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    57-60 Nj-23 Wayne, NJ

    For Lease
    Contact for pricing

    Retail space with high visibility near major routes.

    Property size:
    2,600 SF
    Lot size:
    7.90 Acres

    Property Features for 57-60 Nj-23

    General Information

    Size
    2,600 SF
    Lot size
    7.90 Acres

    Source: Sabre Real Estate Group, LLC Agent Dina Santarelli

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

    Overview

    Retail Space Near Willowbrook Mall

    This retail space, comprising 2,600 square feet, is situated in a busy shopping center with nationally recognized tenants. The location offers regional access from routes 80, 23, and 46, and is strategically located near the Willowbrook Mall. The property benefits from great visibility at a traffic light intersection and a traffic count of 29,500 vehicles per day. Pylon signage is available.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Similar Places Nearby

    Willowbrook Plaza, Sunglass Hut at Macy's, Sunglass Hut, Green dream Releaf, Willowbrook

    Map

    City
    Wayne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2765441
    Latitude
    40.9253725

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility near major routes.
    Where is this shopping center located?
    The property is located at 57-60 Nj-23 Wayne, NJ.
    What are key features of this property?
    This property features: - High traffic count: 29,500 vehicles per day; - Great visibility at traffic light intersection; - Strategically located near Willowbrook Mall
    (516) 874-8070
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    Wayne, NJ
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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
    57-60 Nj-23 Wayne, NJ
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