536 Maple AveRidgewood, NJ 07450

  • Banks
  • 0.83 AC
For Lease

Property Details for 536 Maple Ave

Year built
2010
Lot size
0.83 AC
Zone code
B2R2
Property type
Banks
APN
51 01509-0000-00018
APU
5101509000000018

Description

This exceptional 3,905 square foot medical office building is available for lease in the thriving Ridgewood, New Jersey market. Located at 536 N Maple Ave, this single-tenant property sits on a 0.834-acre lot and offers ample parking with 23 spaces. The building is zoned B-2, providing flexibility for a variety of medical uses. The entire space is currently vacant, presenting a unique opportunity for a medical practice or related business to establish a prominent presence in this desirable location. The property's convenient location in Bergen County, with easy access to major transportation routes, ensures high visibility and accessibility for patients and staff. The building's 3,905 square feet provide ample space for a variety of medical office configurations, allowing for customization to meet specific needs. This is an ideal opportunity for a growing medical practice seeking a well-located, spacious, and easily accessible facility. The property's single-tenant occupancy ensures a streamlined and efficient operational environment. The ample parking ensures convenient access for patients and staff. This property offers a rare combination of size, location, and parking in a highly sought-after area. Don't miss this chance to secure a prime medical office space in Ridgewood, NJ.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,797,378
    6.5%
    $8,120,656
    7%
    $7,540,610
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,918,669
    Geo Method
    $11,918,669
  • Alternative Use

    Use
    Valuation
    Residential
    $6,850,078
    Hospitality
    $6,274,634
    Educational
    $5,220,422
    Medical
    $5,399,960
    Retail
    $8,120,656
536 Maple Ave, Ridgewood, New Jersey

Location Insight

City
Ridgewood
County
Bergen
State
New Jersey
Latitude
40.9939
Longitude
-74.1117
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$49,645
$911,900
$904,600
$1,816,500
-
$911,900
$904,600
$1,816,500

FAQs

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