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    11 Us-46 Montville, NJ 07058

    Sponsored
    For Sale
    Contact for pricing

    9,000 SF Retail Building, Prime Location

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,000 square foot freestanding retail building is strategically located at 11 US-46 in Montville, New Jersey, within Morris County. Situated on a generous 3.27-acre lot, this property offers significant visibility and accessibility, benefiting from its prominent position along Route 46, a major thoroughfare known for its concentration of regional and national retailers. The building provides ample parking with 16 spaces available for customers and employees. The property's size and location make it ideal for a variety of retail uses, offering a substantial opportunity for businesses seeking high-traffic exposure. The property is being offered for sale and presents a compelling investment opportunity in a thriving commercial area. Its freestanding nature provides excellent branding opportunities and independent control over the property's aesthetic and functionality. The address is 11 US-46, Montville, NJ 07058. The property's geographic coordinates are latitude 40.8579884 and longitude -74.3436801. This is a rare opportunity to acquire a well-positioned retail space in a high-demand location.

    Property Features for 11 Us-46

    General Information

    Property type
    Retail properties
    Square Feet
    9,000 SF
    Lot Size
    142,441 SF

    HighLights

    • 9,000 SF freestanding retail building on a 3.27‑acre lot.
    • High‑visibility location on US‑46 in Montville, NJ, within a strong retail corridor.
    • Ample parking with 16 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montville
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3436801
    Latitude
    40.8579884

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    FAQs

    What type of property is this?
    Retail property - 9,000 SF Retail Building, Prime Location
    Where is this retail property located?
    The property is located at 11 Us-46 Montville, NJ.
    What are key features of this property?
    This property features: 9,000 SF freestanding retail building on a 3.27-acre lot.; High-visibility location on US-46 in Montville, NJ, within a strong retail corridor.; Ample parking with 16 spaces.
    (908) 668-9600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Us-46 Montville, NJ 07058
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