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    518 Broad Ave Ridgefield, NJ 07657-2357
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    Property profile & analytics

    518 Broad Ave, Ridgefield, NJ 07657-2357

    View on Map

    • Commercial real estate
    • 4,360 SF
    • 0.21 lot acres
    Off-Market
    Last Sale Aug 31, 2022
    $1,250,000
    Property ID
    US59-3054917
    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
    $1,350,000
    Show details
    Cap Rate Potential
    4.3%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 518 Broad Ave

    Year built
    1954
    Construction
    BRICK
    Lot size
    0.21 lot acres
    Property type
    Commercial real estate
    APN
    49 02801-0000-00012
    APU
    4902801000000012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2022 $1,250,000 518 Broad LLC Som Property Corp Deed $750k · Shinhan Bank America
    Aug 14, 2013 — Som Property Corp Kim,jae S Grant Deed · related —
    Apr 29, 2011 $990,000 Jae S Kim Berkshire Bk Grant Deed —
    May 23, 2006 $850,000 The Berkshire Bank Oritani Savings Bank Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,405,000
      ML approach
      $1,445,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,015,000
      6.5%
      $935,000
      7%
      $870,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,390,000
      Market price range: $979k - $1.93M

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


    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0092
    Latitude
    40.8339
    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
    $13,658
    $477,200
    $506,300
    $983,500
    -
    $477,200
    $506,300
    $983,500
    More about this property
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