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Property profile & analytics
OFF-MARKET Estimated value $1,485,000
Commercial real estate

37 Rdg Rd North Arlington, NJ 07031

12,120 SF 0.29 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-1664308
Property summary
AI-generated overview

This exceptional retail property, located at 37 & 45-55 Ridge Road in North Arlington, New Jersey, offers a significant opportunity for a single tenant. The building boasts a substantial 41,544 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a 16,553 square foot lot, the two-story structure provides ample room for a variety of retail uses. The property benefits from 25 covered public parking spaces, ensuring convenient access for customers and employees. Its zoning designation falls under the Ridge Road Redevelopment Area (RRRA) in Bergen County, offering potential for various development options within the framework of the area's redevelopment plan. The property's address is 37 & 45-55 Ridge Rd, North Arlington, NJ 07031. The building's size and prominent location provide excellent visibility and accessibility, making it an ideal location for a business seeking to establish a strong presence in the North Arlington market. The entire 41,544 square feet is available for lease, presenting a unique chance to secure a substantial retail footprint in a desirable area. This property is ready for a new tenant to create a thriving business. The location offers significant potential for growth and success. Interested parties should inquire for further details and leasing information.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 12,120 SF
Lot 0.29 ac (12,602 SF)
APN 39 00010-0000-00055- 01
UPID US59-1664308
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.86M
Blend (final) Blend
$1.49M
Owner & transaction history
100 Ridge Road LLC · 2 yrs held
100 Ridge Road LLC
since 2023
7 recorded transactions
2023
$5.5M
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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