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Multifamily Investment Property
For Sale
$850,000

243 Main Street, New Milford, NJ 07646

Residential income property available for sale on Main Street.

Property SizeContact for details
Days on Market158

Property Features for 243 Main Street

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,500

Amenities

4
3
3.0
9
No Basement
Aluminum Siding, Brick

Building Details

Year Built 1970
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: William E. Barraza · License #294185
Source: Compass
Added: Mar 9 Changed: Aug 8 Last Checked: Jul 23 at 8:10AM

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 Keller Williams Realty - NJ Metro Group

Investment Insights

Based on property information with market context.

This multifamily residential income property is offered for sale. The listing reflects a residential income use within the “other multifamily” category.

The property is located at 243 Main Street in New Milford, NJ 07646.

Additional details such as building size, unit mix, condition, and any included amenities were not provided with this listing information.

Key Highlights

  • 4‑bedroom home with 3 full baths
  • 9 total rooms
  • No basement

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Parts Store Daycare Center Carpet & Flooring Store Home Appliance Store Storage Facility 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

385
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Residential income property available for sale on Main Street.
Where is this multifamily property located?
The property is located at 243 Main Street New Milford, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4‑bedroom home with 3 full baths; 9 total rooms; No basement
More about this property
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