Oak Manor Ridgewood, NJ
Execute CAThe Offering
Address
280-320 Oak Street
Ridgewood, NJ 07450
As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in Oak Manor for sale.
Oak Manor is a 77-unit garden-style apartment community located in Ridgewood, New Jersey— one of the state’s most affluent and desirable suburban markets. The property offers an attractive mix of one, two, and three-bedroom units across eight buildings on 4.14 acres, with strong in-place cash flow and upside through unit renovations.
The community's quiet residential setting, immediate access to one of Bergen County's leading downtowns, and connectivity to NJ Transit make it highly attractive to renters. Oak Manor additionally benefits from Ridgewood’s top-tier school system, affluent demographics, which support long-term rent growth and tenant demand.
Investment Higlights
• Generational garden-style community in one of New Jersey’s most desirable suburban markets, near major employment hubs and transit
• Fully leased property with potential to increase rents through targeted unit upgrades
• Quick access to Route 17, Route 4, and the Garden State Parkway, plus less than one-hour commute to NYC via NJ Transit
• Projected 98%+ occupancy and 3.5% annual rent growth for the next five years, supported by affluent local demographics with an average household income of $192,792 within a 1-mile radius
Location Map
Team
Brokerage Team
Michael Guerra
Senior Financial AnalystCushman & Wakefield
+1 201 460 3374 michael.guerra@cushwake.com
Jonathan Weinstein
Upstate NY Investment SalesCushman & Wakefield
+1 315 720 5270 jweinstein@pyramidbrokerage.com