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Investment Highlights

  • Central Business District
  • Adjacent to Municipal Parking

Executive Summary

Prime retail location in the Heart of the Village. First floor retail 20 x 80 with full basement, newer storefront, newer HVAC, newer roof. Current tenant will extend lease for up to one year and can vacate for future user. Second floor apartment with high ceilings and rooftop deck. Apartment has separate utilities including central air-conditioning

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
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $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
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,168 SF
Building Class
C
Year Built/Renovated
1914/2015
Price
$1,250,000
Price Per SF
$394.57
Tenancy
Single
Building Height
1 Story
Building FAR
1.78
Lot Size
0.04 AC
Zoning
B-1 - B-1 Retail Business. See Zoning code attached. Second floor residential is permitted as is second floor office
Frontage
20’ on East Ridgewood Avenue

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -

Ninety years has passed since DUX, today managed by fourth generation Ljung, began producing the best of beds. Now the family run company is focusing on the next 90 years with the same ambition as from the start in 1926, to design and produce the world’s most comfortable beds and furniture in classic Swedish design. The DUX bed provides unparalleled comfort paired with advanced technology, housing innovations brought to the industry solely by DUX throughout generations. The flexibility and unique spring system of a DUX bed lasts for years. The latest collection from DUX, DUX Inspiration™ also shows a new line where the exclusive design and impeccable attention to details provides justice to the innovative interior of the bed.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum -
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Nearby Major Retailers

Stretchlab
Starbucks
ConnectOne Bank
Chase Bank
HSBC
PNC Bank
Bareburger
Whole Foods Market
Capital One
Bank of America

Property Taxes

Property Taxes

Parcel Number
51-03805-0000-00011
Land Assessment
$186,800 (2025)
Improvements Assessment
$546,500 (2025)
Total Assessment
$733,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 36022833

  • Date on Market: 5/29/2025

  • Last Updated:

  • Address: 63 E Ridgewood Ave, Ridgewood, NJ 07450

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