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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

437 Us-46 Rockaway, NJ 07866

188,594 SF
Property ID
Property summary
AI-generated overview

Rockaway River Commons offers exceptional retail space in a thriving Morris County location. This 188,594 square foot shopping center is situated on a 19.7-acre lot at 437 US-46 in Rockaway, NJ, 07866. The property boasts a strong anchor tenant, ShopRite, along with other established businesses such as TJ Maxx and Dollar Tree. Currently, there are 6,054 square feet of vacant space available, divisible into units ranging from 1,957 to 4,097 contiguous square feet, providing flexibility for various retail concepts. The center features 849 parking spaces for ample customer convenience. Its prime location on Route 46 benefits from a traffic light at the entrance, ensuring high visibility and accessibility. Furthermore, the center offers convenient back-street access, enhancing shopper experience. The prominent Popeye's and Applebee's pad sites further contribute to the property's strong visibility from Route 46. This well-established center presents a unique opportunity for businesses seeking a high-traffic location within a densely populated suburban area. The property's size and existing tenant mix create a vibrant and attractive retail environment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 188,594 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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