Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    571 Central Ave New Providence, NJ 07974

    For Lease
    $25 SF/Yr

    Professional/Medical suites for lease in downtown New Providence.

    Property size:
    48,000 SF
    Lot size:
    48,000 SF

    Property Features for 571 Central Ave

    General Information

    Size
    48,000 SF

    Source: Kevin Badger Agent Kevin Badger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional/Medical Suites for Lease

    Professional and medical suites are available for lease, with sizes of 975 SF, 1,050 SF, and 1,900 SF. The Class A building is situated in downtown New Providence, located off I-78, 15 miles from Newark Airport and 25 miles west of New York City. The property features a corporate campus setting, including an outdoor courtyard with seating and an interior atrium with plants and seating. The building adjoins a hotel with a restaurant, banquet, meeting rooms, and a full-service fitness, gym, and tennis center. It is located opposite a shopping center and post office, and is within walking distance to Murray Hill/NJ Transit train station to Newark/NYC. The property offers a parking ratio of 5/1000 sq. ft. Join prominent medical and professional office tenants. Rental rate is $25.00 per sq. ft. plus electric and interior cleaning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Murray Hill Veterinary Associates, Nancy A. Darby, DVM

    Location Insight

    • Map
    • Local Demand
    City
    New Providence
    County
    Union
    State
    New Jersey
    Longitude
    -74.4040695
    Latitude
    40.6990796

    Nearby Similar for Lease

    • Contact for pricing
      3,669 SF

      Prime Retail Space, New Providence, NJ

      Bank Space - 3,669 SF - Available Now
      72-80 South St, New Providence, NJ 07974
      View Details
    • $3,600 /Mo

      Updated Apartment Near Train Station

      Updated 3-bedroom apartment with included utilities near train station.
      915 Springfield Ave, New Providence, NJ 07974
      View Details
    • $24 SF/Yr
      21,145 SF

      New Providence Office Space Available

      Office space for rent with cafeteria, fitness center, and parking.
      41 Spring St, New Providence, NJ 07974
      View Details
    • Contact for pricing
      3,669 SF

      Prime Corner Retail Space Available

      Retail space with high visibility and ample parking.
      72-80 St S, New Providence, NJ
      View Details
    • Contact for pricing
      17,138 SF

      Class A Office Building

      Four-story office building with reflective glass facade.
      420-430 Mountain Ave, New Providence, NJ 07974
      View Details
    • Contact for pricing
      38,843 SF

      Warehouse Space Available For Lease

      38,843 SF warehouse space available for lease.
      755 Central Ave, New Providence, NJ 07974
      View Details

    FAQs

    What type of property is this?
    Medical office - Professional/Medical suites for lease in downtown New Providence.
    Where is this medical office located?
    The property is located at 571 Central Ave New Providence, NJ.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Class A building in downtown New Providence.; - Convenient location: near I-78, 15 miles from Newark Airport and 25 miles west of New York City; walking distance to Murray Hill/NJ Transit train station to Newark/NYC.; - Building adjoins hotel with restaurant, banquet, meeting rooms, and full service fitness, gym and tennis center.
    (908) 255-6701
    Request Owner's contact information
    571 Central Ave New Providence, NJ 07974
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    571 Central Ave
    New Providence, NJ 07974
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    571 Central Ave New Providence, NJ 07974
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.