VanRockCRE Brokers Sale of Two-Tenant Investment Property in Vernon, NJ
Midland Park, NJ – February 9, 2026 — VanRockCRE, a full-service commercial real estate brokerage firm based in Midland Park, New Jersey, announced the successful sale of a two-tenant investment property located at 46 NJ-94 in Vernon, New Jersey. VanRockCRE represented both the buyer and the seller in the transaction.
The 11,655-square-foot retail property, situated on 3.8 acres, is anchored by Dollar General, which occupies 9,511 square feet of the center. The location is a top-performing asset, ranked #11 out of 183 Dollar General stores in New Jersey, according to Placer.ai. Dollar General (NYSE: DG) is ranked #108 on the Fortune 500, carries an investment-grade “BBB” credit rating from S&P, and reports annual revenue exceeding $37.84 billion, making it one of the strongest national retail tenants in the market.
The property is also home to Mountain Dispensary, a 2,500-square-foot premier cannabis dispensary serving Northern New Jersey, adding diversification and long-term stability to the tenant mix.
The transaction was led by Marc Palestina, Principal, CJ Huter, Principal, and Lew Finkelstein, Executive Vice President, of VanRockCRE, along with Neil Goldstein, Principal at The Goldstein Group.
“This transaction highlights the continued demand for high-quality, net-leased and necessity-based retail assets in New Jersey,” said Marc Palestina. “Properties anchored by nationally recognized tenants like Dollar General continue to attract strong investor interest, especially when paired with complementary uses.”
“Representing both sides of the transaction allowed us to deliver a seamless process and align objectives from start to finish,” added CJ Huter. “This deal underscores our ability to execute complex investment sales while maximizing value for all parties involved.”
About VanRockCRE
Founded in 2025, VanRockCRE is a full-service commercial real estate brokerage firm headquartered in Midland Park, New Jersey. The firm specializes in Landlord and Tenant Representation, Investment Sales, Development, and Property Management within the Retail and Mixed-Use properties. With more than 2,000 transactions and $1.5 billion in lifetime deal volume, VanRockCRE combines market expertise with a client-first approach to deliver exceptional results and lasting partnerships.
For more information, visit www.vanrockcre.com or contact info@vanrockcre.com.
