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    455 State Rt 23 Wantage, NJ 07461

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    For Lease
    Contact for pricing

    75,128 SF shopping center anchored by high-volume Acme.

    Property size:
    5,000 SF
    Lot size:
    7.22 Acres

    Property Features for 455 State Rt 23

    General Information

    Size
    5,000 SF
    Lot size
    7.22 Acres

    Source: JLL | Parsippany Agent David Townes

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

    Overview

    Grocery Anchored Shopping Center Space

    This 75,128 square foot shopping center is anchored by a high-volume Acme grocery store. The property is a heavily trafficked daily needs shopping center with 393 car parking spaces. Co-tenants include Acme, Lakeland Bank, Snap Fitness, USPS, Great Clips, Eastern Garden, and Brothers Pizza.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Wantage Shopping Plaza, Wantage Hills Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Wantage
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.593805
    Latitude
    41.1976

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    FAQs

    What type of property is this?
    Shopping center - 75,128 SF shopping center anchored by high-volume Acme.
    Where is this shopping center located?
    The property is located at 455 State Rt 23 Wantage, NJ.
    What are key features of this property?
    This property features: - Anchored by a high-volume Acme grocery store.; - 75,128 SF grocery anchored shopping center.; - Heavily trafficked daily needs shopping center.
    (973) 829-4800
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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
    455 State Rt 23 Wantage, NJ 07461
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