216-218 Ridgewood Ave, Unit 218 Ridgewood, NJ 07450-3861
Property profile & analytics
216-218 Ridgewood Ave, Unit 218, Ridgewood, NJ 07450-3861
- Commercial real estate
- 8,580 SF
- 0.68 lot acres
Property ID
US59-0948638
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 216-218 Ridgewood Ave
- Year built
- 1900
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.68 lot acres
- Zone code
- B1
- Property type
- Commercial real estate
- APN
- 51 03704-0000-00009
- APU
- 5103704000000009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 5, 2024 | $2,125,000 | John R Gabriel Revocable Trust | Grand Valley Associates | Deed | $1.4M · Provident Bank |
| Jun 5, 2024 | — | John R Gabrieh | Grand Valley Associates | Intrafamily Transfer · related | — |
| Jul 30, 1991 | $1,250,000 | Grand Valley Associates | Unknown | Grant Deed | — |
| — | — | Grand Valley Associates | — | Deed Of Trust · related | $1 · Greater Cmnty Bk |
| — | — | Grand Valley Associates | — | Loan Modification · related | $990k · Valley Nat'l Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,125,000
- ML approach
- $2,125,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,995,000
- 6.5%
- $1,840,000
- 7%
- $1,710,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,739,000
Market price range: $1.69M - $3.59M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,510,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,820,000 Change: +12% Conversion: Moderate
- OFFICE BUILDING
- $2,070,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ridgewood
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.1147
- Latitude
- 40.9786
- 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
$46,969
$1,294,500
$424,100
$1,718,600
-
$1,294,500
$424,100
$1,718,600
