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First-Floor Office Unit
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5 Mountain Blvd, Warren, NJ 07059

Office suite with reception, private offices, a kitchen area, and two bathrooms available immediately.

Property Size1,650 SF
Price / SF$1.58
Days on Market89

Property Features for 5 Mountain Blvd

General Information

Standard status Active
Size 1,650 SF

Additional Details

Floor First Floor

Building Details

Year Built 1988
Listing Agency: FIRST NEW JERSEY R.E. NETWORK
Listed By: ROBERT D. BERLANT
Source: Goldstandardrealty
Added: Jul 21 Changed: Oct 6 Last Checked: Oct 16 at 9:44AM

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 FIRST NEW JERSEY R.E. NETWORK

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Investment Insights

Based on property information with market context.

This first-floor office suite offers 1,650 square feet configured for immediate occupancy. The layout includes a reception area, five private offices, a kitchen area, and two bathrooms, providing a defined setting for office operations and visitor reception.

Constructed in 1988, the property is located at 5 Mountain Blvd in Warren Township, New Jersey. The suite’s combination of private work areas and shared support spaces creates a practical office configuration within a single-floor setting.

Key Highlights

  • 1,650‑square‑foot first‑floor office suite
  • Five private offices with a dedicated reception area
  • Kitchen area and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,245
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,900 $504.9K
Cap Rate 7%
$360,643 $360.6K
Cap Rate 9%
$280,500 $280.5K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$49.5K $30.00/SF
− Vacancy
−$15.8K −$9.60/SF
EGI
$33.7K $20.40/SF
− OpEx
−$8.4K −$5.10/SF
NOI
$25.2K $15.30/SF
Area
Somerset County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,900
Cap Rate 7%
$360,643
Cap Rate 9%
$280,500

Alternative Uses

Best Use
Office B
$360.6K
$315.6K – $420.8K (±1% cap)
NOI $25,245 @ 7.0% cap · market cap 970.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$430.8K
$377.0K – $502.7K (±1% cap)
NOI $30,159 @ 7.0% cap · market cap 1,159.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Atlantic Management Resources Employment Agency Dr. Howard S. ... Physician Warren Commons Business Service Center Cardio Medical Group Medical Clinic Casamo Patricia Foster Care Service

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Building Supply Furniture & Home Goods

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

734
Businesses Nearby

Demographics for 07059, NJ

16,096
Population
5,924
Households
2.7
Avg Household Size
47
Median Age
68%
College-Educated
97%
High-School Grad
19.7 sq mi
ZIP Area
817
Density / Sq Mi
$201,579
Median Household Income
$88,318
Median Earnings
$2,099
Median Rent
$899,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 units - Office suite with reception, private offices, a kitchen area, and two bathrooms available immediately.
Where is this office units located?
The property is located at 5 Mountain Blvd Warren, NJ.
What are key features of this property?
This property features: 1,650‑square‑foot first‑floor office suite; Five private offices with a dedicated reception area; Kitchen area and two bathrooms
More about this property
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