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    Mixed-Use Property with 12 Units
    Updated: Aug 13
    Mixed-Use Property with 12 Units

    Newfoundland, NJ 07435

    $1,800,000
    10,000 sqft
    10,000‑square‑foot mixed‑use property built in 1986
    Four commercial units occupy the lower level
    Eight residential units are located upstairs
    All 12 units are currently occupied
    Located near Route 23 in West Milford Township, NJ
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    This listing looks promising.

    Here's a quick look at some key insights for

    7 Oak Ridge Rd, West Milford Twp., NJ 07435

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $154K
      Annual

    • Mortgage

      $1.1M
      Sep 2022

    • Last Sold

      Sep 2022
      $1.6M
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newfoundland, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    Mixed-Use Landmark Building For Sale

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    $9,750,000
    42,000 sqft 0.91 AC lot

    100% leased mixed-use building with parking in Suffern, NY.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    90-100 Orange Avenue, Suffern, NY 10901

    $9,750,000
    0.91 AC lot

    The property combines residential apartments, live-work lofts, and commercial suites in one updated building.

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    Historic Theater with Apartments
    Historic Theater with Apartments

    39 W Black Well St Abcde, Dover, NJ 07801

    $3,750,000
    5,413 sqft 0.46 AC lot

    Historic 1200-seat theater with retail space and apartments.

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    Historic Theater with Retail, Apartments
    Historic Theater with Retail, Apartments

    39 W Black Well St Abcde, Dover, NJ 07801

    $3,750,000
    0.46 AC lot

    Historic 1200-seat theater with retail space and apartments.

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    Newfoundland, NJ Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Newfoundland, NJ on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for two-family homes in Newfoundland, NJ average $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,430
    Population Growth (5Y) -7.6%
    Median Household Income $143,191
    College Educated 51.1%

    Taxes & Financing

    Tax Rate (average for all types) 3.56%
    Property Tax per SF $84.87 per SF
    Tax Rate vs County Average 0.79 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Passaic County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Passaic County

    Residential Income

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