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    123 Highland Ave Glen Ridge, NJ 07028

    For Lease
    $25 SF/Yr

    Modern Suites, Prime Location, Immediate Occupancy

    Lot size:
    22,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional four-story medical office building, located at 123 Highland Avenue in Glen Ridge, New Jersey, offers a variety of suite sizes perfect for medical professionals. The building totals 22,140 square feet and features convenient elevator access. Currently, there is 5,768 square feet of vacant space available, with suites ranging from a minimum of 1,442 square feet to a maximum contiguous space of 2,395 square feet. The building's prime location in Essex County, with easy access to major transportation routes, makes it an ideal location for a thriving medical practice. The multiple tenancy structure provides a diverse and collaborative environment. The building's modern design and amenities cater to the needs of today's medical professionals, ensuring a comfortable and efficient workspace. This is a rare opportunity to secure high-quality medical office space in a desirable location. The available suites are ready for immediate occupancy, allowing for a quick and seamless transition for your practice. Contact us today to schedule a viewing and explore the possibilities. The zip code is 07028.

    Property Features for 123 Highland Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,140 SF
    Total Rate
    46125

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Suite 203
    Size
    1,442 SF
    Rate per SF
    $28
    Space
    Suite G-1
    Size
    1,931 SF
    Rate per SF
    $25

    HighLights

    • 22,140 SF four‑story elevator medical building.
    • Ample on‑site parking.
    • Handicapped‑accessible covered entrance with elevator.
    • Available for immediate occupancy.
    • Excellent medical office location near Hackensack University Medical Center and other major medical facilities.
    • Highland Avenue location, one block from Mountainside Medical Center, convenient to NJ Transit and Garden State Parkway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Niveen Bebawy Internist Dr. Marius Calin ... Health Consultant Commercial & House Cleaning ... Commercial Cleaning Service Dr. Marius Calin ... Surgeon Lung Diagnostics Inc Diagnostic Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glen Ridge
    County
    Essex
    State
    New Jersey
    Longitude
    -74.203946
    Latitude
    40.8092768

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    FAQs

    What type of property is this?
    Medical office - Modern Suites, Prime Location, Immediate Occupancy
    Where is this medical office located?
    The property is located at 123 Highland Ave Glen Ridge, NJ.
    What is the lease rate?
    The lease rate is $25-$28 SF/Yr.
    What are key features of this property?
    This property features: 22,140 SF four-story elevator medical building.; Ample on-site parking.; Handicapped-accessible covered entrance with elevator.
    Request Owner's contact information
    123 Highland Ave Glen Ridge, NJ 07028
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    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
    123 Highland Ave Glen Ridge, NJ 07028
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