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Property profile

1044 Suite 1 Mountainside, NJ 07092

OFF-MARKET
Office Spaces
View Sample
7,688 SF 0.1 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 1, Unit 1, Mountainside, NJ. The offering encompasses four individual office suites (Suites 1 through 4) situated on the first floor, totaling 7,688 square feet. Each suite is currently leased to existing tenants, providing immediate and consistent passive income for the new owner. This translates to a strong return on investment from day one, minimizing vacancy risk and maximizing profitability. The property sits on a 0.1-acre lot, offering convenient access and ample parking. The building's professional office space is ideal for a variety of businesses, ensuring a stable tenant base and long-term rental potential. This is a rare chance to acquire a well-located, income-generating commercial property in the thriving Mountainside, NJ market. The asking price for this turnkey investment is $156,000. Financial statements and lease agreements are available upon request, allowing for a thorough due diligence process. Don't miss this chance to secure a valuable addition to your real estate portfolio. Contact us today to schedule a viewing and explore this lucrative opportunity further.

Property profile

Verified
Property type Office Spaces
Year built 1987
Total area 7,688 SF
Lot 0.1 ac (4,356 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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