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177 Valley Blvd 5,100 SF 100% Leased Retail Building Wood-Ridge, NJ 07075 $2,299,900 ($450.96/SF)
INVESTMENT HIGHLIGHTS
- Prime Location
EXECUTIVE SUMMARY
Cap Rate over 6%!!. Prime Real Estate investment in a super clean and well maintained building built in 2014. Located in the heart of Wood Ridge NJ. Just 9 miles from Manhattan. This 2 unit strip center has a great rental history. With Spencer Savings Bank as the anchor tenant and a medical facility in the second space. Building is composed of a 3 Floor Plan with Elevator, Basement, first floor and second floor with drive through access. This is an ideal for a 1031 exchange. Available to be seen upon appointment. Contact Mike Loundy (732)-330-6651 directly with any questions
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,100 SF
Building Class
B
Year Built
2014
Price
$2,299,900
Price Per SF
$450.96
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.40 AC
Zoning
Office
Parking
17 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
70’ on Valley Blvd
AMENITIES
- Drive Thru
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 69-00273-0000-00014 | Improvements Assessment | $1,298,000 (2025) |
| Land Assessment | $702,000 (2025) | Total Assessment | $2,000,000 (2025) |
PROPERTY TAXES
Parcel Number
69-00273-0000-00014
Land Assessment
$702,000 (2025)
Improvements Assessment
$1,298,000 (2025)
Total Assessment
$2,000,000 (2025)
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177 Valley Blvd
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