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    2713 State Rt 23 Newfoundland, NJ 07435

    For Sale
    Contact for pricing

    Prime location, ample parking, 300+ sq ft.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial office space, located at 2713 STATE RT 23 Unit 8A2 in Newfoundland, NJ, presents a fantastic opportunity for a variety of professional businesses. Situated in a thriving mixed-use complex, this property boasts a prime off-highway location with abundant parking, ensuring convenient access for clients and employees. The building enjoys a strong tenant mix, including established businesses such as Lakeland Bank, the Post Office, a deli, and an optical shop, creating a vibrant and busy atmosphere. The office itself currently measures approximately 300 square feet and features two rooms ideally suited for professional use. The space shares a common lobby and restroom on the second level, offering a professional and efficient layout. A significant advantage is the potential to expand the office space if future needs require additional square footage. This makes it an adaptable and scalable solution for growing businesses. The property's location within a well-established commercial center, combined with its ample parking and flexible space, makes it an attractive option for businesses seeking a high-visibility and convenient location in Newfoundland, New Jersey. The asking price is $675,000.

    Property Features for 2713 State Rt 23

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -74.44101
    Latitude
    41.04697

    Nearby Comparable

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    Nearby Similar for Sale

    • Contact for pricing
      0.95 Acres

      Newfoundland Commercial Space - Prime Location

      High-visibility corner unit, move-in ready. Retail or office ideal.
      2727 State Rt 23, Newfoundland, NJ 07435
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, ample parking, 300+ sq ft.
    Where is this commercial real estate located?
    The property is located at 2713 State Rt 23 Newfoundland, NJ.
    What is the asking price?
    The asking price for this property is $675.
    (973) 657-9222
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    2713 State Rt 23 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
    2713 State Rt 23 Newfoundland, NJ 07435
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