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158-162 E Ridgewood Ave
Ridgewood, NJ 07450
Downtown Ridgewood Mixed-Use · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 160 East Ridgewood Avenue is strategically located in the heart of Ridgewood’s thriving downtown district
- The property is located just steps from the Ridgewood NJ Transit train station
- This mixed-use property features a well-balanced tenancy of ground-floor retail and upper-floor office suites
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,350 SF
Building Class
C
Year Built/Renovated
1996/2001
Price
$3,850,000
Price Per SF
$523.81
Cap Rate
6.72%
NOI
$258,826
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.22 AC
Zoning
B1 - Business
Parking
12 Spaces (1.63 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 51-03704-0000-00004 | Improvements Assessment | $468,100 |
| Land Assessment | $1,068,900 | Total Assessment | $1,537,000 |
PROPERTY TAXES
Parcel Number
51-03704-0000-00004
Land Assessment
$1,068,900
Improvements Assessment
$468,100
Total Assessment
$1,537,000
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