Sold
Last Sold Price
979 sqft$266/sqft
40 Park Lane Rd, New Milford, CT 06776
Non-ResidentialProperty Type
1930Year Built
$266/sq ftPrice per sq ft

Description

Great opportunity! Purchase this commercial property with significant road frontage on State Road 202/Park Lane and reinvigorate an existing dry-cleaning business, repurpose the existing building, or redevelop the site. Almost a half acre of land to make your plans a reality. There are several "As of Right" uses in the B-1 zone (subject to site plan approval). These include but are not limited to: Business and Professional Offices, Banks, Retail Shops Offering Goods and/or Services, Various Food...Great opportunity! Purchase this commercial property with significant road frontage on State Road 202/Park Lane and reinvigorate an existing dry-cleaning business, repurpose the existing building, or redevelop the site. Almost a half acre of land to make your plans a reality. There are several "As of Right" uses in the B-1 zone (subject to site plan approval). These include but are not limited to: Business and Professional Offices, Banks, Retail Shops Offering Goods and/or Services, Various Food Uses including Restaurants, etc. Other successful business ventures adjacent to and across the road from this property make this a a potential winner!
  • Listed by: Jodi Gutierrez 203.621.8029 jodi@alliancerealestateconsultants.com • Alliance R.E. Consultants
Listing closed: 07/10/2026 12:00 AM • Source: SMARTMLS, MLS#: 24028057

Location

Listing Courtesy of Alliance R.E. Consultants, Jodi Gutierrez

Sold By William Raveis Real Estate, Eva Aveiga

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Payment Calculator

$1,648 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,322

Property Taxes

$326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Park Lane Road

Property Details
  • Taxes: $3,912 / year
  • Lot Size: 0.43 AC / 18,730 SF
  • Location: Suburban, Retail Corridor
Building Information
  • Stories: 1
  • Residences: 1
  • Year Built: 1930
  • Lot Size: 0.43 AC / 18,730 SF
Summary
Property and Location
  • Directions: Route 202 to Park Lane
  • Latitude: 41.594032
  • Longitude: -73.40609
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $3,912
Interior and Exterior Features
Interior Features
  • Cooling System: Wall Unit
  • Heat Type: Hot Water
Property
Property and Assessments
  • Construction Description: Frame
  • Exclusions: To be discussed
  • Foundation Type: Stone
  • Handicap Features: Ramps
  • Potential Use: See B1 Zoning Code for New Milford in Documents
  • Present Use: Dry Cleaner
  • Road Frontage Description: State Road
  • Roof: Asphalt Shingle
  • Sq Ft Source: Public Records
  • Year Built: 1930
  • Bank Owned Property: No
  • Sq Ft Retail: 979
  • Living Area SQFT Per Public Records: 979
Lot Information
  • Documents Available: Other
  • Lot Description: Corner Lot, Level Lot
  • Parcel Number: 1874329
  • Sq Ft Total: 979.0
  • Zoning: B1
Utilities
  • Heat Fuel Type: Electric
  • Sewage System: Septic
  • Utilities Available: Electric, Telephone, Cable
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 1
Building Details
  • Number of Restrooms: 1
  • Number of Stories: 1
  • Number of Tenants: 1

Property History for 40 Park Lane Road

DateEvent & SourcePriceAppreciation
Jul 7, 2026

Closed (Public Record)

Public Record #1945529934

$260,000

+3.6% / yr

Jan 22, 1998

Closed (Public Record)

Public Record #91885866

$95,000
DateEvent & SourcePrice
07/07/2026

Closed (Public Record)

Public Record #1945529934

$260,000

+3.6% / yr

01/22/1998

Closed (Public Record)

Public Record #91885866

$95,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Park Lane Road

Taxable ValueLand$74,290Additions$52,080Total$126,370
Tax Record2025$3,854 ($321 / month)
Home Facts
Baths2Total Finished SqFt979 SqFtAbove Grade Finished SqFt979 SqFtUnfinished Basement SqFt798 SqFtStories1Lot Size18,774 SqFtStyleMiscellaneous CommercialYear Built1930Year Renovated1930ZoningB1CountyWESTERN CONNECTICUTAPNNMIL M:43-1 L:11

Schools near 40 Park Lane Road

This home is within New Milford School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Northville Elementary School
PublicPK to 2

Sarah Noble Intermediate School
Public3 to 5

Schaghticoke Middle School
Public6 to 8

New Milford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Park Lane Road, New Milford, CT 06776
$260,000
979
$330,000
2
1,280
21,780
2
1,980
7,338
$137,500
87,120
2
23,930

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alliance R.E. Consultants, Jodi Gutierrez

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.