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Mixed-Use

65-67 E Ridgewood Avenue, Ridgewood

65 E Ridgewood Ave, Ridgewood, NJ 07450

Listing Price: $2,812,000

Cap Rate
5.00%
Gross SF
6,550
Rentable SF
6,550
Price/Gross SF
$429.31
Lot Size
0.08 acres
Year Built
1914

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a mixed use property, 65-67 E Ridgewood Avenue, in Ridgewood, New Jersey. This rare opportunity is approximately 6,550 square feet and located in Ridgewood’s premium retail corridor with high daily foot and vehicle traffic. The building is fully leased and the corner tenant is in the process of building out their space. Ridgewood has convenient transportation into Manhattan through its historic train station located downtown and multiple bus stops. New Jersey Transit serves the Ridgewood train station, which travels along the system’s Main and Bergen County lines. New Jersey Transit buses serve numerous routes that pass through the village, including routes to the Port Authority Bus Terminal in New York City and the George Washington Bridge Bus Station. Most routes depart from the Ridgewood Bus Terminal on Van Neste Square in the village. The town is located only 25 miles from New York City and 13 miles from Newark Liberty Airport. Ridgewood is one of New Jersey’s most popular towns with a buzzing downtown, countless restaurants, shopping, and art scene. . Because of its proximity to New York City and Newark, Bergen county is the most populous county in the state. It is home to some of the best schools in the state and highly rated cities.

Investment Highlights

  • Ridgewood is one of New Jersey's most popular towns with a buzzing downtown, countless restaurants, shopping, and art scene. Ridgewood is known for it's affluent demographics and elegant homes
  • Bets corner location in Ridgewood
  • 5.00% current cap rate / 7.62% pro forma cap rate

Mixed-Use

65-67 E Ridgewood Avenue, Ridgewood

Listing Price: $2,812,000

Cap Rate
5.00%
Gross SF
6,550
Rentable SF
6,550
Price/Gross SF
$429.31
Lot Size
0.08 acres
Year Built
1914

Investment Highlights

  • Ridgewood is one of New Jersey's most popular towns with a buzzing downtown, countless restaurants, shopping, and art scene. Ridgewood is known for it's affluent demographics and elegant homes
  • Bets corner location in Ridgewood
  • 5.00% current cap rate / 7.62% pro forma cap rate

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a mixed use property, 65-67 E Ridgewood Avenue, in Ridgewood, New Jersey. This rare opportunity is approximately 6,550 square feet and located in Ridgewood’s premium retail corridor with high daily foot and vehicle traffic. The building is fully leased and the corner tenant is in the process of building out their space. Ridgewood has convenient transportation into Manhattan through its historic train station located downtown and multiple bus stops. New Jersey Transit serves the Ridgewood train station, which travels along the system’s Main and Bergen County lines. New Jersey Transit buses serve numerous routes that pass through the village, including routes to the Port Authority Bus Terminal in New York City and the George Washington Bridge Bus Station. Most routes depart from the Ridgewood Bus Terminal on Van Neste Square in the village. The town is located only 25 miles from New York City and 13 miles from Newark Liberty Airport. Ridgewood is one of New Jersey’s most popular towns with a buzzing downtown, countless restaurants, shopping, and art scene. . Because of its proximity to New York City and Newark, Bergen county is the most populous county in the state. It is home to some of the best schools in the state and highly rated cities.

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