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    31 Fairmount Ave Chester, NJ 07930

    • Commercial real estate
    • 11,260 SF
    • 1.14 lot acres
    For Lease
    View listing
    $21 SF/Yr
    Value Estimation
    $1,730,000
    Last Sale
    Apr 22, 2021
    $1,350,000
    Location Intelligence
    Property ID
    US59-2054047
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rise Above LLC / Mental Health Service
    • Gomeringer Joseph CPA / Accountant
    • Hyde and Associates, LLC / Certified Public Accountant / Accounting Firm
    • Yari’s Angels Home Care / Home Health Care Service
    • Chester Limo NJ / Transportation Service

    Property Details for 31 Fairmount Ave

    Year built
    1970
    Construction
    FRAME
    Lot size
    1.14 lot acres
    Property size
    11,260 SF
    Zone code
    O-P
    Property type
    Commercial real estate
    APN
    06 00117-0000-00021
    APU
    600117000000021

    Description

    This exceptional 11,100 square foot traditional office building, located at 31 Fairmount Ave in Chester, New Jersey (zip code 07930), offers multiple suites for lease. Situated in Morris County, this property provides convenient access to major transportation routes and amenities. The building features a variety of suite sizes to accommodate diverse business needs. Currently available are two well-appointed suites: Suite 101, encompassing 763 square feet, is offered at a monthly rental rate of $1,500, plus $130 for common area maintenance (CAM) and utilities. Suite 201, a more substantial 1,380 square feet, is available for $2,500 per month, with CAM and utilities adding $200 to the monthly cost. These figures represent a compelling opportunity for businesses seeking efficient and well-located office space in a thriving New Jersey community. The building's traditional office design provides a professional and comfortable work environment. Interested parties are encouraged to inquire about lease terms and availability. The property's precise location is 40.7878394 latitude and -74.6821935 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Morris
    State
    New Jersey
    Longitude
    -74.682
    Latitude
    40.7877
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $35,400
    $405,100
    $964,000
    $1,369,100
    -
    $405,100
    $964,000
    $1,369,100

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    31 Fairmount Ave
    Chester, NJ 07930
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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
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