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    Newfoundland, NJ
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    Newfoundland, NJ Retail Properties & Spaces for Sale

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    Route 23 Commercial Building
    Updated: Feb 13
    Route 23 Commercial Building

    1856 State Rt 23, West Milford, NJ 07480

    $999,900
    3,750 sqft 1.11 AC lot
    Prominent 3,750 sq ft commercial building on Route 23 with strong highway visibility.
    Built in 2019 with modern interior features: high ceilings, recessed lighting, large display windows, open layout.
    Highway Commercial Zone allows for retail, showroom, gallery, medical, or professional office use.
    Generous on‑site parking.
    Flexible open interior suitable for single occupant or segmented professional suites.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1856 State Rt 23, West Milford Twp., NJ 07480

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $57K
      Annual

    • Mortgage

      $249K
      Oct 2018

    • Last Sold

      Jan 2022
      $925K

    • Property Type

      Commercial (General)
      Built 1935
    View Property Analytics
    Bearfort Shopping Village Retail Center
    Updated: Jun 22
    Bearfort Shopping Village Retail Center

    1632 Union Valley Road, West Milford, NJ 07480

    Contact for pricing
    34,154 sqft 11.80 AC lot
    34,154 square feet across two maintained buildings
    11.8‑acre parcel with ample parking and green space
    91.46% leased with 22 tenants and three vacant suites
    Retail, boutique, and neighborhood service tenant mix
    0.6 miles north of the Shop Rite‑anchored center
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    Three-Bay Auto Repair Facility
    Three-Bay Auto Repair Facility

    101 Otterhole Rd, West Milford, NJ 07480

    $650,000

    Auto repair property with multiple drive-in bays, customer parking, and documented environmental remediation.

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    Mixed-Use Property with Leased Retail
    Mixed-Use Property with Leased Retail

    Hewitt, NJ 07421

    $1,450,000

    Well-leased retail and recently updated residences near Greenwood Lake recreation drive year-round visits.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Space with Walk-In Fridge
    Retail Space with Walk-In Fridge

    Hewitt, NJ 07421

    Contact for pricing

    Existing sink and refrigeration equipment support food, office, or general retail use.

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    Road-Exposed Strip Mall
    Road-Exposed Strip Mall

    Newfoundland, NJ 07435

    Contact for pricing

    Natural gas service and shared CAM charges support the property’s tenant configuration.

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    Storefront Retail Property
    Storefront Retail Property

    1939 Union Valley Road, West Milford, NJ 07421

    Contact for pricing

    Existing sink and walk-in refrigerator accommodate identified food, office, or retail uses.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Newfoundland, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Main Street Mixed-Use Building
    Main Street Mixed-Use Building

    154 Main St, Butler, NJ 07405

    Contact for pricing
    5,326 sqft

    Three-story mixed-use building with development potential in Butler, NJ.

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    Corner Storefront Property
    Corner Storefront Property

    636, 1 Ringwood Ave, Wanaque, NJ 07465

    Contact for pricing

    Corner positioning, display windows, and accessible parking support office, personal-service, and retail applications.

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    Corner Office Unit with Storefront Window
    Corner Office Unit with Storefront Window

    636 Ringwood Avenue #1, Wanaque, NJ 07465

    Contact for pricing

    A large front window supports displays, advertising, and natural light.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    208 Main St, Butler, NJ 07405

    Contact for pricing

    Mixed-use property with first-floor exposed brick and flexible permitted uses under the CBD zone.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Mixed-Use Potential
    Commercial Land with Mixed-Use Potential

    Hewitt, NJ 07421

    $179,000
    1.30 AC lot

    Community commercial zoning offers mixed-use possibilities; a well is needed for the site.

    View details
    Vernon Twp. Land For Sale
    Vernon Twp. Land For Sale

    Main, Vernon, NJ 07462

    $624,900
    4.06 AC lot

    4.06 acre commercial land available in Vernon Twp., New Jersey.

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    Highway Business Commercial Land
    Highway Business Commercial Land

    Sussex, NJ 07461

    $250,000
    6.19 AC lot

    Highway Business zoning supports commercial land use along Rt 94, with a billboard already generating income.

    View details
    Land in Lake Hopatcong Area
    Land in Lake Hopatcong Area

    280 Espanong Rd, Jefferson Twp, NJ 07849

    $85,000
    0.33 AC lot

    Land with potential in a desirable Lake Hopatcong location.

    View details

    Newfoundland, NJ Retail Properties & Spaces Market Trends and Statistics

    Explore 7 retail properties & spaces for sale in Newfoundland, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 37,904 square feet of properties for sale, with an estimated market value of $3,099,900.

    Sale prices for stores in Newfoundland, NJ start at $650,000, averaging $1,033,300, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,430
    Population Growth (5Y) -7.6%
    Median Household Income $143,191
    College Educated 51.1%

    Taxes & Financing

    Tax Rate (average for all types) 3.56%
    Property Tax per SF $84.87 per SF
    Tax Rate vs County Average 0.79 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Passaic County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Passaic County

    Residential Income

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    Most Searched ZIP Codes in Newfoundland, NJ

    • 07421
    • 07480
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