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    1062 Us Hwy, Unit 46 Ledgewood, NJ

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    For Lease
    Contact for pricing

    4,500 SF retail building with highway frontage available for lease.

    Property size:
    4,500 SF
    Lot size:
    0.81 Acres

    Property Features for 1062 Us Hwy

    General Information

    Size
    4,500 SF
    Lot size
    0.81 Acres

    Source: NAI James E. Hanson | Teterboro Agent W. Joshua Levering, SIOR

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

    Overview

    Freestanding Retail Building on Highway

    This 4,500 SF freestanding retail building is available for lease immediately. Situated on 0.525 acres, the building offers excellent exposure and potential for expansion. It features frontage on US Highway Route 46, which intersects with and provides easy access to Route 10 and I-80. Traffic count on US-46 and Howard Blvd is 16,338 vehicles per day. Renovations and upgrades will be tailored to the tenant's needs. An adjacent property is also available for lease, consisting of 2.963 acres with a 30,000 SF flex/retail/warehouse building. The property is located in Ledgewood, NJ.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Ledgewood
    County
    Morris
    State
    New Jersey
    Longitude
    -74.7044425
    Latitude
    40.8501711

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    FAQs

    What type of property is this?
    Retail space - 4,500 SF retail building with highway frontage available for lease.
    Where is this retail space located?
    The property is located at 1062 Us Hwy, Unit 46 Ledgewood, NJ.
    What are key features of this property?
    This property features: - Excellent exposure and frontage on US Highway Route 46.; - High traffic count (16,338 vehicles per day) on US-46 & Howard Blvd.; - Renovations/upgrades tailored to tenant's needs.
    (201) 280-4429
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    1062 Us Hwy, Unit 46 Ledgewood, 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
    1062 Us Hwy, Unit 46 Ledgewood, NJ
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