2713 Rte 23, Newfoundland, NJ 07435
This 750-square-foot commercial condo unit is ideally situated in a well-established strip mall on Route 23 in Newfoundland, NJ. Its prime location offers excellent visibility and accessibility, being positioned on the corner of the building. The unit boasts large windows, providing ample natural light, and features a welcoming reception area, a bathroom/work area, a utility closet, and several private patient rooms. A separate back entrance adds convenience. Previously used as an orthodontist's office, this versatile space presents numerous possibilities for various professional uses. The unit is currently vacant, although some fixtures and tools may be negotiable. Ample parking is available for both clients and staff. The property is conveniently located next to a dentist's office and across from a bank, ensuring high foot traffic and visibility. Prospective buyers are advised to verify permitted uses with the township. This is a fantastic opportunity to own a well-located commercial space at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.