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Property profile & analytics
OFF-MARKET
Commercial real estate

539 Ringwood Ave Wanaque, NJ 07465-2011

0.55 ac lot Built 1985
Individually Owned Free & Clear
Property ID
US59-2071970
Property summary
AI-generated overview

This exceptional commercial property, located at 539 Ringwood Avenue in Wanaque, New Jersey, presents a fantastic opportunity for a variety of businesses. Boasting a highly visible location on a main road, this property offers immediate occupancy in a well-maintained building. The 0.51-acre lot provides ample off-street parking for up to ten vehicles in a shared lot, ensuring convenient access for customers and employees. The building itself is a visually appealing structure featuring a combination of brick and siding, enhanced by recent improvements. These upgrades include fresh paint, new flooring, and a renovated powder room, creating a modern and inviting atmosphere. The interior space is bright and airy, thanks to abundant natural light. The property is equipped with wall air conditioning for climate control, and features baseboard heating for comfortable temperatures year-round. Public water and sewer services are readily available. The layout includes convenient front and side exits, along with some basement storage for added utility. Its strategic location offers easy access to major roadways, including Routes 287 and 208, providing excellent connectivity for commuters and clients. The property is also situated near other established businesses, creating a synergistic environment. This versatile space is ideal for retail sales, a full office, or a satellite office, making it an attractive option for a range of commercial ventures. The asking price is $1,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Construction FRAME
Lot 0.55 ac (23,852 SF)
Zoning code B
APN 13 00231-0000-00009
UPID US59-2071970
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
B · Wanaque, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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