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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 Market847

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 Contact us

5 Paragon Dr

Floor
1
Size
31,306 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- 5 Paragon Drive is situated less than one mile from the Garden State Parkway and...
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Listing Agency: Lincoln Property Company | New Jersey
Listed By: Rick Genthe
Source: Moodyscre
Added: May 20, 2024 Changed: Aug 8 Last Checked: Sep 12 at 11:02AM

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

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

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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
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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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