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    2727 State Rt 23 Newfoundland, NJ 07435

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    For Lease
    $1,300 /Mo

    Retail or office space with two entrances and ample parking.

    Lot size:
    0.95 Acres

    Property Features for 2727 State Rt 23

    General Information

    Standard status
    Active
    Lot size
    0.95 Acres

    Building Details

    Year built
    1984

    Source: WERNER REALTY Agent ULRIKE WUNDRACK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High Visibility Corner Unit

    This high visibility corner unit features two entrances, making it suitable for either retail or office use. The property includes a private restroom, newer laminate floors, and a new HVAC unit. The space is move-in ready and offers multiple layout options, including an open floor plan or private suites with a reception area. It is located in a complex with other tenants such as a vision center, deli, spa, vape shop, medical offices, and professional services. Ample parking is available. The property provides easy access to and from Route 23 South and North, making it a potentially great anchor unit for businesses like a bank or post office.
    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
    -74.397641
    Latitude
    41.018305

    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
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    • $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
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    • $2,150 /Mo
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      Route 23 Retail Opportunity

      Well-maintained retail unit with high visibility on Route 23.
      2915 State Rt 23, Newfoundland, NJ 07435
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    • $1,300 /Mo
      41,382 SF

      Retail Space in West Milford

      Retail space with high traffic and highway exposure in West Milford.
      2727 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
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    • $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

    FAQs

    What type of property is this?
    Retail space - Retail or office space with two entrances and ample parking.
    Where is this retail space located?
    The property is located at 2727 State Rt 23 Newfoundland, NJ.
    What are key features of this property?
    This property features: - High visibility corner unit with 2 entrances and ample parking.; - Move-in ready condition with newer laminate floors and a new HVAC unit.; - Flexible space: open floor plan or private suites with reception area.
    (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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