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    Property profile & analytics
    OFF-MARKET Estimated value $1,175,000
    Commercial real estate

    35 2nd St, Fanwood, NJ 07023-1254

    7,140 SF 0.2 ac lot Built 2021
    Entity Owned Free & Clear
    Property ID
    US59-1302655
    Property summary
    AI-generated overview

    This exceptional commercial retail unit in Fanwood, NJ, presents a prime leasing opportunity. Located at 35 2nd Street, the property boasts a modern exterior with large storefront windows, maximizing natural light and providing excellent visibility for attracting customers. The interior features an open floor plan, offering flexibility for various business types, whether retail or office-based. Updated lighting, a neutral color palette, and durable flooring create a clean and adaptable space ready for immediate occupancy. The unit includes a dedicated utility room for efficient operations and a substantial basement storage area, ideal for inventory or equipment. Ample on-site parking ensures convenient access for both staff and customers, enhancing the overall appeal and accessibility of this location. This property is situated in a high-traffic area, offering significant potential for businesses seeking a thriving location within a vibrant community. The combination of modern aesthetics, functional design, and convenient amenities makes this a highly desirable commercial space. The asking price is $2897 (lease terms to be determined).

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2021
    Total area 7,140 SF
    Lot 0.2 ac (8,925 SF)
    APN 05 00064-0000-00022
    UPID US59-1302655
    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
    Current use
    Occupant on record · Public records
    • The Blowout Lab Hair Salon
    • DiLollo Chiropractic Center PC Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.25M
    CAP Approach CAP
    $1.45M
    Comparable Approach Comparable
    $1.07M
    Blend (final) Blend
    $1.18M
    Owner & transaction history
    352 Union LLC
    352 Union LLC
    since 2026
    Last sale
    $1.0M
    4 recorded transactions
    2026
    $1.4M
    2021
    2021
    $1.0M
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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