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Mixed-Use Property with Apartments
For Sale
$990,000

425 New Milford Avenue, Dumont, NJ 07628

Two-level configuration pairs commercial space with two upper-floor apartments and off-street parking.

Property SizeContact for details
Days on Market11

Property Features for 425 New Milford Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Stories 2
Listing Agency: McSpirit & Beckett Real Estate
Listed By: Maureen McSpirit
Source: Tarvinrealtors
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 29 at 3:40PM

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 McSpirit & Beckett Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property provides over 4,000 square feet across two levels on an oversized lot. The first floor contains approximately 2,200 square feet of commercial space with 15-foot ceilings, creating a substantial open area for business operations or reconfiguration. Two apartments occupy the second floor, with a layout that may be adapted into a two-bedroom arrangement.

The property also includes ample off-street parking, adding practical convenience for occupants and visitors. Its combination of commercial space, residential units, generous floor area, and flexible interior configuration supports consideration by an owner-user, investor, or entrepreneur.

Key Highlights

  • Over 4,000 square feet across a two‑level mixed‑use property
  • Approximately 2,200 square feet of commercial space on the first floor
  • 15‑foot ceilings on the first floor

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Auto Parts Store Spa & Massage Center (Bike/Boat/Book/etc) 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Demographics for 07628, NJ

17,863
Population
6,781
Households
2.6
Avg Household Size
43
Median Age
47%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,402
Density / Sq Mi
$125,585
Median Household Income
$60,663
Median Earnings
$1,778
Median Rent
$469,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Two-level configuration pairs commercial space with two upper-floor apartments and off-street parking.
Where is this mixed-use property located?
The property is located at 425 New Milford Avenue Dumont, NJ.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Over 4,000 square feet across a two‑level mixed‑use property; Approximately 2,200 square feet of commercial space on the first floor; 15‑foot ceilings on the first floor
More about this property
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