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    243 Main St New Milford, NJ 07646

    Sponsored
    For Sale
    $850,000

    Commercial - New Milford Boro, NJ

    Property size:
    1,610 SF
    Lot size:
    0.18 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 243 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mix Use
    Parking features
    Parking Lot
    Size
    1,610 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1975
    Floors in Building
    3
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Real Broker LLC

    Listing agent BENJAMIN RODRIGUEZ (855) 450-0442

    Listing date Dec 30, 2025

    MLS# 3985128 Listing URL

    Copyright © 2026 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

    New Milford Mixed-Use Opportunity

    Located on Main Street in New Milford, this mixed-use property features a street-level retail/commercial space and an upstairs apartment. The property is suitable for an owner-operator, investor, or entrepreneur. The property includes 10 to 11 parking spaces, a commercial space on the bottom floor, and a 3-bedroom, 1-full-bath apartment 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, highways, and shopping destinations, including The Shops at Riverside, Bergen Town Center, and Garden State Plaza. The flexible 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 and is located close to schools, parks, restaurants, and NYC commuter routes. The lot size is 0.18 acres and the property size is 1610 square feet.
    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

    • New
      $850,000
      0.18 Acres

      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 building with retail space and 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 $850,000.
    What are key features of this property?
    This property features: - Mixed-use property featuring street-level commercial space and a 3-bedroom apartment, offering dual income potential.; - High-visibility location on New Milford's Main Street.; - 10-11 on-site parking spaces.
    (855) 450-0442
    Request Owner's contact information
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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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