# 897 Ringwood Ave, Wanaque Boro, NJ 07420

> **TL;DR:** commercial, $1,500,000 ($625/sqft), built 1920, 2,400 sqft. Est. $6,500/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $625 |
| Square Feet | 2,400 |
| Year Built | 1920 |
| Lot Size | 23,958 sqft (0.55 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 67 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Property Highlights

- Built in 1920
- 0.55 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 897 Ringwood Ave, Wanaque Boro, NJ 07420
- **County:** Passaic
- **Coordinates:** 41.03689, -74.29433
- **Google Maps:** https://www.google.com/maps?q=41.03689,-74.29433

## Listing Agent

- **Name:** Roman Drukarov
- **Brokerage:** BHHS Fox & Roach Livingston Sales Office
- **Phone:** 9734543218
- **Email:** Roman.Drukarov@foxroach.com

## Primary Photo

![897 Ringwood Ave - Primary Photo](http://lh.rdcpix.com/611a8d684283b86fd41bee5f773bb0dal-f1014164935r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/897-ringwood-ave-wanaque-boro-nj-07420-4017006)*

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**MLS#:** 4017006 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach,  Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/897-ringwood-ave-wanaque-boro-nj-07420-4017006)

---

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