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    Rockaway, NJ
    Strip Mall

    Rockaway, NJ Strip Malls for Sale

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    Fully Leased Strip Mall
    Updated: Aug 17
    Fully Leased Strip Mall

    176 Us Highway 46, Rockaway, NJ 07866

    $3,999,000
    17,236 sqft 1.32 AC lot
    17,236 SF two‑story strip mall on 1.32 acres
    100% leased with childcare, salon, nail salon, and deli/grill tenants
    Signalized corner at Route 46 East and Franklin Road
    Easy access to I‑80 with Route 46 exposure
    Separate utilities for all tenants
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    This listing looks promising.

    Here's a quick look at some key insights for

    176 Us Highway 46, Rockaway Boro, NJ 07866

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $246K
      Annual

    • Price @ 7% Cap

      $3.51M
      Suggested

    • Last Sold

      Feb 2013
      $380K

    • Property Type

      Commercial (General)
      Built 1997
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rockaway, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Storefront Unit in Strip Center
    Storefront Unit in Strip Center

    Somerville, NJ 08876

    Contact for pricing
    8,200 sqft

    Interior commercial space in a strip center with separate gas and electric metering.

    View details
    Spacious Strip Mall Retail Unit
    Spacious Strip Mall Retail Unit

    21 UNION AVE, Somerville, NJ 08876

    Contact for pricing
    3,280 sqft

    Large retail unit in a busy strip mall with high-visibility major highway frontage and ample parking.

    View details
    Six-Unit Strip Mall
    Six-Unit Strip Mall

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Six-store retail strip mall zoned OBC3, with leases ranging from one to five years on a triple-net basis.

    View details
    Retail Strip Mall For Sale
    Retail Strip Mall For Sale

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Six-store retail strip mall with triple net leases.

    View details

    Rockaway, NJ Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Rockaway, NJ on our real estate platform. These investment opportunities span a total of 17,236 square feet of properties for sale, with an estimated market value of $3,999,000.

    Sale prices for retail strips in Rockaway, NJ average $3,999,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 8
    Banks 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) -0.9%
    Median Household Income $123,828
    College Educated 68.5%

    Taxes & Financing

    Tax Rate (average for all types) 2.74%
    Property Tax per SF $42.18 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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