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720 Ridge Rd
Lyndhurst, NJ 07071
Retail Property For Sale

PROPERTY FACTS
- Storefront Retail/Office
- General Retail Auto Repair
- General Retail Restaurant
- 100’ on Ridge
- 100’ on RIDGE RD
AMENITIES
- Bus Line
- Signage
- Air Conditioning
ABOUT 720 RIDGE RD , LYNDHURST, NJ 07071
Rare find, prime location in the heart of town with a tremendous potential for redevelopment, owner use or investment! Market rents yield a 10.4% cap rate! Large 7,452 sq.ft one level, 3 unit, commercial building on sprawling 100 x 146 with off street parking lot in rear. Situated on .35 of an acre (14,601 sq.ft. of land)! Current tenants are Pizzeria 1,150 sq.ft, Veterinarian Hospital 1,216 sq.ft and Auto Service Center 5,086 sq.ft. that is owner occupied. Gross income $138,084, operating expenses $18,500, net income $119,584. Clean, well kept, flexible space with lots of possibilities and potential uses such as day care center, physical therapy, doctor office or restaurant, etc! Building can be delivered vacant except for Pizzeria. There is a value add to build up or to completely redevelop.
PROPERTY TAXES
| Parcel Number | 32-00212-0000-00030 | Improvements Assessment | $997,500 |
| Land Assessment | $804,900 | Total Assessment | $1,802,400 |
PROPERTY TAXES
Listing ID: 16766006
Date on Market: 7/30/2019
Last Updated:
Address: 720 Ridge Rd, Lyndhurst, NJ 07071
The Retail Property at 720 Ridge Rd, Lyndhurst, NJ 07071 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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