Building Details

Year Built 1950

Listing Agency: COLDWELL BANKER REALTY Show Phone

Listed By: ANTHONY FREDERICO Show Phone

Source: Corcoran

Added: Oct 23 Changed: Oct 27 Last Checked: Oct 26 at 3:48PM

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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 COLDWELL BANKER REALTY

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Investment Insights

Based on property information with market context.

The office property offers several distinct workspace configurations, along with a loft on the upper level. The building dates to 1950 and currently accommodates several local business partners.

Key Highlights

• Several office configurations within the property
• Upper‑level loft space
• Building constructed in 1950

Property Analytics

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Current Use

Alpha Mechanical General Contractor MAI Insulation General Contractor Marbled Chimney Cleaning ... General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon 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

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

364

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Office unit - Multiple office configurations include an upper-level loft for varied workspace arrangements.

Where is this office unit located?

The property is located at 23 Taylortown Rd Montville, NJ.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: Several office configurations within the property; Upper‑level loft space; Building constructed in 1950