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Property profile & analytics
OFF-MARKET
Commercial real estate

46 Park St Montclair, NJ 07042

1.3 ac lot Built 1921
Property ID
US59-1489638
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Year built 1921
Lot 1.3 ac (56,628 SF)
UPID US59-1489638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Interfaith Hospitality Network Social Service Agency Charitable Organization
  • Evolve Med Spa Spa & Massage Center Alternative Medicine Practice
  • Central Presbyterian Church Church
  • Family Promise Essex County Charitable Organization Social Service Agency
  • Park Street Academy High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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