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    135 Chestnut Ridge Rd Montvale, NJ 07645

    For Lease
    $24 SF/Yr

    Executive & Medical Suites, NJ

    Lot size:
    66,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This three-story, Class B office building at 135 Chestnut Ridge Road, Montvale, NJ 07645, offers 66,150 square feet of versatile space ideal for executive or medical office uses. Built in 1981, the property features multiple tenancies and boasts a prominent lobby entrance. Amenities include a new shared conference facility, a break room with Wi-Fi, and a shared full-service building café. Abundant parking is available on-site, along with an on-site property manager for convenient building management. The building enjoys a prestigious corporate neighborhood location, with easy access to major roadways including the Garden State Parkway and I-287. Its proximity to the New York State Thruway, Palisades Interstate Parkway, and Tappan Zee Bridge further enhances its desirability. Nearby amenities include numerous restaurants such as The Fire and Oak, Bellissimo's, Aldo & Gianni's, The Hearth & Tap, and the Park Restaurant, as well as convenient banking options with Chase, Bank of America, and TD Bank branches located on Chestnut Ridge Road. This location offers a blend of professional convenience and accessibility, making it an attractive option for businesses seeking a high-quality office space in northern New Jersey.

    Property Features for 135 Chestnut Ridge Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,150 SF
    Class
    B
    Total Rate
    132300

    Building Details

    Year Built
    1981
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    7,651 SF
    Rate per SF
    $24
    Space
    Available Space 1
    Size
    7,735 SF
    Rate per SF
    $30
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mahoney Asset Management Financial Planner Grass Valley Electronics Manufacturer Mason's Chimney Cleaning Chimney Sweep Next Millennium Media Advertising Agency S44 Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -74.0664721
    Latitude
    41.0592278

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    FAQs

    What type of property is this?
    Medical office - Executive & Medical Suites, NJ
    Where is this medical office located?
    The property is located at 135 Chestnut Ridge Rd Montvale, NJ.
    What is the lease rate?
    The lease rate is $24-$30 SF/Yr.
    Request Owner's contact information
    135 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
    135 Chestnut Ridge Rd Montvale, NJ 07645
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