Property profile

28 Valley Rd Montclair, NJ 07042

OFF-MARKET
Office Spaces
13,368 SF
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Property summary

AI-generated overview

This Class A, 13,368 square foot office building in Montclair, New Jersey, offers a variety of flexible workspace solutions. Located at 28 Valley Road, 07042, in Essex County, this renovated (2019) property boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The building features amenities including a business lounge, outdoor seating, and parking for cars and bikes. Its convenient location in Montclair's historic downtown business district provides easy access to a variety of restaurants, shops, and fitness centers, and is within a mile of train stations offering convenient access to New York City's business districts. The property is ideal for businesses seeking executive office space, coworking arrangements, or creative office environments. The building includes elevators for easy access to all floors. Multiple tenancy options are available to accommodate various business needs and sizes. This vibrant and well-maintained building provides a productive and comfortable work environment.

Property profile

Verified
Property type Office Spaces
Total area 13,368 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

28 Valley Rd Montclair, NJ 07042
Montclair metro
Google Maps

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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