365 Ringwood AveWanaque, NJ 07465

Property Details for 365 Ringwood Ave

Year built

1957

Construction

FRAME

Lot size

2.00 AC

Zone code

B

Property type

Commercial real estate

APN

13 00204-0000-00007

APU

1300204000000007

Description

This exceptional investment opportunity presents a 1,001 square foot commercial building situated on a highly visible, two-acre lot at 365 Ringwood Avenue in Wanaque, New Jersey. The property boasts 200 feet of road frontage on a busy thoroughfare, offering excellent visibility and accessibility. The single-story building includes a dining room, kitchen, two storage rooms, and a half-bath. A separate shed is also located on the property. Ample parking is available with twelve designated spaces. The property is connected to municipal water and has a septic system, although sewer access is available. The building does not have a basement. Approximately one-quarter of the lot is level, while the remaining three-quarters consist of a rock ridge, presenting potential for future expansion. The seller is motivated, and all offers will be considered. The sale may include existing business operations and equipment. Conveniently located near NYC bus routes, this property offers significant potential for a variety of commercial uses. This business-zoned property is ready for its next chapter.

• Alternative Use

  Use

  Valuation

  Residential

  $18,192,218

  Hospitality

  $16,663,973

  Educational

  $13,864,230

  Medical

  $14,341,042

  Retail

  $21,566,580

Location Insight

City

Wanaque

County

Passaic

State

New Jersey

Latitude

41.0613

Longitude

-74.2859

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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