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    243 Main St New Milford, NJ 07646

    For Sale
    $849,888

    3-Three Story, Multi-Family - New Milford Boro, NJ

    Lot size:
    0.18 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 243 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Parking
    11
    Lot size
    0.18 Acres

    Building Details

    Year built
    1975
    Number of units
    2
    Building materials
    Aluminum Siding, Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Real Broker LLC

    Listing agent BENJAMIN RODRIGUEZ (855) 450-0442

    Listing date Oct 13, 2025

    MLS# 3985723 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building on Main Street

    Located on Main Street in New Milford, this mixed-use building features a street-level retail/commercial space and an upstairs apartment. The property includes 10 to 11 parking spaces. The commercial space is on the bottom floor, and a 3-bedroom, 1-full-bath apartment is located on the top floor. Situated along New Milford's Main Street corridor, the property benefits from foot and vehicle traffic, nearby NJ Transit bus service, and access to River Edge rail stations, major highways, and shopping destinations such as The Shops at Riverside, Bergen Town Center, and Garden State Plaza. The commercial space is suitable for boutique retail, professional services, a medical office, or a café. The upstairs apartment can be used for rental income or live-work. The property has frontage in a business district with access to schools, parks, restaurants, and NYC commuter routes. The lot size is 0.18 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.01824
    Latitude
    40.94564

    Nearby Similar for Sale

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      Spacious Ranch Home with Pool

      Ranch home with in-ground pool in New Milford, NJ.
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    • $849,888
      1,610 SF

      New Milford Mixed-Use Opportunity

      Mixed-use building with retail space and apartment in New Milford.
      243 Main St, New Milford, NJ 07646
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail space and residential apartment in New Milford.
    Where is this mixed-use property located?
    The property is located at 243 Main St New Milford, NJ.
    What is the asking price?
    The asking price for this property is $849,888.
    What are key features of this property?
    This property features: - Prime mixed-use property with street-level commercial space and a private 3-bedroom apartment.; - High-visibility frontage on New Milford's vibrant Main Street.; - 10-11 on-site parking spaces.
    (855) 450-0442
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    New Milford, NJ 07646
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 Main St New Milford, NJ 07646
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