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Three-Bedroom Residential Income Property
New
For Lease
$3,100/Mo

70 Prospect Avenue, New Milford, NJ 07646

Second-floor residence includes a private entrance, covered porch, and in-unit laundry.

Space SizeContact for details
Days on Market5

Property Features for 70 Prospect Avenue

General Information

Standard status Active
Property subtype 2 Family

Additional Details

Utilities to Site Yes

Amenities

private entrance
covered porch
private driveway
modern kitchen
in-unit Samsung washer/dryer
multi-zone split-unit AC
baseboard heating
Listing Agency: Coldwell Banker, Ridgewood
Listed By: Jason Levine
Source: Tarvinrealtors
Added: Aug 1 Changed: Aug 5 Last Checked: Aug 5 at 4:29AM

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 Coldwell Banker, Ridgewood

Investment Insights

Based on property information with market context.

This second-floor residential income property offers a 3-bedroom, 2-bathroom layout with a private entrance, covered porch, and private driveway. The apartment includes a modern kitchen, in-unit Samsung washer/dryer, multi-zone split-unit AC, and baseboard heating. Water and lawn maintenance are included, while the tenant is responsible for gas and electric.

The property is situated on a quiet dead-end street bordering Grant street park. Houses of worship and schools are located nearby, providing convenient access to established community amenities.

Key Highlights

  • 3‑bedroom, 2‑bathroom second‑floor apartment
  • Private entrance, covered porch, and private driveway
  • Modern kitchen with in‑unit Samsung washer/dryer

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Garden Center Home Appliance 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

283
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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Second-floor residence includes a private entrance, covered porch, and in-unit laundry.
Where is this residential income property located?
The property is located at 70 Prospect Avenue New Milford, NJ.
What is the lease rate?
The lease rate is $3,100/Mo.
What are key features of this property?
This property features: 3‑bedroom, 2‑bathroom second‑floor apartment; Private entrance, covered porch, and private driveway; Modern kitchen with in‑unit Samsung washer/dryer
More about this property
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