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Property profile

55 Challenger Rd Ridgefield Park, NJ 07660

FOR LEASE
Other commercial real estate
Property ID
US59-2091271
7.47 ac lot Built 1990
Last sale Oct 2020 · $35,200,001
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 55 Challenger Rd is an office space configured for sublease, offering flexible suite sizes ranging from approximately 18,451 to 57,783 square feet to accommodate a variety of office needs.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$1.13M
Tax billed · 2022
Assessed value · 2023$36.12M
Effective rate3.12%

Value estimate

· Oct 2026
$35.20M
$31.68M – $38.72M
NOI build-up
Gross scheduled income$1.22M
Vacancy & credit loss−$390k
Operating expenses−$207k
NOI · 2,144,217.24% cap applied$622k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418

Cap rate analysis

How does the asset earn?
2,144,217.24%
$622k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OP1
JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.4
Auto Parts Store22.3
Garden Center16.6

Location

55 Challenger Rd Ridgefield Park, NJ 07660
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 Main, Ridgefield Park, NJ 07660-1649 $400,000 May 2025 3,002 SF
175 Main, Ridgefield Park, NJ 07660-1770 $800,000 Sep 2024 No data
236 Main, Ridgefield Park, NJ 07660-1560 $800,000 Sep 2024 3,481 SF
421 Main, Ridgefield Park, NJ 07660-1152 $395,000 Apr 2024 1,183 SF
105 Challenger, Ridgefield Park, NJ 07660-2101 $27,000,000 Mar 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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