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    1837 Greenwood Lake Tpke Hewitt, NJ 07421

    For Sale
    Contact for pricing

    1000 sq ft retail space, excellent condition.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1000 square foot commercial space is ideally situated at 1837 Greenwood Lake Turnpike in Hewitt, NJ. The unit boasts a prime location with both front and rear entrances, ensuring high visibility and convenient access. Abundant natural light floods the space through numerous windows, creating a bright and inviting atmosphere. A half bath is conveniently located within the unit. The building itself is in excellent condition, featuring a recently installed new roof. Unit 1 has been freshly painted, enhancing its appeal. The parking lot has recently undergone seal coating and new parking lines have been added, improving both aesthetics and functionality. Landscaping is professionally maintained, contributing to the overall attractive curb appeal. The property sits on a 0.27-acre lot and shares gas and electric utilities. The space is currently part of a building that also houses a pool supply store. The property is zoned LC (Lake Commercial), permitting a variety of retail uses including, but not limited to: craft/specialty shops (art galleries, antique shops, bakeries, book & stationery stores, delis, clothing shops, florists, and specialty sporting goods stores). Restaurants, bars, taverns, and nightclubs are not permitted as individual uses, nor are drive-in businesses. Professional offices, banks, and financial institutions are also not permitted. A deed restriction prohibits any cannabis-related activities on the property. The asking price is $1800.

    Property Features for 1837 Greenwood Lake Tpke

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hewitt
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.34557
    Latitude
    41.14241

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    FAQs

    What type of property is this?
    Commercial real estate - 1000 sq ft retail space, excellent condition.
    Where is this commercial real estate located?
    The property is located at 1837 Greenwood Lake Tpke Hewitt, NJ.
    What is the asking price?
    The asking price for this property is $1,800.
    (201) 670-7373
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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
    1837 Greenwood Lake Tpke Hewitt, NJ 07421
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