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Retail Building with Apartments
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238 US-206, Byram Township, NJ 07821

10,000 SF retail building includes two apartments above and highway frontage, with on-site paved parking lots and an elevator.

Property Size10,000 SF
Lot Size2.35 Acres
Days on Market121

Property Features for 238 US-206

General Information

Standard status Active
Size 10,000 SF
Lot size 2.35 Acres
Property subtype Mixed Use, Multifamily, Office, Retail

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

back up generator
elevator
Listing Agency: NAI James E. Hanson - Parsippany
Listed By: John Schilp · License #NJ 7819759
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 6:51PM

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 NAI James E. Hanson - Parsippany

Investment Insights

Based on property information with market context.

This landmark property sits on 2.35 acres and offers a 10,000 SF retail building in immaculate condition, with two apartments located above the retail space. The residential units include one two-bedroom apartment and one single-bedroom apartment. The property also features two paved parking lots, a backup generator, and an elevator serving the retail level.

The building has highway frontage, providing direct visibility from the roadway. It is described as vacant and available immediately, with possible uses including retail, office, or medical.

With its mixed-use layout, in-building amenities, and dedicated parking, the property can support a variety of occupancy arrangements while keeping the retail component connected to the upper residential units.

Key Highlights

  • Landmark property on 2.35 acres with a 10,000 SF retail building in immaculate condition
  • Retail space includes an elevator, with two apartments above (one 2‑BR and one single‑BR)
  • Highway frontage with possible uses including retail, office, or medical

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency HVAC Service Electrical Service Storage Facility Bakery

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 07821, NJ

8,877
Population
3,779
Households
2.3
Avg Household Size
45
Median Age
53%
College-Educated
97%
High-School Grad
42.8 sq mi
ZIP Area
207
Density / Sq Mi
$145,100
Median Household Income
$65,963
Median Earnings
$1,646
Median Rent
$401,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - 10,000 SF retail building includes two apartments above and highway frontage, with on-site paved parking lots and an elevator.
Where is this duplex located?
The property is located at 238 US-206 Byram Township, NJ.
What are key features of this property?
This property features: Landmark property on 2.35 acres with a 10,000 SF retail building in immaculate condition; Retail space includes an elevator, with two apartments above (one 2‑BR and one single‑BR); Highway frontage with possible uses including retail, office, or medical
More about this property
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