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    240 Main St Chatham, NJ 07928

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    For Lease
    $4,500 /Mo ($33 SF/Yr)

    1600 SF retail space with high visibility display windows.

    Property size:
    1,600 SF
    Lot size:
    0.17 Acres

    Property Features for 240 Main St

    General Information

    Size
    1,600 SF
    Lot size
    0.17 Acres

    Source: Newmark & Associates, Inc. Agent David Bieber

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

    Overview

    Retail Showroom on Main Street

    This retail property offers approximately 1600 square feet of space. The layout features a showroom-type area with high, open ceilings at the front, complemented by office space or a workroom in the rear. High visibility display windows enhance the property's appeal. A private restroom is included. This space is suitable for various retail, personal services, and pop-up businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

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

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

    Similar Places Nearby

    The Grout Guy

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3820916
    Latitude
    40.7407746

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    FAQs

    What type of property is this?
    Showroom - 1600 SF retail space with high visibility display windows.
    Where is this showroom located?
    The property is located at 240 Main St Chatham, NJ.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - High visibility display windows; - Showroom type space with high open ceiling in front; - Approximately 1600 sf
    (973) 216-1395
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    240 Main St Chatham, NJ 07928
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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
    240 Main St Chatham, NJ 07928
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