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Glen Ridge Medical/Therapy Space
For Lease
$2,500/Mo

230 Sherman Ave, Glen Ridge, NJ 07028

Professional building near Mountainside Hospital, ideal for medical or therapy use.

Space SizeContact for details
Days on Market232

Property Features for 230 Sherman Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $79,926
Listing Agency: Coccia Realty Better Homes & Gardens
Listed By: Jan Kwapniewski
Source: Exprealty
Added: Jan 2 Changed: Aug 20 Last Checked: Aug 22 at 9:11AM

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 Coccia Realty Better Homes & Gardens

Investment Insights

Based on property information with market context.

This approximately 1200 sq ft space is located on the first floor of a professional building and is suitable for medical, professional, or service-oriented businesses. Situated adjacent to Mountainside Hospital, the space features a private entrance. The property includes common parking with 48 spaces, and reserved spaces are available. The space is ready for tenant buildout. The landlord is open to flexible lease terms with options to renew. Tenant is responsible for heat, hot water, electric, and air conditioning. Two months' security deposit and financials are required.

Key Highlights

  • Adjacent to Mountainside Hospital
  • Ideal for Medical, Pilates, or Therapy Spa
  • 1st Floor with Private Entrance

Property Analytics

Current Use

M. Shuja Shafqat, ... Physician Dr. John A. Difilippo, ... Physician Shiveindra Jeyamohan, M.D. Physician NYBG Colorectal Physician Dr. Mina Shaker Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Butcher Mobile Phone Store Tech Support Center Fish Market

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,613
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07028, NJ

8,094
Population
2,629
Households
3.1
Avg Household Size
40
Median Age
83%
College-Educated
100%
High-School Grad
1.3 sq mi
ZIP Area
6,226
Density / Sq Mi
$246,500
Median Household Income
$99,845
Median Earnings
$2,395
Median Rent
$725,600
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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional building near Mountainside Hospital, ideal for medical or therapy use.
Where is this medical office space located?
The property is located at 230 Sherman Ave Glen Ridge, NJ.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Adjacent to Mountainside Hospital; Ideal for Medical, Pilates, or Therapy Spa; 1st Floor with Private Entrance
More about this property
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