Building Details

Year Built 1970

Listing Agency: RE/MAX COUNTRY REALTY n***@aol.com Show Phone

Listed By: MARK MINADEO · License #9133092

Source: Luminancerealty

Added: Jul 28 Changed: Aug 30 Last Checked: Aug 30 at 12:53AM

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Investment Insights

Based on property information with market context.

This strip mall was constructed in 1970 and has been maintained over time. The property includes a spacious unit, natural gas service, and an on-site parking area accommodating more than 20 vehicles. Tenants share CAM charges.

The property fronts State Rt 23 at 2915 State Rt 23 in West Milford Township, New Jersey. It is situated in the Newfoundland section of West Milford and benefits from exposure along the route.

Key Highlights

• On‑site parking lot for 20 + vehicles
• Located on State Rt 23 in West Milford Twp., NJ 07435
• Situated in the Newfoundland section of West Milford

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Plumbing Service Daycare Center Pet Grooming Service

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

15

Businesses Nearby

Explore this area Business Placement

Demographics for 07435, NJ

2,188

Population

1,353

Households

1.6

Avg Household Size

49

Median Age

38%

College-Educated

100%

High-School Grad

12.6 sq mi

ZIP Area

174

Density / Sq Mi

$143,191

Median Household Income

$59,881

Median Earnings

$2,091

Median Rent

$465,200

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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What type of property is this? Where is this strip malls located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Natural gas service and shared CAM charges support the property’s tenant configuration.

Where is this strip mall located?

The property is located at 2915 State Rt 23 Newfoundland, NJ.

What are key features of this property?

This property features: On‑site parking lot for 20 + vehicles; Located on State Rt 23 in West Milford Twp., NJ 07435; Situated in the Newfoundland section of West Milford