Property profile

7-9 Ridgefield Ave Ridgefield Park, NJ 07660

FOR LEASE
Commercial real estate
Property ID
US59-1536404
0.13 ac lot Built 1913
Entity Owned 4-yr Hold ~ Est. High Equity
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7-9 Ridgefield Ave, Ridgefield Park, NJ 07660 For Lease
$25 SF/Yr
7-9 Ridgefield Ave, Ridgefield Park, NJ 07660
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1913
Construction WOOD
Lot 0.13 ac (5,502 SF)
Zoning code C4
APN 50 00135-0000-00002
UPID US59-1536404

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7-9 Ridgefield Ave Ridgefield Park, NJ 07660
Ridgefield Park metro Census 46300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.43M

Owner & transaction history

since 2022
Last sale
$1.3M
4 recorded transactions
2022
$1.3M
2011
Price N/A
2011
$735,000
1969
Price N/A

Zoning & alternative use

C4 · Ridgefield Park, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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