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Renovated Apartment with Updated Kitchen
For Lease
$2,100/Mo

163 Center Street 2, New Milford, NJ 07646

The second-floor residence includes one bedroom, one bath, and utilities in the rent.

Space SizeContact for details
Days on Market14

Property Features for 163 Center Street 2

General Information

Standard status Active
Property subtype 2 Family

Additional Details

Utilities to Site Yes
Listing Agency: Coldwell Banker, Ridgewood
Listed By: Marian Sasson-Albornoz
Source: Tarvinrealtors
Added: Sep 23 Changed: Sep 28 Last Checked: Oct 5 at 9:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker, Ridgewood

Investment Insights

Based on property information with market context.

This second-floor apartment has one bedroom and one bathroom. Recent work includes new flooring, fresh interior paint, updated lighting, and a renovated kitchen outfitted with new appliances. Utilities are included in the rent.

The property is in New Milford, near shopping, dining, parks, major roadways, and transportation options.

Key Highlights

  • Second‑floor apartment with 1 bedroom and 1 bathroom
  • Renovated kitchen with new appliances
  • New flooring, fresh paint, and updated lighting

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Auto Parts Store Food Market Restaurant (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 07646, NJ

16,923
Population
6,428
Households
2.6
Avg Household Size
42
Median Age
48%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
7,358
Density / Sq Mi
$113,513
Median Household Income
$62,266
Median Earnings
$1,722
Median Rent
$554,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The second-floor residence includes one bedroom, one bath, and utilities in the rent.
Where is this multifamily property located?
The property is located at 163 Center Street 2 New Milford, NJ.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: Second‑floor apartment with 1 bedroom and 1 bathroom; Renovated kitchen with new appliances; New flooring, fresh paint, and updated lighting
More about this property
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