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Mixed-Use Property with High Ceilings
For Lease
$990,000

425 New Milford Avenue, Dumont, NJ 07628

Two apartments sit above a commercial floor with off-street parking and flexible space for multiple uses.

Space SizeContact for details
Days on Market22

Property Features for 425 New Milford Avenue

General Information

Standard status Active
Property subtype Industrial

Additional Details

Space Use Mixed-Use

Taxes and HOA fees

Annual Taxes $12,685

Building Details

Stories 2
Listing Agency: McSpirit & Beckett Real Estate
Listed By: Maureen McSpirit
Source: Tarvinrealtors
Added: Aug 9 Changed: Aug 29 Last Checked: Aug 29 at 3:54PM

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 combines a commercial first floor with two residential apartments above. The main level contains approximately 2,200 square feet and features 15-foot ceilings, while the upper level provides two spacious apartment units. The residential layout may be reconfigured into a two-bedroom arrangement.

The property offers over 4,000 square feet in total on an oversized lot, along with ample off-street parking. Its combination of commercial and residential components supports a range of owner-user, investment, and entrepreneurial applications.

Key Highlights

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

Property Analytics

Current Use

Duplexes

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

NNN (Triple Net)
Lease Type

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
Rey
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Frequently Asked Questions

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