Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    26 Industrial Rd West Milford, NJ 07480

    View on Map
    Sponsored
    For Lease
    $8,500 /Mo ($36 SF/Yr)

    Commercial - West Milford Twp., NJ

    Property size:
    2,800 SF
    Lot size:
    6.01 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 25 at 3:06 pm

    Property Features for 26 Industrial Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    Parking features
    Driveway, Parking Lot
    Size
    2,800 SF
    Lot size
    6.01 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1967
    Floors in Building
    1
    Flooring type
    Concrete, Linoleum, Vinyl
    Architectural style
    Other

    We can help!

    Listing Contact
    Mark Werner
    Mark Werner

    Werner Realty

    Listing agent MARK WERNER

    Listing date Mar 20, 2026

    MLS# 3984724 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.

    Learn more

    Property Insight Report

    Overview

    Industrial Space in West Milford

    This commercial property, located in West Milford Township, New Jersey, offers 2,800 square feet of industrial space on a 6.01-acre lot. The property is zoned for industrial use. Please note that the listed price does not include taxes and building charges.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Dental Office Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    West Milford
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.33836
    Latitude
    41.13252

    Nearby Similar for Lease

    • $2,500 /Mo
      243,500 SF

      Functional Warehouse with Outdoor Space

      Commercial warehouse with accessibility and ample outdoor space for lease.
      865 Burnt Meadow Rd, Hewitt, NJ 07421
      View Details
    • New
      $2,500 /Mo
      30,492 SF

      Renovated Commercial Space Available

      Renovated commercial space suitable for office or retail use.
      62 Old Rt 23, Newfoundland, NJ 07435
      View Details
    • $1,500 /Mo
      64,904 SF

      West Milford Retail Opportunity

      Flexible retail space in West Milford Twp., NJ for rent.
      1499 Union Valley Rd, West Milford, NJ 07480
      View Details
    • $1,500 /Mo
      58,370 SF

      West Milford Turnkey Office Space

      Entry-level office space suitable for medical use in West Milford.
      7 Oak Ridge Rd, Newfoundland, NJ 07435
      View Details
    • $2,150 /Mo
      19,166 SF

      Route 23 Retail Opportunity

      Well-maintained retail unit with high visibility on Route 23.
      2915 State Rt 23, Newfoundland, NJ 07435
      View Details
    • $1,500 /Mo

      Union Valley Road Retail Space

      Flexible commercial space near ShopRite with ample parking.
      1499 Union Valley Rd, West Milford, NJ 07480
      View Details
    • $1,367 /Mo

      High-Traffic Storefront with Parking

      586 SF storefront with parking near shopping center.
      1606 Union Valley Rd, West Milford, NJ 07480
      View Details
    • $1,500 /Mo

      Turnkey Medical Office Space

      Entry-level medical office space with ample parking and high visibility.
      7 Oak Ridge Rd, Newfoundland, NJ 07435
      View Details
    • $2,500 /Mo

      Renovated Office Space Available

      Recently renovated office space in prime location, available immediately.
      457 Hamburg Tpke, West Milford, NJ 07480
      View Details
    • Contact for pricing

      High-Traffic Commercial Space Available

      Commercial space in high-traffic area, suitable for various businesses.
      1939 Union Valley Rd, West Milford, NJ 07421
      View Details
    • Contact for pricing

      Retail/Office/Restaurant Space For Rent

      High-traffic location suitable for retail, office, or restaurant use.
      1939 Union Valley Rd, Hewitt, NJ 07421
      View Details
    • $8,500 /Mo
      2,800 SF

      Industrial Property with Retail Storefront

      3,000 SF retail storefront with 2,800 SF gas fill building.
      26 Industrial Rd, West Milford, NJ 07480
      View Details

    FAQs

    What type of property is this?
    Specialty property - 2800 SF industrial space for lease in West Milford.
    Where is this specialty property located?
    The property is located at 26 Industrial Rd West Milford, NJ.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Parking: Includes driveway and parking lot access.; - Forced air heating system in place.; - Flooring consists of concrete, linoleum, and vinyl.
    (973) 657-9222
    Request Owner's contact information
    26 Industrial Rd West Milford, NJ 07480
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26 Industrial Rd
    West Milford, NJ 07480
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    26 Industrial Rd West Milford, NJ 07480
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mark Werner
    Mark Werner
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!