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$1,500,000
52 Days On Site

897 Ringwood Ave
Wanaque Boro, NJ 07420

For Sale|Business|Active
0
Beds
0
Total Baths
2,400
SqFt
$625
/SqFt
1920
Built
County:
Passaic
Call Now: 201-685-4788
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201-685-4788
897 Ringwood Ave897 Ringwood Ave897 Ringwood Ave897 Ringwood Ave
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Monthly Payment (Est.)

$6,844
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Prime Investment Opportunity: Turnkey Hospitality & Multi-Phase Development Opportunity!!Rarely does a property offer immediate cash flow along with development potential. Situated on a high-visibility deep lot, this multifaceted site is ideal for the strategic investor or owner-operator looking to diversify their portfolio.The Restaurant: Fully renovated, functioning (QSR) restaurant. * New HVAC, plumbing, electrical systems, framing, insulation, bathrooms, etc. * Contemporary dining room with high-end fixtures and a welcoming atmosphere. * Fully equipped with commercial-grade appliances and optimized for high-volume service.Single-Family Rental: Attached to the restaurant is a single-family home, currently utilized as a rental property.The Future: Conceptual Apartment Development!Maximize the "highest and best use" of this land. Included with the sale are professional conceptual drawings for multi-family residential expansion designed by the township engineer.Concept A: 11-units ,1,236sf per unit over 3 floors (knock down all existing structures)Concept B: 5-units, 1,200sf per unit over 2 floors and keep the existing restaurant but knock down the house Concept C: 3-4 units, 1,500sf per unit over 2 floors and keep the existing restaurant but knock down the houseConcept D: 9-units, 1,000sf per unit over 3 floors (knock down all existing structures)Additional Revenue: Active Truck Parking currently generates auxiliary income by leasing out truck parking spots.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
52 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.55 Acres
Year Built 
1920
MLS® Number 
4017006
Status 
Active
Property Tax 
$15,230
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.55
Number Of Stories 
2
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
2400
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
Finished
Cooling 
Central Air
Flooring 
TileWood
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Vinyl SidingWood Siding
Lot Features 
Level
Roof 
Asphalt
Listing courtesy of BHHS FOX & ROACH

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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