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Mountainside Flex Property on Route 22
For Sale
$1,950,000
Pending

1167 Us Highway 22, Mountainside, NJ 07092

Versatile 7,085 SF commercial/flex property on 0.72 acres.

Property Size7,085 SF
Lot Size0.72 Acres
Days on Market304

Property Features for 1167 Us Highway 22

General Information

Standard status Pending
Size 7,085 SF
Lot size 0.72 Acres
Property subtype Commercial
Listing Agency: WEICHERT REALTORS, WESTFIELD
Listed By: MARIA DIMOPOULOS
Source: Corcoran
Added: Sep 30, 2025 Changed: Jul 10 Last Checked: Jul 23 at 7:59AM

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 WEICHERT REALTORS, WESTFIELD

Investment Insights

Based on property information with market context.

Located on Route 22 in Mountainside, this commercial/flex property offers 7,085 square feet of space on 0.72 acres. The property is suitable for a variety of commercial, professional, or light industrial uses. The first floor provides 5,748 square feet, including private offices, a warehouse, a workshop, a kitchen/break room, and three lavatories. The second floor adds 1,700 square feet of office space and an additional lavatory. Warehouse areas feature ceiling heights from 9.5 feet to 14 feet and include three drive-in doors. Ample on-site parking is available. The property benefits from strong local demographics and convenient access to the Garden State Parkway, I-78, I-287, Newark Liberty International Airport (12.4 miles), and Penn Station NYC (24 miles).

Key Highlights

  • High‑visibility location on Route 22 business corridor.
  • Versatile 7,085 SF space suitable for commercial, professional, or light industrial uses.
  • Warehouse with ceiling heights from 9.5’–14’ and three drive‑in doors.

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $191.3k $27.00
− Vacancy −$23.0k −$3.24
EGI $168.3k $23.76
− OpEx −$58.9k −$8.32
NOI $109.4k $15.44
7,085 SF · lease $27.00/SF/yr · vacancy 12.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,421 @ 7.0% cap · market cap 5.61%
Second Best
Warehouse
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,565 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,502 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Nail Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07092, NJ

7,082
Population
2,616
Households
2.7
Avg Household Size
47
Median Age
66%
College-Educated
97%
High-School Grad
4.0 sq mi
ZIP Area
1,771
Density / Sq Mi
$210,100
Median Household Income
$87,207
Median Earnings
$3,501
Median Rent
$755,600
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Versatile 7,085 SF commercial/flex property on 0.72 acres.
Where is this flex space located?
The property is located at 1167 Us Highway 22 Mountainside, NJ.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High‑visibility location on Route 22 business corridor.; Versatile 7,085 SF space suitable for commercial, professional, or light industrial uses.; Warehouse with ceiling heights from 9.5’–14’ and **three drive‑in doors.**
More about this property
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