Listing Agency: CBRE | Allentown j***@cbre.com Show Phone

Listed By: Jody King · License #PA Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 21 Last Checked: Aug 21 at 6:33AM

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Investment Insights

Based on property information with market context.

The property is a 1,990 square foot former bank branch situated on a 0.22-acre lot. It benefits from strong visibility at the corner of Main Street. The location is minutes from Route 94, approximately 7 miles from Route 15, and approximately 16 miles from I-80.

Key Highlights

• Strong visibility on the corner of Main St
• 1,990 SF former bank branch
• .22 Acre lot

Property Analytics

Property Profile

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Storage Facility Daycare Center Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

814

Businesses Nearby

16k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 51% Dining 49%

Dollar General Shops & Services

8,313 visits/mo 0.1 miles

Dunkin' Donuts Dining

7,853 visits/mo 0.4 miles

Demographics for 07860, NJ

25,704

Population

11,473

Households

2.2

Avg Household Size

46

Median Age

40%

College-Educated

95%

High-School Grad

100.2 sq mi

ZIP Area

257

Density / Sq Mi

$104,113

Median Household Income

$53,509

Median Earnings

$1,437

Median Rent

$336,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Bank - 1,990 SF former bank branch on a .22 acre lot.

Where is this bank located?

The property is located at 197 Main Street Newton, NJ.

What are key features of this property?

This property features: Strong visibility on the corner of Main St; 1,990 SF former bank branch; .22 Acre lot