Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    151 Forest St Montclair, NJ 07042

    Sponsored
    For Lease
    $45 SF/Yr

    Prime Montclair location, flexible office suites.

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Montclair, New Jersey office building at 151 Forest Street, near Chestnut Street, offers a variety of flexible workspace solutions. The 15,000 square foot Class B building, renovated in 2019, features seven suites available for lease, with a minimum leasable space of 1,000 square feet and a maximum contiguous space of 5,621 square feet. The building caters to diverse business needs, accommodating creative, traditional, and executive office setups. One immediately available space, Unit H, offers 2,562 square feet of well-designed office space. This unit includes multiple private offices, high ceilings, and attractive hardwood floors. Large aluminum windows provide abundant natural light, complementing a spacious open work area/reception area complete with a kitchenette. An aluminum staircase leads to a lofted second floor, adding unique character and functionality. Ample storage, two bathrooms, and private parking are also included. The building's location in Montclair, NJ, zip code 07042, provides easy access to local amenities and transportation. Ideal for businesses seeking a blend of modern amenities and classic charm in a vibrant New Jersey community.

    Property Features for 151 Forest St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    B
    Total Rate
    56250

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    H
    Size
    2,562 SF
    Rate per SF
    $45
    Property Profile Location Intelligence

    Current Use by Public Records

    BIG SKY PACKAGING Packaging Company Cyan Health, LLC Marketing Consultant Montclair Windshield Replacement ... Auto Glass Shop SecureHome Locksmiths Locksmith Pearl Media Advertising Agency

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.210418275619
    Latitude
    40.820353794547

    Nearby Similar for Lease

    • $2,650 /Mo
      16,988 SF

      Montclair Office Penthouse Suite

      Top-floor office suite in downtown Montclair with utilities included.
      26 Park St, Montclair, NJ 07042
      View Details
    • $2,100 /Mo

      Montclair Office Space For Rent

      Open office suite in historic Wellmont building, Montclair.
      408 Bloomfield Ave, Montclair, NJ 07042
      View Details
    • $2,200 /Mo
      16,988 SF

      Move-in Ready Montclair Office Suite

      Bright, professional office space in downtown Montclair.
      26 Park St, Montclair, NJ 07042
      View Details
    • $2,300 /Mo

      Montclair Twp. Commercial Space

      Second floor commercial space in mixed-use building near Welmont Arts Plaza.
      398 Bloomfield Ave, Montclair, NJ 07042
      View Details
    • $4,500 /Mo
      1,260 SF

      Montclair Auto Service Repair Facility

      One-story masonry building with service bays and parking.
      15 Willard Pl, Montclair, NJ 07042
      View Details
    • $600 /Mo
      5,663 SF

      Montclair Office Space For Rent

      Office space in landmark building, utilities included, available immediately.
      248 Lorraine Ave, Montclair, NJ 07043
      View Details
    • $600 /Mo

      Montclair Office Space For Rent

      Office space for rent in Montclair Twp., NJ.
      248 Lorraine Ave, Montclair, NJ 07043
      View Details
    • $600 /Mo

      Montclair Office Space For Rent

      Office space in an elevator building with utilities included.
      248 Lorraine Ave, Montclair, NJ 07043
      View Details
    • $2,000 /Mo

      Montclair Warehouse Garage Bays For Lease

      Secure garage bays in Montclair, ideal for parking, storage, or workshops.
      328 Orange Rd, Montclair, NJ 07042
      View Details
    • $4,800 /Mo

      Modern Montclair Duplex-Style Rental

      New construction duplex rental with modern finishes and finished basement.
      81 Mission St, Montclair, NJ 07042
      View Details
    • $500 /Mo

      Renovated Office Suites in Montclair

      Flexible office suites in downtown Montclair near amenities and transit.
      34 Park St, Montclair, NJ 07042
      View Details
    • $2,350 /Mo

      Prime Retail Space in Montclair

      850 SF retail space in high-traffic Montclair location.
      152 Forest St, Montclair, NJ 07042
      View Details

    FAQs

    What type of property is this?
    Office space - Prime Montclair location, flexible office suites.
    Where is this office space located?
    The property is located at 151 Forest St Montclair, NJ.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    Request Owner's contact information
    151 Forest St Montclair, NJ 07042
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    151 Forest St
    Montclair, NJ 07042
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Forest St Montclair, NJ 07042
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.