2 North Rd, Chester, NJ 07930
High-visibility office condo with flexible layout and ample parking.
- Added:
- Mar 10, 2026
- Days on Market:
- 121
- Last Refresh:
- Jul 2 at 6:30 am
Property Features for 2 North Rd
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing office Keller Williams Realty Metropolitan (201) 838-6367
Listing date Mar 10, 2026
Source Elliman
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HighLights
- High‑visibility corner location at the intersection of 24 and North Rd.
- Large 1800+ sq ft office condo space.
- Includes 5 private offices, conference area, kitchenette, reception area, and private bathroom.
- Zoned Office Professional.
- Two‑floor layout.
- Ample parking with 37 shared spots and 2 handicap spots.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $30.00 |
| − Vacancy | −$17.3k | −$9.60 |
| EGI | $36.7k | $20.40 |
| − OpEx | −$9.2k | −$5.10 |
| NOI | $27.5k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Morris
- State
- New Jersey
- Longitude
- -74.6806
- Latitude
- 40.7889
