Turnkey, fully occupied retail strip center on Route 46 in Rockaway Township, Morris County. The 17,236 SF, two story building sits on 1.32 acres at the signalized corner of Route 46 East and Franklin Road, offering excellent highway visibility and easy access to I-80.The property is 100% leased with a diverse, service based tenant mix including a childcare center, hair salon, nail salon, and deli/grill, giving the center strong daily traffic and repeat customer draw. All tenants have separate utilities. A brand new roof was installed in July 2026, reducing near term capital expenditure for a new owner.This is a stabilized, income producing asset in a high visibility Route 46 location.
| MLS # | 4045941 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 64 |
| Listing Provided By | KELLER WILLIAMS VILLAGE SQUARE | MEENA R. PATEL |
| Story(s) | 2 |
|---|---|
| Units | 5 |
| Zoning | Commercial |
| Acreage | 1.00 |
| Property | 75948 |
|---|
| State | NJ |
|---|---|
| County | Morris |
| City | Rockaway Boro |
| Zip Code | 07866 |
| Area | Morris |
| Listing VS Median (in 07866) | |
Price: $3,999,000 low | high Med: $550,000 On site: 64 low | high Med: 21.5 | |
| State | NJ |
|---|---|
| County | Morris |
| City | Rockaway Boro |
| Zip Code | 07866 |
| Area | Morris |
| Listing VS Median (in 07866) | |
Price: $3,999,000 low | high Med: $550,000 On site: 64 low | high Med: 21.5 | |
![]() | $3,999,000176 Us Highway 46Rockaway Boro, NJ 07866 |