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Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
5,750 SF
Building Class
C
Year Built
1989
Price
$1,500,000
Price Per SF
$260.87
Cap Rate
5.70%
NOI
$85,500
Percent Leased
39%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,500 SF
Building FAR
1.10
Lot Size
0.12 AC
Zoning
Business,New Milford - Doctor's office, Retail, UPS, Gym, Animal Hospital, Pilates
Parking
5 Spaces (0.87 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Day Care
  • Security System
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

At Madison Spine & Physical Therapy, the patient is our priority. We pride ourselves on offering results-driven personalized care and attention. Our treatment plans are specifically tailored to your condition and state of health. Manual therapy is always included and everyone is discharged with a full home exercise program. We are committed to you and your health! Madison Spine & Physical Therapy is a family oriented business. When you enter our doors, you become an extension of our family and you are always welcome to call us or drop by with your health concerns. We welcome new family and friends to join us at any of our five locations. We treat all neurological and orthopaedic conditions for patients of all ages. Call us to schedule an appointment. Consultations are free of charge.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
38-00116-0000-00007
Land Assessment
$185,500
Improvements Assessment
$672,800
Total Assessment
$858,300
  • Listing ID: 38777441

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 219 Richmond Ave, New Milford, NJ 07646

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