Commercial space For Lease in Norwood, NJ
MLS# : 25039267
PROPERTY DETAILS
PROPERTY DESCRIPTION
Exceptional opportunity to buy this two-story building in the heart of Norwood, New Jersey. The property features private on-site parking, excellent visibility, and is suitable for a range of different uses. The first floor is owner occupied by a kitchen design and cabinetry showroom, with multiple display kitchens, and workspace areas. The second floor is leased to an established office tenant, providing steady rental income and long-term stability. This property is ideal for an owner user or investor seeking a quality commercial asset with income in place. The kitchen design showroom business currently occupying the first floor is also available for purchase, offering the option to acquire both the real estate and an established business together or separately. The building is in excellent condition and reflects pride of ownership throughout. With strong visibility and convenient access from major roadways, this Norwood property offers lasting value and opportunity for an owner operator or investor.
Amenities
This listing is a courtesy of Keller Williams Town Life
201-894-8004 office, listing agent Paul T. Skiadas
About Norwood, NJ Real Estate Market
The borough of Norwood was created using the portions of Harrington Township in 1905, as a result of an act of the New Jersey Legislature. Even before that, the present-day territory of Norwood was a prominent part of Harrington Township, between the Hudson River in the east and Saddle River in the west. The population in Norwood began settling in 1686 by many families from the Dutch Republic, who used the Tappan Patent to purchase lands in the territory. Before that, the Lenni Lenape native Americans roamed in the territory. However, now you can have small-sized houses for sale in this part of New Jersey.
There are dense forests surrounding the borough of Norwood, which are home to many species, such as turtles, deer, rabbits, foxes and coyotes. The gradual rise in the human population started interfering with the existing wildlife.
| Population: | 5,711 |
| Total Housing Units: | 2,007 |
| Single Family Homes: | 1,798 |
| General Tax Rate (2023): | 2.645% |
| Effective Tax Rate (2023): | 2.163% |
| Compare To Other Towns |
Norwood Market Indicators
PRICE INDEX
| Average Price* (12mo): | $976,993 |
| Homes Sold* (12mo): | 35 |
SINGLE FAMILY HOME SALES
Norwood, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.645% |
| Effective Tax Rate (2023): | 2.163% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
