Listing Details

243 Main Street,New Milford Boro, NJ 07646

  • March 14, 2026

Description

Prime Mixed-Use Opportunity in the Heart of New Milford! Rare, 3 story building offering the PERFECT blend of residential comfort and commercial visibility!Flexible and well-maintained commercial space perfect for boutique retail, professional services, medical offices, or a cafe. Featuring a street-level retail/commercial space and a private apartment upstairs, this property is perfect for an owner-operator, investor, or entrepreneur looking to maximize income potential. The property features a commercial space with a full bathroom on the ground floor, plus a three-bedroom apartment with 1 full bathroom on the upper floors. Located on New Milford’s Main Street corridor, the property enjoys steady foot and vehicle traffic. Income-producing apartment upstairs for rental income or live-work convenience. (Nearby NJ bus service, as well as access to rail stations, highways, and shopping. Convenient location close to schools, parks, restaurants, and NYC commuter routes.

Details

Last Updated On: March 14th, 2026 at 12:30 am
Property ID:PT-31604611-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 850,000 $
Bedrooms:4
Year Built:1975

Additional Details

Listing Details

Status: Active

Location

County: Bergen
Lotsize: 75X102
Lot Identifier: 5
Lot Description: Corner
Lot Identifier: 5

Home Details

Open Parking: 10
Basement: No
Acreage: 0.18
Total Baths: 3.00
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 9
Easement/Desc: Unknown
Exterior Description: Aluminum Siding, Brick
Roof Description: Asphalt Shingle
Possesion: At Closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
Unit 1 Levels: 2
Unit 1 Rooms: 2
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 700
Unit 1 Rent: 999
Unit 1 Room Description: Eat-In Kitchen, Family Room, Kitchen, Living Room, Storage
Unit 1 Security Deposit: 999
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Dryer, Washer
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 1
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 900
Unit 2 Rent: 999
Unit 2 Room Description: Bedrooms, Dining Room, Family Room, Kitchen, Laundry Room, Living Room
Unit 2 Security Deposit: 999
Garage Description: Carport-Attached
Block Identifier: 1306
County Number: 11
Town Number: 1138
YB/Desc: 1975 - Approximate
Easement: Unknown
Parking/Driveway Description: Concrete
Block Identifier: 1306
County Number: 11
Town Number: 1138
Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 999
Net Operating Income: 999
Tax ID For Property: 1138-01306-0000-00005-0000-
Tax Amount: $10,517.00
Tax Year: 2025
Tax Rate: 2.178%
Tax Rate Year: 2025
Land Assessment: $267,700.00
Building Assessment: $215,200.00
Total Assessment: $482,900.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Water: Public Water
Sewer: Public Available
Utilities: Gas-Natural

Features

  • Blinds
  • Carbon Monoxide Detector
  • Curbs
  • Drapes
  • Partially Fenced
  • Privacy Fence
  • See Remarks
  • Sidewalk
  • Wood Floors

Statistics

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