Date
Details
Price
Change
Source
1/12/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,450,000 Just Listed
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Property Description
Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. Lender may require flood insurance.
Full Property Details
Full Property Details for 24 Little Falls Rd
General
- Price: $1,450,000
- Taxes: $15,779 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4004675
- Updated: 1/12/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Includes: Building Insurance, Building Maintenance
- Lease Terms: Options Available
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 5
Additional Information
- Equipment: Fire Alarm, Restrooms - Private, Sign - Building, Sign - Freestanding, Smoke Detector
Parking
- Garage Spaces: 23
- Parking: Blacktop
Location
- County: Essex
- Driving Directions: Rt 46 to Fairfield Rd to Little Falls Rd
- Location Details: Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, See Remarks
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Cable TV Available
Structural Information
- Construction: Formed Concrete
- Exterior Const.: Brick/Block, Concrete
- Basement: Yes
- Basement Desc.: Partial
- Roof: Flat
- Ceiling Height: 9
- Door Dimensions: 7
- Stories in Building: 1
- Square Feet: 4,584
- Aprox. Leasable: 4,584 Sq. Ft.
- Office: 4,584 Sq. Ft.
- Year Built: 1979
- Remodeled/Updated: 2015
Lot Features
- Lot Size (Acres): 0.66
- Lot Size: 140X206
- Zoning: Commercial
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $350
- Expenses: Insurance, Maintenance - Exterior, Taxes, Trash
- Assessment Amount: $768,600
- Land Assmt: $308,500
- Tax Amount: $15,779
- Tax Year: 2024
- Owner Pays: Hot Water, Maintenance-Common Area, Snow Removal
- Tenant Pays: Electric, Heat, Trash Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1607-02703-0000-00025-0000-
- Block: 2703
- Lot Number: 25
Listed by Re/Max Select
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Listing agent
— 24 Little Falls Rd —
Re/Max Select
973-575-6005
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Price & Sales History for 24 Little Falls Rd
Tax History
Tax History for 24 Little Falls Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,417
4%
$768,600
—
2023
$15,779
2%
$768,600
—
2022
$15,395
-1%
$768,600
—
2021
$15,580
20%
$768,600
29%
2018
$12,998
—
$594,600
—
2017
$13,034
—
$594,600
—
2016
$13,099
9%
$594,600
—
2015
$12,005
-11%
$594,600
—
2019
$13,491
17%
$594,600
—
2013
$11,517
—
$594,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24 Little Falls Rd
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24 Little Falls Rd, Fairfield, NJ 07004 (MLS# 4004675) is a Retail property. 24 Little Falls Rd is currently listed for $1,450,000 and was received on January 12, 2026. Want to learn more about 24 Little Falls Rd? Do you have questions about finding other Retail real estate for sale in Fairfield? You can browse all Fairfield real estate or contact a Coldwell Banker agent to request more information.