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    12 Madison St Pequannock Township, NJ 07440

    For Lease
    Contact for pricing

    Commercial land with high traffic volume available for ground lease.

    Lot size:
    0.39 Acres

    Property Features for 12 Madison St

    General Information

    Lot size
    0.39 Acres

    Source: R.J. Brunelli & Co Agent Mario Brunelli

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

    Overview

    Commercial Land For Lease

    This commercial land is zoned C-2, which allows for a wide range of commercial uses. It is available for ground lease. The property benefits from high traffic volume, with over 64,000 cars passing by daily on Route 23. Multiple ingress and egress points enhance accessibility for customers. The property offers prominent visibility, ensuring maximum exposure and marketing opportunities for businesses operating on-site. An additional 0.39 acres of land can be made available if needed.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pequannock Township
    County
    Morris
    State
    New Jersey
    Longitude
    -74.2799322
    Latitude
    40.9517562

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic volume available for ground lease.
    Where is this commercial land located?
    The property is located at 12 Madison St Pequannock Township, NJ.
    What are key features of this property?
    This property features: - High Traffic Volume: Over 64,000 cars passing by daily on Route 23.; - High Visibility: The property offers prominent visibility.; - Commercial Zoning (C-2): Allows for a wide range of commercial uses.
    (786) 570-9723
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    12 Madison St Pequannock Township, NJ 07440
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    Pequannock Township, NJ 07440
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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
    12 Madison St Pequannock Township, NJ 07440
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