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    50 Chestnut Ridge Rd Montvale, NJ 07645

    Sponsored
    For Lease
    $26 SF/Yr

    Class A Office Suites, 4 Available

    Lot size:
    104,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    50 Chestnut Ridge Road in Montvale, New Jersey, offers exceptional executive office space in a prestigious Class A building. This two-story building totals 104,000 square feet and boasts recently completed lobby and hallway renovations, creating a modern and inviting atmosphere. Four suites are currently available, ranging in size from 1,386 to 7,787 square feet, providing flexibility for businesses of various sizes. The building is Energy Star rated, reflecting a commitment to sustainability and efficiency. Its convenient location just off Exit 172 of the Garden State Parkway ensures easy access for employees and clients. Nearby amenities include the Woodcliff Lake Hilton and Park Ridge Marriott hotels, providing convenient lodging options for visitors. The Shoppes at Tices Farm and Life Time Fitness are also within minutes, offering shopping and recreational opportunities. This property presents a unique opportunity to establish a thriving business in a highly desirable and well-connected location. The multiple tenancy structure allows for a diverse range of businesses to coexist within the building. The building's modern design and convenient location make it an ideal choice for businesses seeking a high-quality office environment in Northern New Jersey. The zip code is 07645.

    Property Features for 50 Chestnut Ridge Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,000 SF
    Class
    A
    Total Rate
    225333.33

    Unit(s) available at that property

    Space
    Available Space 2 - 2nd Floor
    Size
    3,324 SF
    Rate per SF
    $26
    Space
    Available Space 4 - 2nd Floor
    Size
    7,787 SF
    Rate per SF
    $26
    Space
    Available Space 3 -2nd Floor
    Size
    4,545 SF
    Rate per SF
    $26
    Space
    Available Space 1 - 2nd Floor
    Size
    1,386 SF
    Rate per SF
    $26

    HighLights

    • Exceptional executive office space in a prestigious Class A building at 50 Chestnut Ridge Road, Montvale, NJ 07645.
    • Four available suites ranging from 1,386 to 7,787 square feet.
    • Recently renovated lobby and hallways in a 104,000 square foot, two‑story building.
    • Energy Star rated building for energy efficiency and sustainability.
    • Convenient Garden State Parkway (Exit 172) location with nearby hotels, shopping (Shoppes at Tices Farm), and Life Time Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Merrill Lynch Wealth ... Financial Planner Mitsuya Boeki USA, ... Chemical Exporter Merrill Lynch Financial ... Financial Planner Merrill Lynch Wealth ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montvale
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.071568320838
    Latitude
    41.050982184136

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, 4 Available
    Where is this office property / space located?
    The property is located at 50 Chestnut Ridge Rd Montvale, NJ.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Exceptional executive office space in a prestigious Class A building at 50 Chestnut Ridge Road, Montvale, NJ 07645.; Four available suites ranging from 1,386 to 7,787 square feet.; Recently renovated lobby and hallways in a 104,000 square foot, two-story building.
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    50 Chestnut Ridge Rd Montvale, NJ 07645
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    Montvale, NJ 07645
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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
    50 Chestnut Ridge Rd Montvale, NJ 07645
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