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Property profile & analytics

539 Ringwood Ave Wanaque, NJ 07465-2011

  • Commercial real estate
  • 0.55 lot acres
OFF-MARKET
Value Estimation
$315,000
Location Intelligence
Property ID
US59-2071970
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 539 Ringwood Ave

Year built
1985
Construction
FRAME
Lot size
0.55 lot acres
Zone code
B
Property type
Commercial real estate
APN
13 00231-0000-00009
APU
1300231000000009

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $295,000
    6.5%
    $315,000
    7%
    $275,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $315,000
    Geo Method
    $280,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $300,000
    Retail
    $275,000
    Mixed-Use
    $330,000
    Hospitality
    $315,000
    Educational
    $335,000
    Residential Income
    $320,000
    Energy
    $285,000
    Income-Based Land
    $250,000
    Food Service
    $285,000

Location Insight

  • Map
  • Local Demand
City
Wanaque
County
Passaic
State
New Jersey
Longitude
-74.2889
Latitude
41.053
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
2023
$13,670
$180,800
$148,500
$329,300
-
$180,800
$148,500
$329,300
More about this property
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