Commercial space For Lease in New Milford, NJ
 

MLS# : 24037376

Street : 370 River Road
Price : $3,900
Town : New Milford, NJ 07646
Annual Taxes : $10,500

PROPERTY DETAILS

Use : Retail
Type : Strip Mall
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Heat/Cool : Baseboard, Central Air, Gas, Hot Air, Hot Water, Radiators
Waterfront : None

PROPERTY DESCRIPTION

MADISON PLAZA:AMAZING STORE FRONT WITH DRIVE-THRU CAFE/BAGE/DELI/SMOOTHIE. NEXT TO NEW MILFORD HIGH SCHOOL.NO PIZZA. EXCELLENT CREDIT SCORE NEEDED, PROOF OF INCOME REQUIREMENTS/FUNDS REQUIRED. CAFE/BAGEL/DELI/SMOOTHIE/ICECREAM.EQUIPMENT AVAILABLE. WONT LAST. TERRIFIC BERGEN COUNTY LOCATION IN CVS PLAZA.TERRIFIC BERGEN COUNTY LOCATION IN CVS PLAZA.NNN LEASE /ADDITIONAL RENT = $1500 P/MONTH PAID BY TENANT. ALL UTILITIES PAID BY TENANT. CERTIFICATE OF OCCUPANCY IS TENANTS RESPONIBILITY.

Amenities

This listing is a courtesy of Coldwell Banker, Alpine/Closter
(201) 767-0550 office, listing agent Andrea DaSilva

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About New Milford, NJ Real Estate Market

Located in the central part of Bergen County in New Jersey state, the borough of New Milford covers an area of 2.32 square miles and is home to around 17,000 people. Deriving its name from the town of Milford in Pennsylvania, the borough of New Milford was formed in 1922 from the portions of Palisades Township after the results of a referendum came out in the same year. As soon as the borough of New Milford was created, Palisades Township got dissolved.

The borough of New Milford is surrounded by other boroughs of Bergen County, like Oradell, Bergenfield, Dumont, Teaneck and River Edge. It also houses a part of New Bridge Landing, along with Teaneck and River Edge.

New Milford suffered from the devastating effects of Hurricane Irene, which caused the flooding of Hackensack River up to 11.84 feet. Due to the rising conditions of flooding, many homes in New Milford besides the river were evacuated with immediate effect. You can find several homes for sale on the main roads of this New Jersey town, which include Madison Avenue, River Road, Boulevard and Milford Avenue. One of such New Jersey houses is the Demarest-Bloomer house, which got included in the National Register of Historic Places.
Population:  16,341
Total Housing Units:  6,362
Single Family Homes:  4,198
General Tax Rate (2023):  3.914%
Effective Tax Rate (2023):  2.410%
Compare To Other Towns

New Milford Market Indicators

PRICE INDEX

Average Price* (12mo):  $644,515
Homes Sold* (12mo):  92
PRICE INDEX
SINGLE FAMILY HOME SALES

New Milford, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  3.914%
Effective Tax Rate (2023):  2.410%
GENRAL TAX RATE - New Milford, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/23/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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