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Investment Highlights

  • Downtown Ridgewood
  • Heavy daytime foot traffic

Executive Summary

rime Mixed-Use Investment Opportunity | Ridgewood, NJ
Positioned in the heart of downtown Ridgewood, this exceptional mixed-use asset at 57–59 E Ridgewood Ave offers a rare opportunity to acquire a high-demand, income-producing property in one of Bergen County’s most sought-after retail corridors.
The property features two street-level retail storefronts with strong visibility and consistent foot traffic, complemented by two residential apartments above, creating a balanced and diversified income stream. This proven mixed-use configuration is ideal for investors seeking stable cash flow with long-term upside potential.
Surrounded by national retailers, boutique shops, and popular dining destinations, the location benefits from Ridgewood’s affluent demographics, walkability, and direct access to major transportation routes and NJ Transit.
Investment Highlights:
Two (2) retail storefronts with prime frontage on E Ridgewood Ave
Two (2) residential apartments providing additional rental income
High-visibility location in a premier downtown retail district
Strong foot traffic and established tenant demand
Ideal for investors seeking passive income and appreciation in a high-barrier-to-entry market
This is a rare opportunity to secure a trophy mixed-use asset in Ridgewood’s core business district, where retail and residential demand remain consistently strong.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
5,000 SF
Building Class
C
Year Built
1920
Price
$3,011,954 CAD
Price Per SF
$602.39 CAD
Cap Rate
5.49%
NOI
$165,356 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.64
Lot Size
0.07 AC
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Stretchlab
Starbucks
ConnectOne Bank
Chase Bank
HSBC
PNC Bank
Bareburger
Whole Foods Market
Capital One
Bank of America

Property Taxes

Property Taxes

Parcel Number
51-03805-0000-00012
Land Assessment
$523,669 CAD
Improvements Assessment
$1,315,539 CAD
Total Assessment
$1,839,209 CAD
  • Listing ID: 39802388

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 59 E Ridgewood Ave, Ridgewood, NJ 07450

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