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98 Ridge Rd 8,511 SF 100% Leased Retail Building North Arlington, NJ 07031 $4,292,136 CAD ($504.30 CAD/SF)
Investment Highlights
- The property is currently leased through May 31, 2028.
- The site features 21 surface parking spaces.
- The property has a daily traffic count of 37,717 vehicles.
- The remaining lease term provides interim contractual revenue.
- The property is situated along an established municipal redevelopment corridor.
- The property is zoned C-1.
Executive Summary
98 Ridge Road presents an opportunity to acquire an approximately 8,511-square-foot commercial building on an approximately 0.344-acre. Along Ridge Road in North Arlington, Bergen County, New Jersey.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,511 SF
Building Class
C
Year Built
1950
Price
$4,292,136 CAD
Price Per SF
$504.30 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.34 AC
Zoning
C-1
Parking
21 Spaces (1.68 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Awning
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-00117-0000-00010 | Improvements Assessment | $970,858 CAD |
| Land Assessment | $938,065 CAD | Total Assessment | $1,908,923 CAD |
Property Taxes
Parcel Number
39-00117-0000-00010
Land Assessment
$938,065 CAD
Improvements Assessment
$970,858 CAD
Total Assessment
$1,908,923 CAD
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98 Ridge Rd
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