37 Rdg Rd, North Arlington, NJ 07031
- Commercial real estate
- 12,120 SF
- 0.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 37 Rdg Rd
- Lot size
- 0.29 lot acres
- Property type
- Commercial real estate
- APN
- 39 00010-0000-00055- 01
- APU
- 390001000000005501
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 15, 2023 | $5,525,264 | 100 Ridge Road LLC | Melrays New Building LLC | Sheriffs Deed · related | — |
| Nov 12, 2019 | — | Melrays New Building LLC | — | Trustees Deed · related | $462k · Navigator Busn Svcs LLC |
| — | — | Melrays New Building LLC | — | Deed Of Trust · related | $150k · Wish Legacy LLC |
| — | — | Melrays New Building LLC | — | Deed Of Trust · related | $150k · Wish Legacy LLC |
| — | — | Melrays INC | — | Deed Of Trust · related | $250k · James N Glordano |
| — | — | Melrays New Building LLC | — | Deed Of Trust · related | $150k · Ron Wish LLC |
| — | — | Melrays New Building LLC | — | Deed Of Trust · related | $1.4M · Navigator Busn Svcs LLC |
| — | — | Melrays New Building LLC | — | Deed Of Trust · related | $100k · Td Bank NA |
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,859,000
- AI Estimate
- $981,000
Market price range: $1.86M - $2.85MMarket price range: $981k - $2.50M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,265,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Arlington
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.1346
- Latitude
- 40.7809
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
