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40 W Ridgewood Avenue

Ridgewood, NJ 07450·Bergen County

Estimated market value

$3,632,035

moderate confidence

range $3,122,257 – $4,141,813

Assessment-implied: $3,701,496; Equalization ratio 0.6052 (2025)
Comparable sales: 9 (below threshold)

Based on 9 comparable sales

Address	Sold	Price
89 N Maple Ave	12/18/2025	$1,899,000
139 Prospect St	12/13/2025	$1,650,000
9-13 E. Ridgewood	9/26/2025	$3,450,000
9 E Ridgewood Ave	9/26/2025	$3,450,000
30-38 Oak St	1/24/2025	$5,650,000
245 E Ridgewood Ave	6/24/2024	$1,717,000
25 W Ridgewood Ave	6/11/2024	$3,400,000
Washington Place	6/11/2024	$550,000
118 Prospect St	10/5/2023	$1,100,000

Last sale

$2,500,000

6/1/2020

4 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

1910

Building size

—

Lot size

0.36 ac

Land description

.357 AC

Building description

1SF

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,856,300

Land value

$666,200

Improvement value

$1,190,100

Last year's tax

$53,257

Sale on tax record

$2,500,000

Deed date

5/15/2020

Zoning

P

Flood risk

FEMA flood zone X· AREA OF MINIMAL FLOOD HAZARD

Outside the 1% annual chance flood area.

Special Flood Hazard Area: No

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Owner name and mailing address are available on Pro.

Sales history

5/15/2020$2,500,000
Bk 3611 / Pg 1017
7/15/2010$3,479,000
Bk 487 / Pg 1614

Date	Price	Book / Page
5/15/2020	$2,500,000	3611 / 1017
7/15/2010	$3,479,000	487 / 1614

Deeds

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Properties on W Ridgewood Avenue

Properties on Block 2201

Frequently asked

When was 40 W Ridgewood Avenue, Ridgewood, NJ 07450 last sold?: 40 W Ridgewood Avenue, Ridgewood, NJ 07450 last sold in 2020 for $2,500,000.
What is the assessed value of 40 W Ridgewood Avenue, Ridgewood, NJ 07450?: 40 W Ridgewood Avenue, Ridgewood, NJ 07450 is assessed at $1,856,300 (land plus improvements).
What is 40 W Ridgewood Avenue, Ridgewood, NJ 07450 worth?: Our model estimates 40 W Ridgewood Avenue, Ridgewood, NJ 07450 at $3,632,035, based on comparable recorded sales nearby.
What kind of property is 40 W Ridgewood Avenue, Ridgewood, NJ 07450?: It is a Commercial Property.

Parcel ID0251·block 2201·lot 12