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Retail Space on Route 23
For Lease
$2,150/Mo

2915 State Rt 23 #3, Newfoundland, NJ 07435

Commercial zoning and shared CAM charges support a range of retail occupancy arrangements.

Space SizeContact for details
Days on Market372

Property Features for 2915 State Rt 23 #3

General Information

Standard status Active
Zoning Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Space Use Retail

Amenities

Natural Gas

Building Details

Year Built 1970
Stories 1
Tenancy Multi
Listing Agency: Re/Max Country Realty
Listed By: Mark Minadeo · License #9133092
Source: Cammarotarealestate
Added: Oct 17, 2025 Changed: Oct 22 Last Checked: Oct 22 at 2:43PM

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 Re/Max Country Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Retail space is available in a strip mall built in 1970. The property has natural gas service, and tenants share CAM charges.

The unit is along Route 23 in the Newfoundland section of West Milford Township. On-site parking accommodates more than 20 vehicles, with road exposure along the route.

Key Highlights

  • Retail unit in a strip mall built in 1970
  • More than 20 on‑site parking spaces
  • Frontage along Route 23 in West Milford Township

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Carpet & Flooring Store Big Box & Wholesale Store Catering 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.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - Commercial zoning and shared CAM charges support a range of retail occupancy arrangements.
Where is this retail space located?
The property is located at 2915 State Rt 23 #3 Newfoundland, NJ.
What is the lease rate?
The lease rate is $2,150/Mo.
What are key features of this property?
This property features: Retail unit in a strip mall built in 1970; More than 20 on‑site parking spaces; Frontage along Route 23 in West Milford Township
More about this property
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