53-55 Ridgewood AveRidgewood, NJ 07450

Property Details for 53-55 Ridgewood Ave

Year built

1905

Construction

BRICK

Lot size

0.08 AC

Zone code

B1

Property type

Commercial real estate

APN

51 03805-0000-00013

APU

5103805000000013

Description

This exceptional commercial property, located at 53-55 E Ridgewood Avenue in the vibrant town of Ridgewood, New Jersey, presents a unique investment opportunity. Priced at $3,500,000, this property offers significant potential for a variety of commercial uses. The building's precise square footage is currently unavailable, however, its prominent location on East Ridgewood Avenue ensures high visibility and accessibility for customers. The property sits on a lot with no acreage listed. The property type is classified as "Other," suggesting flexibility in its potential use and redevelopment possibilities. Given its prime location in Ridgewood, a thriving community known for its strong local economy and affluent demographic, this property is ideally suited for businesses seeking a high-traffic location with excellent visibility. The address itself is highly desirable, offering easy access to major transportation routes and a wealth of amenities. Further due diligence is recommended to fully assess the property's potential and suitability for specific business plans. Interested parties are encouraged to conduct thorough inspections and research to determine the property's precise specifications and to explore the full range of development opportunities available. This is a rare chance to acquire a significant commercial property in a highly sought-after location.

• Alternative Use

  Use

  Valuation

  Residential

  $667,636

  Hospitality

  $611,551

  Educational

  $508,803

  Medical

  $526,301

  Retail

  $791,471

Location Insight

City

Ridgewood

County

Bergen

State

New Jersey

Latitude

40.9798

Longitude

-74.1186

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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