Updated Office
For Sale
Contact for pricing
917 Mountain Avenue Suite 2, Mountainside, NJ 07092
Two private offices accompany a conference area, reception space, kitchenette, lobby, foyer, and private bathroom.
Property Size1,339 SF
Price / SF$1.25
Days on Market79
Property Features for 917 Mountain Avenue Suite 2
General Information
Standard status
Active
Size
1,339 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Listing Agency:
PROMINENT PROPERTIES SIR
Listed By:
AMBER LINSKY
(908) 654-6666
Source:
Goldstandardrealty
Added: Aug 18
Changed: Oct 25
Last Checked: Oct 7 at 3:49PM
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 2 at 917 Mountain Avenue provides approximately 1,339 square feet of office space within a building constructed in 1985. The interior includes two private offices, a conference and reception room, kitchenette, lobby, foyer, private bathroom, and new flooring. Office dimensions are 11'3" x 17'2" and 11'3" x 21'2", while the conference and reception room measures 15'3" x 12'11". The kitchenette measures 8'10" x 15'0", and the foyer measures 15'11" x 6'4".
The property includes onsite parking and offers access to major highways, nearby businesses, and surrounding communities. The suite is identified as Office Units and is offered for sale.
The property includes onsite parking and offers access to major highways, nearby businesses, and surrounding communities. The suite is identified as Office Units and is offered for sale.
Key Highlights
- Approximately 1,339 square feet in Suite 2
- Two private offices measuring 11'3" x 17'2" and 11'3" x 21'2"
- Conference and reception room measuring 15'3" x 12'11"
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,487
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,740
$409.7K
Cap Rate 7%
$292,671
$292.7K
Cap Rate 9%
$227,633
$227.6K
Market Conditions
NOI Build-Up for 1,339 SF
Gross rent
$40.2K $30.00/SF
− Vacancy
−$12.9K −$9.60/SF
EGI
$27.3K $20.40/SF
− OpEx
−$6.8K −$5.10/SF
NOI
$20.5K $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%
$409,740
Cap Rate 7%
$292,671
Cap Rate 9%
$227,633
Alternative Uses
Best Use
Office B
$292.7K
$256.1K – $341.5K
NOI $20,487 @ 7.0% cap · market cap 1,219.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.6K
$305.9K – $407.9K
NOI $24,475 @ 7.0% cap · market cap 1,456.85%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
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 - Two private offices accompany a conference area, reception space, kitchenette, lobby, foyer, and private bathroom.
Where is this office unit located?
The property is located at 917 Mountain Avenue Suite 2 Mountainside, NJ.
What are key features of this property?
This property features: Approximately 1,339 square feet in Suite 2; Two private offices measuring 11'3" x 17'2" and 11'3" x 21'2"; Conference and reception room measuring 15'3" x 12'11"
