Eight-Unit Office Condo
For Sale
Contact for pricing
115 Route 46, Mountain Lakes, NJ 07046
Fully leased office condominium with newer HVAC, skylights, and abundant natural light.
Property SizeContact for details
Days on Market144
Property Features for 115 Route 46
General Information
Standard status
Active
Property subtype
Multifamily, Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.47%
Office Units
8
Amenities
Skylights
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Deluccia Commercial Group/Berkshire Hathway Fox & Roach Realtors.
(732) 469-1515
Listed By:
Tim Deluccia · License #8243435
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Deluccia Commercial Group/Berkshire Hathway Fox & Roach Realtors.
Investment Insights
Based on property information with market context.
This freestanding office condominium contains eight units and is fully leased. The building has been newly remodeled and features newer HVAC systems, skylights, and substantial natural light throughout the suites. The configuration supports continued multi-unit office occupancy as well as partial or full owner use.
The property is located within Mountain Lakes Business Park, a park-like commercial setting along Route 46 with access to major highways. The entire first floor, comprising four condo units, is occupied by ROI, an office-suite business offering flexible office space and executive suites. The property carries a 6.47% cap rate.
The property is located within Mountain Lakes Business Park, a park-like commercial setting along Route 46 with access to major highways. The entire first floor, comprising four condo units, is occupied by ROI, an office-suite business offering flexible office space and executive suites. The property carries a 6.47% cap rate.
Key Highlights
- Eight‑unit freestanding office condominium
- Fully leased office building with 6.47% cap rate
- Newly remodeled with newer HVAC systems
Property Analytics
Current Use
Lease Details
8
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 07046, NJ
4,508
Population
1,451
Households
3.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
1,670
Density / Sq Mi
$250,001
Median Household Income
$127,604
Median Earnings
$2,941
Median Rent
$915,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased office condominium with newer HVAC, skylights, and abundant natural light.
Where is this office building located?
The property is located at 115 Route 46 Mountain Lakes, NJ.
What are key features of this property?
This property features: Eight‑unit freestanding office condominium; Fully leased office building with 6.47% cap rate; Newly remodeled with newer HVAC systems
