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    245 Main St Ridgefield Park, NJ 07660
    Property profile & analytics

    245 Main St Ridgefield Park, NJ 07660


    • Banks
    • 0.31 lot acres
    Main Street Office Building For Lease
    $2,215,000
    22,479 SF

    Main Street Office Building

    Former bank branch with office space for lease.

    245 Main St, Ridgefield Park, NJ 7660
    View Listing
    Property ID
    US59-0174559
    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.

    Value Estimations
    $2,215,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gallagher Insurance, Risk Management & Consulting / Insurance Agency
    • Exact Insurance Agency NJ / Insurance Agency
    • MK Valencia Parking (old td bank) / Parking Lot & Garage

    Property Details for 245 Main St

    Year built
    1975
    Lot size
    0.31 lot acres
    Zone code
    C1H
    Property type
    Banks
    APN
    50 00075-0000-00005- 01
    APU
    500007500000000501

    Description

    This exceptional three-story, 22,479-square-foot office building in Ridgefield Park, NJ, presents a unique investment opportunity. Located at 245 Main Street, this single-tenant property sits on a 0.75-acre lot and boasts 28 parking spaces. The building's former use as a bank branch offers distinctive features including a secure vault and two drive-through lanes, ideal for various businesses. Two floors of vacant office space are available, with a potential sale/leaseback option from the owner. The property is zoned B-2 and benefits from a highly desirable location within a thriving retail area, surrounded by high-density residential buildings and a diverse mix of retail establishments, including CVS and 7-Eleven. Main Street's vibrant commercial activity provides excellent visibility and accessibility. The property's proximity to State Highway 46, a major commercial artery, further enhances its strategic value. The Borough Hall is conveniently located within a block, and the nearby Overpeck Park offers recreational amenities. Annual property taxes are $24,068.82. The asking price for this remarkable property is $2,299,000. This is an excellent opportunity to acquire a well-situated commercial property with significant potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,220,000
      ML approach
      $2,210,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0243
    Latitude
    40.8586
    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
    $27,619
    $344,700
    $472,300
    $817,000
    -
    $344,700
    $472,300
    $817,000
    View Listing
    More about this property
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