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Retail Space with Dedicated Parking
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75 State Rt 23, Franklin, NJ 07416

Commercial property along Route 23 offers customer access for retail, office, medical, professional, or service businesses.

Property Size2,000 SF
Price / SF$1.15
Days on Market27

Property Features for 75 State Rt 23

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 11

Building Details

Year Built 1940
Listing Agency: COLDWELL BANKER REALTY
Listed By: CHRISTOPHER OHAB · License #301258
Source: Luminancerealty
Added: Aug 3 Changed: Aug 29 Last Checked: Aug 29 at 7:25PM

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 REALTY

Investment Insights

Based on property information with market context.

The property is an approximately 2,000-square-foot retail space constructed in 1940. It includes an exclusive 11-space lot and offers convenient customer access. The commercial setting supports retail, office, medical, professional, or service-based business operations, as described for the property.

Located at 75 State Rt 23 in Franklin Boro, New Jersey, the property sits within a major retail and business corridor in Sussex County. Route 23 is described as carrying significant daily traffic, providing exposure to passing motorists. The site combines an established commercial building, dedicated parking, and a location along a heavily traveled commercial roadway.

Key Highlights

  • Approximately 2,000 square feet of commercial space
  • Exclusive 11 space lot
  • Positioned on Route 23 in Franklin Boro

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Auto Parts Store Parking Lot & Garage

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

129
Businesses Nearby

Demographics for 07416, NJ

5,615
Population
2,837
Households
2
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
460
Density / Sq Mi
$90,869
Median Household Income
$50,978
Median Earnings
$1,346
Median Rent
$263,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property along Route 23 offers customer access for retail, office, medical, professional, or service businesses.
Where is this retail space located?
The property is located at 75 State Rt 23 Franklin, NJ.
What are key features of this property?
This property features: Approximately 2,000 square feet of commercial space; Exclusive 11 space lot; Positioned on Route 23 in Franklin Boro
More about this property
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