539 Ringwood Ave Wanaque, NJ 07465-2011
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
B · Wanaque, NJWanaque. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.