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917 Mountain Avenue Suite 1, Mountainside, NJ 07092
Professional office suite with a private restroom, reception area, work area, and on-site parking.
Property Size1,185 SF
Price / SF$1.46
Days on Market61
Property Features for 917 Mountain Avenue Suite 1
General Information
Standard status
Active
Size
1,185 SF
Additional Details
Highway Access
Yes
Office Units
1
Amenities
private bathroom
onsite parking
Building Details
Year Built
1985
Listing Agency:
PROMINENT PROPERTIES SIR
Listed By:
AMBER LINSKY
(908) 654-6666
Source:
Luminancerealty
Added: Aug 23
Changed: Oct 7
Last Checked: Oct 6 at 12:04AM
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 PROMINENT PROPERTIES SIR
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Investment Insights
Based on property information with market context.
Suite 1 is an approximately 1,185-square-foot office unit with four private offices, a reception and work area, new flooring, and a private bathroom. The layout includes offices measuring 12'0" x 13'10", 9'6" x 10'1", 10'6" x 9'3", and 10'6" x 14'7", along with a 15'0" x 27'10" reception and work area. Ample on-site parking supports day-to-day office use.
Built in 1985, the property is located at 917 Mountain Avenue in Mountainside Boro, New Jersey, with access to major highways, nearby businesses, and surrounding communities.
Built in 1985, the property is located at 917 Mountain Avenue in Mountainside Boro, New Jersey, with access to major highways, nearby businesses, and surrounding communities.
Key Highlights
- Approximately 1,185 square feet with four private offices
- 15'0" x 27'10" reception and work area
- New flooring and private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,131
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,620
$362.6K
Cap Rate 7%
$259,014
$259.0K
Cap Rate 9%
$201,456
$201.5K
Market Conditions
NOI Build-Up for 1,185 SF
Gross rent
$35.6K $30.00/SF
− Vacancy
−$11.4K −$9.60/SF
EGI
$24.2K $20.40/SF
− OpEx
−$6.0K −$5.10/SF
NOI
$18.1K $15.30/SF
Area
Union 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%
$362,620
Cap Rate 7%
$259,014
Cap Rate 9%
$201,456
Alternative Uses
Best Use
Office B
$259.0K
$226.6K – $302.2K
NOI $18,131 @ 7.0% cap · market cap 1,051.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.4K
$270.8K – $361.0K
NOI $21,660 @ 7.0% cap · market cap 1,255.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
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Business Placement
Demographics for 07092, NJ
7,082
Population
2,616
Households
2.7
Avg Household Size
47
Median Age
66%
College-Educated
97%
High-School Grad
4.0 sq mi
ZIP Area
1,771
Density / Sq Mi
$210,100
Median Household Income
$87,207
Median Earnings
$3,501
Median Rent
$755,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office suite with a private restroom, reception area, work area, and on-site parking.
Where is this office unit located?
The property is located at 917 Mountain Avenue Suite 1 Mountainside, NJ.
What are key features of this property?
This property features: Approximately 1,185 square feet with four private offices; 15'0" x 27'10" reception and work area; New flooring and private bathroom
