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    46 Park St Montclair, NJ 07042

    Sponsored
    For Sale
    Contact for pricing

    Prime Montclair office, all utilities included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.3-acre property at 46 Park Street in the heart of downtown Montclair offers a versatile first-floor office space available for lease. The space boasts a large open area, adaptable to various configurations, as demonstrated by existing partitions illustrating potential layouts. Three private offices, each equipped with its own door, provide additional privacy and functionality. The lease includes all utilities, eliminating the hassle of separate utility bills. Furthermore, two designated parking spaces are provided, a significant advantage in a bustling downtown location. The minimum lease term is three years. This property is ideally suited for a variety of uses, including, but not limited to, civic or community-oriented non-profit activities, adhering to all local and state regulations, and performing or visual arts organizations. Please note that the photographs provided are from previous tenants and may not reflect the current, unfurnished state of the property. The square footage is not currently specified. This is a rare opportunity to secure a well-appointed office space in a highly desirable Montclair location with significant included amenities. Inquire today to schedule a viewing.

    Property Features for 46 Park St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,628 SF

    Building Details

    Year Built
    1921
    Property Profile Location Intelligence

    Current Use by Public Records

    Interfaith Hospitality Network Social Services Organization Evolve Med Spa Medical Spa Central Presbyterian Church Presbyterian Church Family Promise Essex ... Homeless Shelter Park Street Academy Preschool

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.21748
    Latitude
    40.81735

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Montclair office, all utilities included.
    Where is this commercial real estate located?
    The property is located at 46 Park St Montclair, NJ.
    What is the asking price?
    The asking price for this property is $4,000.
    (973) 746-1515
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    46 Park St Montclair, NJ 07042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    46 Park St Montclair, NJ 07042
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