East Ridgewood Avenue

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  • 67 E Ridgewood Ave Ridgewood New Jersey 07450 United States
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1REC's Take
Pros

✔ Historic charm ✔ High-end retail stores ✔ Strong community feel

Cons

✘ Limited parking ✘ High property taxes ✘ Expensive real estate

Shopper Profile

• Local Residents: Families and professionals • Visitors: Exploring historic downtown • Preferences: Boutique shopping, dining

Successful Retail Uses:
Boutique Shops, Cafes, Local Dining
About Location
A quaint, upscale shopping district that caters primarily to affluent families and older couples. The retail scene consists of high-end boutiques, specialty food stores, and fine dining establishments. Rents are high but can be justified by the affluent clientele and steady foot traffic.
Household Income in Trade Area: $120,000
Retail Sales in Trade Area: $840 million
Population in Trade Area: 150,000
Occupancy
Tenant Sales per Square Foot: $700
Occupancy Rate: 90%
Anchor Tenants: Ridgewood Shopping Center, King’s Food Markets
Tenant Rent/Sales Ratio (%): 14.29%
Rent $ / Visitor (relative cost of the foot traffic): $35.71
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Preferred ISP(s)
Optimum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Low
Union Labor Disharmony Likelihood
Low
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Primary Landlord: Street
Retail Type: Streets & Neighborhoods
Address: 67 E Ridgewood Ave
Ridgewood
New Jersey
07450
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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