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$850,000
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Property Description
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.
Full Property Details
Full Property Details for 243 Main St
General
- Price: $850,000
- Taxes: $8,500 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3985723
- Updated: 12/30/2025
- Added to Site: 136 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- County: Bergen
- Driving Directions: google maps
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding, Brick
- Roof: Asphalt Shingles
- Year Built: 1975
Unit Information
Unit 1
- Unit Description: See Remarks
- Square Feet: 700
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: See Remarks
- Square Feet: 900
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 75 x 102
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $215,200
- Land Assmt: $267,700
- Tax Amount: $8,500
- Tax Year: 2024
Disclosures and Reports
- Block: 1306
- Lot Number: 5
Listed by Real
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Schools
Schools serving 243 Main St
School District:New Milford Borough School District
| Name | Grades | Distance |
|---|---|---|
New Milford High School, New Milford, NJ 330 River Road, New Milford, NJ 07646 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 243 Main St
Date
Details
Price
Change
Source
12/30/2025
Price Increased
$850,000
0.01%
MLS
10/13/2025
Price Reduced
$849,888
-5.57%
MLS
9/04/2025
Listed
$899,999
122.22%
MLS
2/27/2015
Sold
$405,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 243 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,923
8%
$482,900
15%
2022
$15,614
2%
$419,400
—
2021
$15,300
25%
$419,400
18%
2018
$12,220
2%
$354,200
—
2017
$11,972
-19%
$354,200
-16%
2019
$14,859
26%
$419,400
18%
2016
$11,767
2%
$354,200
—
2015
$11,529
3%
$354,200
—
2014
$11,186
2%
$354,200
—
2013
$10,931
—
$354,200
—
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 243 Main St
243 Main St, New Milford, NJ 07646 (MLS# 3985723) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 243 Main St is currently listed for $850,000 and was received on September 04, 2025. Want to learn more about 243 Main St? Do you have questions about finding other Multi-Family real estate for sale in New Milford? You can browse all New Milford real estate or contact a Coldwell Banker agent to request more information.

