5+ Mixed Use For Sale in Park Ridge, NJ
 

MLS# : 25000289

Street : 1-3 Hawthorne Avenue
Price : $1,899,000
Town : Park Ridge, NJ 07645
Annual Taxes : $21,000

PROPERTY DETAILS

Year Built : 1900-1939
Roof : Flat

PROPERTY DESCRIPTION

Investor Bliss...A Golden opportunity awaits.. in this Massive Mixed use-turn key investment building. Ideally located in the high traffic center of burgeoning Park Ridge. It's Premier Coveted Corner location sits on the most desirable Eye catching corner lot with enormous exposure & prominent visibility. Comprised of 5 units; 2 Residential 1 Bedroom apartments; 1-Two story retail store. 81 Park Ave; 1 Cafe, 75 Park Ave: 2 commercial office spaces, currently combined & leased to Chiropractor. This dream investment property is zoned NB; neighborhood bus. district, measuring 6850+-sq. ft. It offers nearly a 4.6% cap rate w/ upside. Ponder the possibilities; pure investment, occupy while generating income, site re-development, re-purpose your business. Surrounded by new Residential Developments, a Stellar location, adjacent to the Iconic Park Ridge train Station w/ direct service to NYC Penn Station-a Dream Commute! Contact Angela Cuciniello for more 201. 657-6084. Don't Miss out!

Amenities

This listing is a courtesy of Coldwell Banker, Hoboken
201-798-3300 office, listing agent Angela Cuciniello

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Park Ridge, NJ Real Estate Market

One of the 26 boroughs formed during the Boroughitis phenomenon in 1894, Park Ridge is a small borough in Bergen County in New Jersey state, spanning an area of 2.63 square miles. The borough, which currently is home to around 9,000 people, was created by including the portions of River Vale, Woodcliff Park, Hillsdale and Washington Township. The inspiration behind the borough’s name lies behind its location.

Park Ridge has several places included in the National Register of Historic Places, like John G. Ackerson House, Park Ridge Station, Isaac Debaun House, Wortendyke Barn, Peter D. Perry House and Frederick Wortendyke House. In addition to these, the borough also has Park Ridge’s Pascack Historical Society Museum, which has the world’s only wampum drilling machine.

Situated in the Pascack Valley region in Bergen County, Park Ridge is surrounded by other boroughs of Bergen County, such as River Vale, Hillsdale, Woodcliff Lake and Montvale. Apart from small-sized homes, Park Ridge also has a luxury gated community, called The Bear’s Nest. It has several townhouse-style homes as a part of Bergen County real estate, having various luxury amenities, such as a swimming pool, tennis courts and floral park, to offer. In addition to this, Park Ridge has served as the headquarters of The Hertz Corporation, America’s largest car rental company.
Population:  8,645
Total Housing Units:  3,428
Single Family Homes:  2,921
General Tax Rate (2023):  3.184%
Effective Tax Rate (2023):  2.240%
Compare To Other Towns

Park Ridge Market Indicators

PRICE INDEX

Average Price* (12mo):  $795,906
Homes Sold* (12mo):  59
PRICE INDEX
SINGLE FAMILY HOME SALES

Park Ridge, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  3.184%
Effective Tax Rate (2023):  2.240%
GENRAL TAX RATE - Park Ridge, NJ



Similar Listings in Park Ridge

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 03/31/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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