Property profile

2850 State Rt 23rd S Newfoundland, NJ 07435

OFF-MARKET
Commercial real estate
Property ID
US59-1594738
2,612 SF 0.65 ac lot Built 1940
Individually Owned 24-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction FRAME
Total area 2,612 SF
Lot 0.65 ac (28,140 SF)
Zoning code C-2
APN 14 00575-0000-00009
UPID US59-1594738

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2850 State Rt 23rd S Newfoundland, NJ 07435-1473
Newfoundland metro Census 44601 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2025
Last sale
$700,000
1 recorded transaction
2025
$700,000

Zoning & alternative use

C-2 · Newfoundland, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2850 State Rt 23rd S?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message