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    150 Forest St Montclair, NJ 07042

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    For Lease
    $2,150 /Mo

    Prime retail space in Montclair with high foot traffic.

    Property Features for 150 Forest St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1879

    Source: COMPASS NEW JERSEY LLC Agent PIERCE CONWAY

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

    Overview

    Montclair Retail Storefront Opportunity

    Located on Forest Street in Montclair, this property offers a 500 square foot ground-level retail storefront suitable for various retail businesses and service providers. Situated just off Walnut Street, the location benefits from high foot traffic and proximity to nearby schools, NYC transportation, and downtown Montclair. The space can be leased with the adjacent 850 square foot retail space. New business uses may be subject to zoning approval. Tenants are responsible for gas, electric, and all interior maintenance and upkeep costs. The owner prefers not to have a food establishment. A lease term of 3-5 years is preferred.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2106158
    Latitude
    40.8202837

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in Montclair with high foot traffic.
    Where is this retail space located?
    The property is located at 150 Forest St Montclair, NJ.
    What are key features of this property?
    This property features: - Prime location on Forest Street, off Walnut Street, in Montclair with high foot traffic.; - 500 sq ft ground-level retail storefront ideal for a small business.; - Option to lease adjacent 850 sq ft retail space for a total of 1350 sq ft.
    (973) 310-7360
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    150 Forest St Montclair, NJ 07042
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    Montclair, NJ 07042
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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
    150 Forest St Montclair, NJ 07042
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