Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    2405 New Rd Northfield, NJ

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail space available on New Road with high traffic.

    Type:RETAIL
    Property size:
    3,194 SF
    Lot size:
    0.37 Acres
    Added:
    Sep 5, 2025
    Days on Market:
    237
    Last Refresh:
    Apr 5 at 10:42 pm

    Property Features for 2405 New Rd

    General Information

    Standard status
    Active
    Size
    3,194 SF
    Lot size
    0.37 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 2405 New Rd Contact us

    We can help!

    Listing Contact
    Jim Creed
    Jim Creed

    Listing agent Jim Creed

    Listing office CBRE | Saddle Brook

    Listing date Sep 5, 2025

    Source Moodyscre

    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 CBRE | Saddle Brook

    Overview

    Retail Space on New Road

    This retail space offers approximately 3,194 square feet of available area. The property is situated along New Road (Route 9), adjacent to a Wawa location. The site encompasses approximately 0.34 acres. Traffic counts in the area reach 15,982 ADT. The current zoning is C-B.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nick's Pizza Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5653
    Latitude
    39.3625

    Nearby Similar for Sale

    • $1,699,000
      8,800 SF

      Tilton Road Retail Opportunity

      8,800 SF retail property on bustling Tilton Road.
      221 TILTON ROAD, NORTHFIELD, NJ 08225
      View Details
    • $829,000
      2,790 SF

      Northfield Duplex: Turnkey Investment Opportunity

      Two legal homes with three units, fully occupied and renovated.
      322 Northfield Ave, Northfield, NJ 08225-1821
      View Details
    • $595,000

      Northfield Office Building For Sale

      600 SF office building with 1800 SF basement.
      2330 NEW ROAD, Northfield, NJ 08225
      View Details
    • $1,550,000

      Northfield Commercial Building For Sale

      Commercial building with tenant, high visibility, and ample parking.
      1500 Tilton Road, Northfield, NJ 08221-2225
      View Details
    • $157,500

      Northfield Office Condo For Sale

      Second floor office condo with reception, offices, conference room, kitchen.
      1500 Zion Road, Northfield, NJ 08225
      View Details
    • $1,699,000
      8,800 SF

      Other - NORTHFIELD, NJ

      8,800 SF retail property with high visibility and accessibility.
      221 Tilton Rd, Northfield, NJ 08225
      View Details
    • $1,699,000

      Freestanding Retail Property on Tilton

      8,800 SF retail property on Tilton Road in Northfield, NJ.
      221 Tilton Rd Road, Northfield, NJ 08225
      View Details
    • $1,699,000

      Freestanding Retail Property on Tilton

      8,800 SF retail property on Tilton Road in Northfield.
      221 Tilton Rd Road, Northfield, NJ 08225
      View Details
    • $1,500,000

      Prime Commercial Location on Tilton

      High visibility commercial property in Northfield, previously a bank.
      1101 Tilton Road, Northfield, NJ 08225
      View Details
    • $1,695,000

      Northfield Office/Medical Property For Sale

      Commercial property configured for medical use with ample parking.
      1634 New Rd Road, Northfield, NJ 08225
      View Details
    • $15,553
      7,180 SF

      Medical Office with Prime Location

      Commercial property configured for medical use with high visibility.
      1634 New Road, Northfield, NJ 08225
      View Details
    • Contact for pricing
      6,000 SF

      Northfield Office Building For Sale

      6,000 SF office building in the heart of Northfield.
      1622 Tilton Rd, Northfield, NJ 08225
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available on New Road with high traffic.
    Where is this retail space located?
    The property is located at 2405 New Rd Northfield, NJ.
    What are key features of this property?
    This property features: ±3,194 SF Available; Located along New Road (Route 9) adjacent to Wawa; Traffic Count of 15,982 ADT
    (201) 712-5600 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jim Creed
    Jim Creed
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!