Updated Sep 30, 2026
Marcus & Millichap Sells 7,350 Square Foot Mixed-Use Property In Ridgewood For $3.499M
152 East Ridgewood Avenue & 162 East Ridgewood Avenue
$3,499,000
$476/SF
Building Size
7,350 SF
Asset Type
Mixed-use
Closing
Sep 28, 2026
About this deal
AI
A 7,350-square-foot mixed-use property located at 158-162 East Ridgewood Avenue in Ridgewood, NJ, has been sold for $3,499,000. The property occupies an area of 0.22 acres and is fully occupied, featuring seven suites.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,499,000
- Square Footage: 7,350
- Price Per Square Foot: $476
- Address: 158-162 East Ridgewood Avenue
- Market: Ridgewood, NJ
- Brokers: Alan Cafiero, David Cafiero & John Moroz - Marcus & Millichap
Marcus & Millichap's Alan Cafiero, David Cafiero, and John Moroz represented the seller and procured the buyer for the property in this transaction.
On the Map
$3,499,000
$476/SF
Mixed-use
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Avenue Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93