243 Main St New Milford, NJ 07646
Estimated payment $5,187/month
About This Home
Prime Mixed-Use Opportunity in the Heart of New Milford Welcome to 243 Main Street, a rare mixed-use building offering the perfect blend of residential comfort and commercial visibility. Featuring a street-level retail/commercial space and a private apartment upstairs, this property is ideal for an owner-operator, investor, or entrepreneur looking to maximize income potential. Property features 10-11 Parking spaces, commercial space on the bottom, 3 Bedroom 1 full bath apt on top. Set along New Milford's vibrant Main Street corridor, the property enjoys steady foot and vehicle traffic, nearby NJ Transit bus service, and quick access to River Edge rail stations, major highways, and regional shopping destinations including The Shops at Riverside, Bergen Town Center, and Garden State Plaza. Flexible commercial space perfect for boutique retail, professional services, medical office, or caf . Income-producing apartment upstairs for rental income or live-work convenience. High-visibility frontage in a thriving business district with strong demographics. Convenient location close to schools, parks, restaurants, and NYC commuter routes. Whether you're looking for a smart investment with dual income streams or a chance to run your business and live on site, 243 Main Street delivers endless potential. Schedule your private showing today and explore everything this mixed-use gem has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,500
Year Built
- Built in 1975
Parking
- 11 Parking Spaces
Home Design
- Brick Exterior Construction
- Aluminum Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- 7,841 Sq Ft Lot
- One Cooling System Mounted To A Wall/Window
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1138-01306-0000-00005-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,923 | $482,900 | $267,700 | $215,200 |
| 2024 | $16,420 | $419,400 | $191,300 | $228,100 |
| 2023 | $15,614 | $419,400 | $191,300 | $228,100 |
| 2022 | $15,614 | $419,400 | $191,300 | $228,100 |
| 2021 | $15,300 | $419,400 | $191,300 | $228,100 |
| 2020 | $15,119 | $419,400 | $191,300 | $228,100 |
| 2019 | $14,859 | $419,400 | $191,300 | $228,100 |
| 2018 | $12,220 | $354,200 | $191,300 | $162,900 |
| 2017 | $11,972 | $354,200 | $191,300 | $162,900 |
| 2016 | $11,767 | $354,200 | $191,300 | $162,900 |
| 2015 | $11,529 | $354,200 | $191,300 | $162,900 |
| 2014 | $11,186 | $354,200 | $191,300 | $162,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $849,888 | -5.6% | -- |
| 09/04/2025 09/04/25 | For Sale | $899,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Stewart Title | |
| Deed | $405,000 | Stewart Title |
Source: Garden State MLS
MLS Number: 3985723
APN: 38-01306-0000-00005
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