Real Estate
Investor Buys West Caldwell Building Housing Kiddie Academy For $3.5M: Report
An "anonymous private investor" has purchased the building that houses Kiddie Academy in West Caldwell, a report says.
WEST CALDWELL, NJ — An “anonymous private investor” has purchased the building that houses Kiddie Academy in West Caldwell, a report says.
According to NJBiz, real estate firm Marcus & Millichap announced Monday that its client – an unnamed developer – sold the 11,500-square-foot building at 810 Passaic Avenue for $3.5 million.
The New Jersey County Tax Boards Association database states that the property, built in 1965, was recently owned by Denville-based H Lane Enterprises Inc.
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The property's value was assessed at $2,892,800 in 2015, the database states.
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