Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Corner Office Suite Title is generated by Realmo AI

    990 Raritan Rd, Clark, NJ 07066

    View on Map
    Claim this Listing
    New
    For Lease
    $1,750/Mo $20 SF/Yr (calc)

    Commercial - Clark Twp., NJ

    Property size:
    1,050 SF
    Lot size:
    0.24 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 8:06 pm

    Property Features for 990 Raritan Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Parking
    2
    Parking features
    Assigned
    Basement Y/N
    1
    Standard status
    Active
    Size
    1,050 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    25106

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    ALICIA HOLDEN
    ALICIA HOLDEN

    Listing agent ALICIA HOLDEN

    Listing office ERA SUBURB REALTY 1773 E. 2ND ST., Scotch Plains, NJ

    Listing date Jun 4, 2026

    MLS# 4032254 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2019‑built 4‑unit professional office building
    • Office suite with private entrance, kitchenette, private bathroom, and large storage closet
    • Central air and forced air heating
    • Includes 2 exclusive assigned parking spots
    • Basement included in the suite
    • Separate utilities paid by tenant; 3‑year minimum lease; unfurnished

    Overview

    This modern, open-plan professional office suite is located in a four-unit building and is ready for immediate occupancy. The space is set up for a range of professional uses, with a private entrance, a kitchenette, a private bathroom, and a large storage closet. Central air is in place, and the suite is unfurnished, allowing tenants to tailor the interior to their workflow.

    The property sits on a highly visible corner at 990 Raritan Rd in Clark Twp., NJ. Tenant access includes private entrance use, along with two exclusive parking spots, supporting convenient day-to-day visits. The building configuration includes four separate units, which can help maintain privacy for office users.

    Ideal for professionals seeking a discreet, self-contained work environment, the suite can support uses such as legal practice, private consultation, therapy, freelancing, photography studio work, or life coaching. Tenants should plan for separate utilities, as utilities are paid by the tenant. A minimum three-year lease term applies, and the asking terms reflect a leasing arrangement listed for this unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arias & Partners Wealth ... Financial Advisor Carlos F Arias ... Financial Advisor DENTURE LABORATORY Dental Office Mark Mazzei - Associate ... Financial Advisor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Clark
    County
    Union
    State
    New Jersey
    Longitude
    -74.3175316
    Latitude
    40.6256776

    Nearby Similar for Lease

    • $4,000/Mo

      Clark Twp. Commercial Office Space

      Well-maintained office space in high-visibility location, flexible layout.
      30 Brant Ave, Clark Twp., NJ 07066-1513
      View Details
    • $2,800/Mo

      Retail Space Available For Rent

      Retail space for rent in Clark Twp., NJ.
      727 Raritan Rd, Clark Twp., NJ 07066
      View Details
    • $18 SF/Yr
      23,292 SF

      Warehouse with Cooler and Office

      Warehouse space with cooler, office, and parking available for sublease.
      265-271 Central Ave, Clark, NJ
      View Details
    • Contact for pricing
      23,292 SF

      Refrigerated Warehouse Sublease in Clark

      23,292 SF refrigerated warehouse sublease available through 2030.
      271 Central Avenue | Clark, NJ 07066
      View Details
    • $21 SF/Yr
      1,181 SF

      Clark Office Space For Rent

      Office space available for lease in Clark, New Jersey.
      67 Walnut Ave, Clark, NJ
      View Details
    • $21 SF/Yr
      4,844 SF

      Clark Office Space For Rent

      Office space available for lease in Clark, New Jersey.
      77 Brant Ave, Clark, NJ
      View Details
    • $21 SF/Yr
      4,350 SF

      Clark Office Space For Rent

      4,350 SF office space available for lease.
      60 Walnut Ave, Clark, NJ
      View Details
    • $17 SF/Yr
      40,880 SF

      Industrial Flex Space in Clark

      40,880 SF flex/industrial space available for lease.
      133 Terminal Ave, Clark, NJ
      View Details

    FAQs

    What type of property is this?
    Office units - Modern open-plan office suite with private entrance, dedicated parking, kitchenette, and private bath for immediate occupancy.
    Where is this office units located?
    The property is located at 990 Raritan Rd Clark, NJ.
    What is the lease rate?
    The lease rate is $1,750 /Mo.
    What are key features of this property?
    This property features: 2019‑built 4‑unit professional office building; Office suite with private entrance, kitchenette, private bathroom, and large storage closet; Central air and forced air heating
    (908) 322-4434
    We can help!
    Listing Contact
    ALICIA HOLDEN
    ALICIA HOLDEN
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    990 Raritan Rd, Clark Twp., NJ 07066
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!