Salon Nail Salon
  • Architecture Firm

Location

102 Maple Ave Ridgewood, NJ 07450
Ridgewood metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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