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824 N Broad Ave 9,800 SF Retail Building Ridgefield, NJ 07657 $2,950,000 ($301.02/SF)
Investment Highlights
- Prime Location: Located at the signalized intersection of Broad Ave and Route 5, offering excellent visibility
- Occupancy & Value-Add Potential: Currently approximately 60% leased, leaving roughly 40% of the asset available for repositioning
- Attractive Parcel & Parking: Situated on a ±0.32 AC with ±9,000 SF GLA and 20+ parking spaces
Executive Summary
Nestled along Broad Avenue — the major thoroughfare designated as U.S. Route 1/9 through Bergen County — this high-profile commercial asset boasts unparalleled visibility and traffic flow. With its longtime tenancy by the celebrated bakery Rispoli’s Bakery anchoring the building’s legacy, the site presents a rare chance for an investor or owner-occupant to secure prime ground-floor branding and upside in a value-add scenario.
Financial Summary (Pro Forma - 2026) 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 |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,800 SF
Building Class
B
Year Built
1920
Price
$2,950,000
Price Per SF
$301.02
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.68
Lot Size
0.33 AC
Zoning
D
Parking
23 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Hemp and Honey
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Planet Sun’s growth and success can be attributed to our strong belief in and constant dedication to superior customer service, cleanliness and well maintained, top of the line equipment. In addition, each member of the staff is highly trained and Smart Tan certified to help every customer tan responsibly and achieve a personal and optimal tanning experience. Planet Sun is proud to be New Jersey’s finest tanning salon chain where you can always expect a friendly welcome, a customized experience and of course achieve the most beautiful tan ever!
- The Flower
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Hemp and Honey | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| The Flower | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,100 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,100 SF | Retail | - | Now |
1st Floor
| Size |
| 2,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-00406-0000-00009 | Total Assessment | $2,282,600 (2025) |
| Land Assessment | $641,500 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,641,100 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
49-00406-0000-00009
Land Assessment
$641,500 (2025)
Improvements Assessment
$1,641,100 (2025)
Total Assessment
$2,282,600 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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824 N Broad Ave
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