40 Park Lane Rd New Milford, CT 06776
Estimated payment $1,901/month
About This Lot
Great opportunity! Purchase this commercial property with significant road frontage on State Road 202/Park Lane. Repurpose the existing building or redevelop the site. There is almost a half-acre of land to make your plans a reality. There are several "As of Right" uses in the B-1 zone (subject to site plan approval). These include but are not limited to: Business and Professional Offices, Banks, Retail Shops Offering Goods and/or Services, Various Food Uses including Restaurants, etc. Other successful business ventures adjacent to and across the road from this property make this a potential winner!
Listing Agent
Alliance R.E. Consultants Brokerage Phone: (203) 733-7322 License #RES.0821267 Listed on: 12/03/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,912
Lot Details
- 0.43 Acre Lot
- Property fronts a state road
- Corner Lot
- Property is zoned B1
Listing and Financial Details
- Assessor Parcel Number 1874329
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 | $3,854 | $126,370 | $74,290 | $52,080 |
| 2024 | $3,762 | $126,370 | $74,290 | $52,080 |
| 2023 | $3,662 | $126,370 | $74,290 | $52,080 |
| 2022 | $3,583 | $126,370 | $74,290 | $52,080 |
| 2021 | $3,535 | $126,370 | $74,290 | $52,080 |
| 2020 | $3,730 | $130,060 | $74,270 | $55,790 |
| 2019 | $3,733 | $130,060 | $74,270 | $55,790 |
| 2018 | $3,664 | $130,060 | $74,270 | $55,790 |
| 2017 | $3,544 | $130,060 | $74,270 | $55,790 |
| 2016 | $3,482 | $130,060 | $74,270 | $55,790 |
| 2015 | $3,618 | $135,240 | $74,270 | $60,970 |
| 2014 | $3,557 | $135,240 | $74,270 | $60,970 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $299,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $57,000 | Commercial | |
| Closed | $95,000 | Commercial | |
| Previous Owner | $70,000 | Commercial |
Source: SmartMLS
MLS Number: 24141826
APN: 43 1 11
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