Windsor Gardens Ridgewood, NJ

Execute CA

The Offering

Address

144-160 South Maple Avenue
Ridgewood, NJ 07450

As an exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in Windsor Gardens, a legacy property held by the original developer’s family for over 60 years.

Windsor Gardens represents a rare opportunity to acquire 30 Market Rate Units in one of New Jersey’s premier markets. The offering is made up of 5 studio units, 20 one-bedroom units, and 5 two-bedroom units. New ownership will be uniquely poised to benefit from historically stable in-place cash flow with the ability to increase rents by over 70% as units turnover.

The property draws from a surrounding affluent resident pool with over 114,000 of people located within a 3-mile radius and boasts an average household income of over $170,000. The area attracts young professionals, seniors, families, and empty nesters due to its suburban feel coupled with its proximity to the region’s major employment drivers. Windsor Gardens offers residents convenient access to several of New Jersey’s major highways including Route 17, Route 4, and Garden State Parkway all within a 10-minute drive.


Investment Highlights

• PRIME LOCATION IN A HIGH-DEMAND MARKET

• STABLE CASH FLOW WITH VALUE-ADD POTENTIAL

• DIVERSE AND DESIRABLE UNIT MIX

• STRONG LOCAL DEMOGRAPHICS

• PROXIMITY TO AMENITIES

Location Map

Sales Inquiries

 

DAVID JARVIS
Executive Managing Director
+ 1 201 508 5240
david.m.jarvis@cushwake.com

DAVID BETESH
Associate
+ 1 718 644 6155
david.betesh@cushwake.com

DAVID OROPEZA
Executive Managing Director
+ 1 201 218 1010
david.oropeza@cushwake.com

MICHAEL GUERRA
Senior Financial Analyst
+ 1 201 460 3374
michael.guerra@cushwake.com