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    2727 State Rt 23 Newfoundland, NJ 07435

    For Lease
    $1,300 /Mo ($0.38 SF/Yr)

    Commercial - West Milford Twp., NJ

    Lot size:
    0.95 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 2727 State Rt 23

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    Parking
    10
    Parking features
    Parking Lot
    Lot size
    0.95 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Laminate
    Roof type
    Flat
    Architectural style
    Other

    Werner Realty (973) 657-9222 [email protected]

    Listing agent ULRIKE WUNDRACK (973) 657-9222

    Listing date Oct 19, 2025

    MLS# 3993344 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

    Retail Space in West Milford

    This retail space is located in West Milford Township, NJ, and offers an exceptional location with high-volume traffic and major highway exposure. The property is situated near anchor establishments, including a US Post office, bank, medical facilities, professional services, retail stores, and eateries. It provides easy access from Route 23 South or North. Ample parking is available. The space features an additional rear entrance leading out to a driveway and overlooking a brook. It includes a private restroom, an open space with a large front window, and a built-in counter. High ceilings enhance the space. There is also an additional back room suitable for an office, storage, or kitchenette. The lot size is 0.95 acres, and the zoning is commercial.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Kitchen & Bath HVAC Service Garden Center Electrical Service Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Newfoundland
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.44122
    Latitude
    41.04769

    Nearby Similar for Lease

    • $1,300 /Mo
      41,382 SF

      West Milford Retail/Office Space

      High visibility corner unit, move-in ready, ideal for retail or office.
      2727 State Rt 23, Newfoundland, NJ 07435
      View Details
    • $1,800 /Mo
      58,370 SF

      West Milford Turnkey Office Space

      Entry-level, professionally managed office space suitable for medical use.
      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
    • $675 /Mo

      West Milford Office Space Available

      Office space for rent in mixed-use complex with ample parking.
      2713 State Rt 23, Newfoundland, NJ 07435
      View Details
    • $800 /Mo

      Commercial Space in West Milford

      Commercial property available for rent in West Milford Township, NJ.
      2713 State Rt 23, Newfoundland, NJ 07435
      View Details
    • $1,300 /Mo

      High Visibility Corner Unit

      Retail or office space with two entrances and ample parking.
      2727 State Rt 23, Newfoundland, NJ 07435
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic and highway exposure in West Milford.
    Where is this retail space located?
    The property is located at 2727 State Rt 23 Newfoundland, NJ.
    What is the lease rate?
    The lease rate is $0.38 SF/Yr.
    What are key features of this property?
    This property features: - High volume traffic and major highway exposure on Rte 23 S or N.; - Anchor establishments nearby (US Post, bank, medical, professional, retail, eatery).; - Ample parking with additional rear entrance overlooking brook.
    (973) 657-9222
    Request Owner's contact information
    2727 State Rt 23 Newfoundland, NJ 07435
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    Newfoundland, NJ 07435
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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
    2727 State Rt 23 Newfoundland, NJ 07435
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