Business For Sale in Ridgewood, NJ
 

MLS# : 25036071

Street : 29 Chestnut
Price : $250,000
Town : Ridgewood, NJ 07450
General Tax Rate (2023) : 2.804%

PROPERTY DETAILS

Use : Service/Food
Type : Restaurant
Basement : None
Utilities : Sep Elec, Sep Gas

PROPERTY DESCRIPTION

Transform your entrepreneurial vision into reality with this turnkey Italian restaurant that delivers immediate market entry into Bergen County's lucrative upscale dining sector. You'll step into a proven operation generating consistent revenue through an established customer base that values authentic European-style cuisine and premium quality standards. This investment eliminates startup risks while positioning you to capitalize on multiple profit centers. The covered outdoor patio expands your revenue potential during peak seasons, while the BYOB model maximizes your margins by eliminating costly alcohol inventory and licensing complexities. Your customers enjoy corkage-free dining, creating a compelling value proposition that drives repeat business and referrals. You'll benefit from operational systems already perfected through established supplier networks and proven kitchen processes for house-made pasta production. This means reduced learning curves, predictable food costs, and consistent quality that maintains customer loyalty. The diversified menu strategy with rotating specials, gluten-free, and vegetarian options positions you to capture expanding market segments and increase average ticket values.

Amenities

This listing is a courtesy of Gilsenan & Co.
201-445-1600 office, listing agent William C. Ryder

About Ridgewood, NJ Real Estate Market

The small village of Ridgewood is one of the oldest parts of Bergen County in New Jersey state, which got created in 1894 within the boundaries of Ridgewood Township. The actual expansion of Ridgewood happened in 1925 from some portions of Franklin Township. Further expansion of Ridgefield took place after including a few parts of Washington Township in 1971 and Ho-Ho-Kus in 1974.

Ridgewood is spread over 5.80 square miles, with around 25,000 people living there. This village shares its borders with other boroughs like Glen Rock, Ho-Ho-Kus, Wyckoff, Fair Lawn, Paramus, Midland Park, Waldwick, Washington Township and Hawthorne. It also happens to be a suburban community in New York City and is located around 20 miles from Midtown Manhattan. Despite its status as a high-income region, Ridgewood remains a peaceful village with small-sized homes forming a part of New Jersey real estate.

Some of the popular locations in Ridgewood included in the list of the National Register of Historic Places are Ackerman House, David Ackerman House, Ackerman-Van Emburgh House, Archibald-Vroom House, Beech Street School, Paramus Reformed Church, Rathbone-Zabriskie House, Ridgewood Station, Van Dien House, Vanderbeck House, Westervelt-Cameron House and Historic Graydon Pool. Other places of interest in Ridgewood include Graydon Park, Citizens Park, Veterans Field and Ridgewood Wild Duck Pond.
Population:  24,958
Total Housing Units:  8,743
Single Family Homes:  7,435
General Tax Rate (2023):  2.804%
Effective Tax Rate (2023):  1.981%
Compare To Other Towns

Ridgewood Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,282,689
Homes Sold* (12mo):  225
PRICE INDEX
SINGLE FAMILY HOME SALES

Ridgewood, 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):  2.804%
Effective Tax Rate (2023):  1.981%
GENRAL TAX RATE - Ridgewood, NJ



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


Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Real estate inventory
Ridgewood
Homes : $735,000 - 14,000,000 19
Condos : -
Co-ops : -
Twnhs : $675,000 - 675,000 1
2-4 Fam : -
5+ Fam : -
Land : $2,950,000 - 2,950,000 1
Rentals : $2,050 - 5,750 22
Mixd Use : -
Com S : -
Com L : -
Biz : $79,000 - 395,000 6


Similar Listings in Ridgewood

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: 10/10/2025 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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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com