610 Broad Ave 1ST Ridgefield, NJ 07657
For Lease
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This unique commercial property located at 610 Broad Avenue in Ridgefield, New Jersey, presents a compelling investment opportunity. Priced at $3,799,000, the property offers significant potential for a variety of commercial uses. While the square footage is not currently specified, the property sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. The property type is classified as "Other," indicating a versatile space adaptable to a range of business needs. Its location in Ridgefield, NJ, offers access to a thriving local economy and convenient transportation links. Further due diligence is recommended to fully assess the property's potential and suitability for specific commercial ventures. Interested parties are encouraged to conduct thorough inspections and research to determine the optimal use and development strategy for this promising commercial asset. The absence of specified square footage necessitates a site visit to accurately determine the usable space and its configuration. This property's unique characteristics and prime location make it an attractive proposition for discerning investors seeking a foothold in the dynamic Ridgefield commercial market. The asking price reflects the property's potential and the desirability of its location. Further information regarding zoning regulations and permitted uses should be obtained from the relevant municipal authorities.
Off-street parking requirements. Front yard parking in the O-C Office Commercial Zone shall be prohibited. Bowling establishments shall have at least four spaces for each bowling lane. If additional facilities such as bar or restaurant are provided, additional parking spaces shall be provided in accordance with the requirement for similar uses set forth in t…
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Ridgefield, NJOff-street parking requirements. Front yard parking in the O-C Office Commercial Zone shall be prohibited. Bowling establishments shall have at least four spaces for each bowling lane. If additional facilities such as bar or restaurant are provided, additional parking spaces shall be provided in accordance with the requirement for similar uses set forth in this section. Churches, synagogues or other places of worship shall have at least one space for each three seats. Commercial or personal service establishments: Food markets and supermarkets shall have one space per 150 square feet of gross floor area. Delicatessens and bakeries shall have one space per 250 square feet of gross floor area. Barbershops and beauty shops shall have three spaces for each beautician and barber or one space for each 150 square feet of gross floor area, whichever is greater. Other commercial or personal service uses not specifically listed elsewhere in this section shall have one space for each 200 square feet of gross first-floor area, plus one space for each 300 square feet of additional gross floor area. Mortuaries or funeral homes shall have at least one parking space for each five seats in the chapel, one additional space for each residential family residing on premises and one additional space for each funeral vehicle. Offices. Business and governmental offices shall have one space for each 300 square feet of net office space. Medical or dental practitioner's office. Each office shall provide at least five spaces for each professional person occupying or using each office, plus an additional space for each employee. Other professional offices shall have one space for each employee, plus one one space for each 250 square feet of net office space or part thereof. Private clubs shall have at least one space for 100 square feet of gross floor space or one space for each three seats, whichever is greater. Publicly owned or operated buildings and uses, such as a library, museum or post office, shall have at least one space for each 100 square feet of gross floor space. Restaurants, taverns and inns shall have one space for each three seats, plus one space for each two employees. Theaters, auditoriums and other similar places of public assembly shall have at least one space for each three seats or similar vantage accommodation provided. For uses not listed above, required parking spaces shall be according to the category which most nearly approximates each particular use as determined by the Planning Board.
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.
