201-321-5776
55 N Broad St, Ridgewood, NJ for Sale
Bank - FOR SALE
1/8
null | Request Cap Rate

55 N Broad St
Ridgewood, NJ 07450


HIGHLIGHTS

  • 15-Year NNN Ground Lease
  • 3,334 SF Freestanding Building on .38 Acres w/ Drive Thru ATM
  • Directly Across the Street from NJ Transit Train Station

OVERVIEW

This exclusively offered JPMorgan Chase Bank opportunity features a new construction branch scheduled to open in Q1 2027 and secured by a 15-year NNN ground lease. The property is improved with a freestanding bank building that includes a drive-thru ATM, creating a highly visible and convenient banking destination designed to serve both local residents and daily commuters. Positioned directly across from an NJ Transit train station, the property benefits from consistent pedestrian activity and commuter traffic throughout the day. The surrounding trade area includes a mix of established national and regional retailers, including Whole Foods, Capital One, Paris Baguette, and Roots Steakhouse, reinforcing the location's role as an active commercial destination. Nearby traffic counts exceeding 16,000 vehicles per day further support visibility and accessibility. The site encompasses approximately 0.38 acres and provides 22 on-site parking spaces, offering convenient customer access and operational functionality. The combination of a nationally recognized financial institution, a long-term lease structure, and a transit-oriented location creates an investment opportunity supported by both tenant credit quality and durable real estate fundamentals. Investors seeking a passive net lease asset may find value in the property's new construction profile, minimal landlord responsibilities associated with the NNN lease structure, and positioning within an established retail corridor. The property's proximity to daily-needs retailers, transportation infrastructure, and surrounding commercial activity contributes to its long-term relevance within the market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

B-1 and B-2

APN/PARCEL ID

51-03804-0000-00002-01

ASK ABOUT THIS PROPERTY

Marc PalestinaVanRock Commercial Real EstateMore Info
201-321-5776

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Marc PalestinaVanRock Commercial Real EstateMore Info
201-321-5776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.