First-Floor Office
For Sale
Contact for pricing
5 Mountain Boulevard Unit 8, Warren, NJ 07059
Office space on the first floor is available for immediate occupancy.
Property Size1,650 SF
Price / SF$1.58
Days on Market47
Property Features for 5 Mountain Boulevard Unit 8
General Information
Standard status
Active
Size
1,650 SF
Additional Details
Floor
First Floor
Building Details
Year Built
1988
Listing Agency:
REALTY NETWORK
Listed By:
ROBERT BERLANT
(908) 704-1235
Source:
Thebansalteam
Added: Sep 6
Changed: Oct 14
Last Checked: Oct 20 at 11:40PM
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 REALTY NETWORK
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Investment Insights
Based on property information with market context.
First-floor office suite offering 1,650 square feet of commercial workspace. The suite is available immediately, providing a ready opportunity for an office user seeking an established property setting.
Located at 5 Mountain Boulevard, Unit 8, in Warren, New Jersey, the property was built in 1988 and is identified as an office unit.
Located at 5 Mountain Boulevard, Unit 8, in Warren, New Jersey, the property was built in 1988 and is identified as an office unit.
Key Highlights
- 1,650‑square‑foot first‑floor office suite
- Available immediately
- Located at 5 Mountain Boulevard, Unit 8, Warren, NJ 07059
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
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
NOI $30,159 @ 7.0% cap · market cap 1,159.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office space on the first floor is available for immediate occupancy.
Where is this office unit located?
The property is located at 5 Mountain Boulevard Unit 8 Warren, NJ.
What are key features of this property?
This property features: 1,650‑square‑foot first‑floor office suite; Available immediately; Located at 5 Mountain Boulevard, Unit 8, Warren, NJ 07059
