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Property profile

1044 Suite 2 Mountainside, NJ 07092

OFF-MARKET
Office Spaces
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7,688 SF 0.12 ac lot Built 1987

Property summary

AI-generated overview

This exceptional investment opportunity presents itself in the form of a two-story office building located at 1044 Route 22 West, Suite 2, Mountainside, NJ. The property encompasses a substantial 7,688 square feet situated on a 0.12-acre lot. Currently, only the first floor is available for purchase, comprising four individual suites (Suites 1 through 4). Each suite is currently leased to existing tenants, providing immediate and consistent passive income for the new owner. This presents a unique chance to acquire established rental income streams within a well-located commercial property. The building's prime location on Route 22 West offers excellent visibility and accessibility, making it an attractive proposition for both tenants and investors. The asking price for this turnkey investment is $185,000. This represents a compelling opportunity to enter the lucrative New Jersey commercial real estate market with a proven income-generating asset. The existing leases provide a stable foundation for future growth and potential appreciation. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial information and lease agreements are available upon request. Don't miss this chance to secure a valuable piece of Mountainside commercial real estate.

Property profile

Verified
Property type Office Spaces
Year built 1987
Total area 7,688 SF
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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