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Property profile & analytics

2727 State Rt 23 Newfoundland, NJ 07435

  • Commercial real estate
  • 0.95 lot acres
Value Estimation
Location Intelligence
Property ID
US59-1618732
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2727 State Rt 23

Year built
1972
Lot size
0.95 lot acres
Property type
Commercial real estate
APN
15 14605-0000-00002
APU
1514605000000002

Description

This exceptional 0.95-acre commercial property, located at 2727 State Route 23, Unit 1, Newfoundland, NJ, presents a unique opportunity for a variety of businesses. The high-visibility corner unit boasts two convenient entrances, making it easily accessible to customers. The interior offers versatile space, perfect for either a single open floor plan or the creation of private suites with a dedicated reception area. A private restroom is included for added convenience. Recent upgrades include newer laminate flooring and a brand-new HVAC unit, ensuring a comfortable and modern workspace. The property's strategic location offers easy on/off access to Route 23, both north and south. Ample parking is available for tenants and customers. This thriving commercial center is anchored by a bank and post office, and is home to a diverse range of businesses including a vision center, deli, spa, vape shop, and medical and professional offices. The asking price is $1300 (monthly rent presumably, but this is not explicitly stated in the source material). This move-in ready space is an excellent opportunity for a business seeking a high-traffic location with strong neighboring businesses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Newfoundland
County
Passaic
State
New Jersey
Longitude
-74.4413
Latitude
41.0476
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,750
$202,800
$797,200
$1,000,000
-
$202,800
$797,200
$1,000,000
More about this property
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