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Office Building with Courtyard Amenities
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5 Paragon Dr, Montvale, NJ 07645

Office building with on-site cafeteria, fitness center with showers, landscaped grounds, patio, and EV charging.

Space Size31,306 SF
Days on Market892

Property Features for 5 Paragon Dr

General Information

Standard status Active
Size 31,306 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

cafeteria with outdoor seating
fitness center with shower
rear patio
solar array
electric car charging stations

Spaces For Lease

at 5 Paragon Dr
5 Paragon Dr AVAILABLE, Now
Floor 1
Size 31,306 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- 5 Paragon Drive is situated less than one mile from the Garden State Parkway and two miles from the Montvale Railroad Station in the heart of an emerging live-work-play community featuring a wide range of nearby amenities. - Full Service cafeteria with outdoor seating - Fitness center on site with shower - The property is extensively landscaped with mature indigenous trees, grass lawn and decorative plantings. In addition there is a rear patio with concrete pavers. - The property is located approximately two miles from the NJ Transit Montvale Railroad Station - Large solar array installed in 2020 on roof - Upscale restaurants and shopping in close proximity with the Shoppes at DePiero Farm a 231,000 sf lifestyle center, anchored by a new 108,000 sf Wegmans supermarket, as well as Triboro Square, which is nearing completion, consisting of 139,000 sf retail, 308 residential units, and a 150 room hotel - Courtyard by Marriott Montvale and the Park Ridge Marriott all located in close proximity to 5 Paragon Drive - Electric car charging stations
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Listing Agency: Lincoln Property Company | New Jersey
Listed By: Rick Genthe
Source: Moodyscre
Added: May 20, 2024 Changed: Oct 25 Last Checked: Oct 26 at 8:10PM

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 Lincoln Property Company | New Jersey

Rey
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Investment Insights

Based on property information with market context.

5 Paragon Drive is a full-service office property offering an on-site cafeteria with outdoor seating and a fitness center with shower. The grounds are extensively landscaped with mature indigenous trees, a grass lawn, and decorative plantings, with a rear patio featuring concrete pavers. A large solar array was installed on the roof in 2020, and electric car charging stations are available on site.

The property is located less than one mile from the Garden State Parkway and approximately two miles from the Montvale Railroad Station, with a range of amenities in close proximity. Nearby development includes the Shoppes at DePiero Farm, a 231,000 sf lifestyle center anchored by a new 108,000 sf Wegmans supermarket, as well as Triboro Square, nearing completion with 139,000 sf of retail, 308 residential units, and a 150-room hotel.

Additional nearby lodging includes Courtyard by Marriott Montvale and the Park Ridge Marriott. The combination of on-site amenities and nearby retail, dining, and transportation supports a strong daily convenience profile for office users.

Key Highlights

  • Large solar array installed in 2020 on the roof
  • On‑site fitness center with shower
  • On‑site full‑service cafeteria with outdoor seating

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gotham Technology Group ... (Bike/Boat/Book/etc) Store Classic Cafe Management Restaurant Liberty Travel Inc. Travel Agency Travel Associates Travel Agency Farmer's Fridge Restaurant

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Real Estate Agency Hair Salon Big Box & Wholesale Store Storage Facility

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 07645, NJ

8,436
Population
3,188
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
2,109
Density / Sq Mi
$183,664
Median Household Income
$75,700
Median Earnings
$2,241
Median Rent
$688,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office building with on-site cafeteria, fitness center with showers, landscaped grounds, patio, and EV charging.
Where is this office building located?
The property is located at 5 Paragon Dr Montvale, NJ.
What are key features of this property?
This property features: Large solar array installed in 2020 on the roof; On‑site fitness center with shower; On‑site full‑service cafeteria with outdoor seating
(973) 599-0050 Call to check price and availability
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