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Two-Suite Office Condo Package
For Sale
$289,000

150 River Rd #4A&B, Montville, NJ 07045

Two renovated office suites combine private work areas, open bullpen space, central air, and on-site parking.

Property Size1,900 SF
Price / SF$152.11
Days on Market86

Property Features for 150 River Rd #4A&B

General Information

Standard status Active
Size 1,900 SF
Property subtype Commercial
Zoning RLM1

Additional Details

Office Units 2

Building Details

Building Size 1,900 SF
Year Built 1982
Year Renovated 2024
Stories 2
Units 2
Tenancy Single
Listing Agency: Hera Realty Group
Listed By: Maritsa C. Nunziata
Source: Cammarotarealestate
Added: Jul 29 Changed: Oct 22 Last Checked: Oct 22 at 2:36PM

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 Hera Realty Group

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Investment Insights

Based on property information with market context.

Offered together, these two office condominium units provide 1,900 square feet of workspace. Renovated in 2024, the suites include seven private offices—three in one unit and four in the other—along with two bullpen areas. Central air, an accessible hallway bathroom, and storage are also included, with an additional storage room on the main level beside the stairs. The building dates to 1982, and the property is zoned RLM1.

The offices are at 150 River Rd in Montville Township, New Jersey. On-site parking serves the property. The units are currently income-producing, with a tenant lease extending through June 2027; vacant delivery at closing is also indicated as an option.

Key Highlights

  • Two office condo units offered together, totaling 1,900 square feet
  • Renovated in 2024; building constructed in 1982
  • Seven private offices: three in one suite and four in the other

Property Analytics

Current Use

J.F. KELLY INC. Food Processing Plant Surenian, Edwards, Buzak ... Law Firm Allied Advisory Group, ... Business Management Consultant Andrea Silverman, PC Law Firm Lipsky Portales Law Firm

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

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

2
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 07045, NJ

10,573
Population
3,707
Households
2.9
Avg Household Size
48
Median Age
68%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
1,602
Density / Sq Mi
$179,279
Median Household Income
$84,375
Median Earnings
$3,501
Median Rent
$647,200
Median Home Value

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 unit - Two renovated office suites combine private work areas, open bullpen space, central air, and on-site parking.
Where is this office unit located?
The property is located at 150 River Rd #4A&B Montville, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two office condo units offered together, totaling 1,900 square feet; Renovated in 2024; building constructed in 1982; Seven private offices: three in one suite and four in the other
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