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    416 Pleasant Valley Way West Orange, NJ 07052

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    For Sale
    Contact for pricing

    Two-story office/medical building with finished basement and ample parking.

    Property size:
    19,263 SF
    Lot size:
    0.30 Acres

    Property Features for 416 Pleasant Valley Way

    General Information

    Size
    19,263 SF
    Lot size
    0.30 Acres

    Source: JLL | Parsippany Agent James Medenbach

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

    Overview

    Two-Story Office/Medical Building For Sale

    This two-story office/medical building includes a full finished basement with approximately 7,000 square feet of storage space. The property features 87 on-site parking spaces. It is located adjacent to I-280, the Garden State Parkway, and I-80. The building is suitable for medical, dental, physical therapy, legal, and general office uses, as well as businesses requiring high parking capacity. The total property size is 19,263 square feet. Wells Fargo has a long-term lease. Approximately 546 square feet is currently vacant, while 11,153 square feet is leased on a month-to-month basis.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    West Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2597749
    Latitude
    40.811609

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    FAQs

    What type of property is this?
    Office building - Two-story office/medical building with finished basement and ample parking.
    Where is this office building located?
    The property is located at 416 Pleasant Valley Way West Orange, NJ.
    What are key features of this property?
    This property features: - High parking capacity with **87 on-site spaces**.; - Excellent location adjacent to I-280, Garden State Parkway, and I-80.; - Existing long-term lease with Wells Fargo.
    (973) 829-4800
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    416 Pleasant Valley Way West Orange, NJ 07052
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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
    416 Pleasant Valley Way West Orange, NJ 07052
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