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Financial
Distress signals
Property profile

324 Ringwood Ave Pompton Lakes, NJ 07442

FOR LEASE
Other commercial real estate
View Listing
Property ID
US59-0289721
0.22 ac lot
Last sale Jun 2022 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This masonry commercial building of approximately 7,547 sq ft was constructed in 1972 and renovated in 2015. It sits on a 0.29-acre lot and contains two floors, including a flex space configured with approximately 2,400 sq ft of private office area and approximately 3,000 sq ft of warehouse/shop space. The warehouse/shop portion features 14-ft clear ceilings, one exterior loading dock, and two drive-in garage bays. The property includes a large blacktop lot suitable for parking of 10+ vehicles,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$20k
Tax billed · 2022
Assessed value · 2023$516k
Assessed land$188k
Assessed improvement$329k
Effective rate3.81%

Value estimate

· Oct 2026
$965k
$869k – $1.06M
AI approach$950k
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$5k
Operating expenses−$26k
NOI · 708.90% cap applied$61k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 817 recorded sales of this use type
Observed band · Q1–Q3$117 – $285

Cap rate analysis

How does the asset earn?
708.90%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DBD
JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.0
Parking Facility10.5
Pharmacy9.5

Location

324 Ringwood Ave Pompton Lakes, NJ 07442
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Broad, Pompton Lakes, NJ 07442 $150,000 Jul 2025 No data
33 Colfax, Pompton Lakes, NJ 07442-1709 $350,000 May 2025 No data
6 Broad, Pompton Lakes, NJ 07442-2201 $850,000 May 2025 No data
20 Passaic, Pompton Lakes, NJ 07442-1816 $780,000 Dec 2024 5,402 SF
241 Wanaque, Pompton Lakes, NJ 07442-2103 $325,000 Nov 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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