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Two-Story Office Building
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28 West Grand Avenue, Montvale, NJ 07645

Two-story office property with professional tenants and proximity to an NJ Transit station.

Property Size44,440 SF
Lot Size3.89 Acres
Days on Market42

Property Features for 28 West Grand Avenue

General Information

Standard status Active
Size 44,440 SF
Class B
Total Parking Spaces 158
Lot size 3.89 Acres
Property subtype Office
Zoning B-1 (Business) with MI-2 Mixed Use Inclusionary Overlay
Occupancy 74%
Investment Type Value Add
Net Operating Income $342,047

Additional Details

Public Transit Yes

Building Details

Buildings 1
Stories 2
Tenancy Multi
Building Size 44,440 SF
Listing Agency: Cushman & Wakefield - Morristown, New Jersey
Listed By: Jordan Sobel · License #NJ 1969050
Source: Crexi
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 8:20PM

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 Cushman & Wakefield - Morristown, New Jersey

Investment Insights

Based on property information with market context.

This two-story office building contains 44,440 square feet on a 3.89-acre site and is zoned B-1 (Business) with an MI-2 Mixed Use Inclusionary Overlay. The property is currently 74% leased to 13 professional office tenants, with vacant space available within the building. Weighted average lease term is 2.13 years.

The property is located at 28 West Grand Avenue in Montvale, New Jersey, less than a quarter mile from the Montvale NJ Transit station. Its existing office configuration supports continued occupancy and leasing activity, while the current zoning and overlay provide the stated land-use framework for evaluating future site plans after tenant leases expire.

Key Highlights

  • 44,440‑square‑foot two‑story office building
  • 3.89‑acre site zoned B‑1 (Business) with MI‑2 Mixed Use Inclusionary Overlay
  • Currently 74% leased to 13 professional office tenants

Property Analytics

Current Use

Pascack Valley Regional ... High School BearBrook Builders General Contractor Montvale Office Center Apartment Building Us Cable Corporation Government

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon Big Box & Wholesale Store Locksmith Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby

Demographics for 07645, NJ

8,436
Population
3,188
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
2,109
Density / Sq Mi
$183,664
Median Household Income
$75,700
Median Earnings
$2,241
Median Rent
$688,500
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 building - Two-story office property with professional tenants and proximity to an NJ Transit station.
Where is this office building located?
The property is located at 28 West Grand Avenue Montvale, NJ.
What are key features of this property?
This property features: 44,440‑square‑foot two‑story office building; 3.89‑acre site zoned B‑1 (Business) with MI‑2 Mixed Use Inclusionary Overlay; Currently 74% leased to 13 professional office tenants
(973) 993-1200 Call to check price and availability
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