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Property profile & analytics
OFF-MARKET Estimated value $2,540,000
Commercial real estate

144 Ridgewood Ave Ridgewood, NJ 07450-3848

0.41 ac lot Built 1924
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-1935030
Property summary
AI-generated overview

This exceptional Ridgewood, New Jersey property at 144 E Ridgewood Ave offers a rare opportunity to lease executive office space in a prime location. The property consists of two buildings totaling 8,600 square feet, with a current vacancy of 7,600 square feet. Two suites are available, offering flexible space options ranging from a minimum of 2,600 square feet to a maximum contiguous space of 5,000 square feet. The property is classified as both retail and office, making it suitable for a variety of businesses. The "turn-key" nature of the space allows for immediate occupancy, minimizing setup time and costs. The property is ideally suited for businesses requiring multiple suites or a large contiguous space. Ample parking is available with 17 spaces provided for tenants. Located in Bergen County, this property benefits from excellent access to major transportation routes and a thriving local community. The address is 144 E Ridgewood Ave, Ridgewood, NJ 07450. This is a multi-tenant building, offering a vibrant and collaborative work environment. The property's versatile nature makes it suitable for a wide range of businesses seeking high-quality office space in a desirable location. Don't miss this chance to secure your ideal workspace in this sought-after area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1924
Construction CONCRETE BLOCKS
Lot 0.41 ac (17,860 SF)
Zoning code B1
APN 51 03704-0000-00002
UPID US59-1935030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pober, MD Medispa Physician Medical Clinic
  • Esthetically Pleased Hair Salon Nail Salon
  • House of Ness: Botox Bar Spa & Massage Center Alternative Medicine Practice
  • Panico Salon & Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.54M
Owner & transaction history
Milelli Ridgewood II LLC · 5 yrs held
Milelli Ridgewood II LLC
since 2021
Last sale
$2.3M
4 recorded transactions
2021
$2.3M
2021
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
B1 · Ridgewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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