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    115 Horseneck Rd Montville, NJ 07045
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    Property profile & analytics

    115 Horseneck Rd Montville, NJ 07045


    • Commercial real estate
    • 8,956 SF
    • 0.92 lot acres
    Office Space Available For Lease For Lease
    $23 SF/Yr

    Office Space Available For Lease

    Office space for lease at 115 Horseneck Rd, Montville, NJ

    115 Horseneck Rd, Montville, NJ 7045
    View Listing
    Property ID
    US59-1295341
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Casha & Casha, LLC / Law Firm
    • Counseling With A Difference, Montville, Sanya Bari / Marriage Or Relationship Counselor
    • Pro Tech Driving Academy LLC / Training Center / Vocational School
    • Care & Cure Physical Therapy / Medical Clinic
    • Realty Executives First Class / Real Estate Agency

    Property Details for 115 Horseneck Rd

    Year built
    2005
    Lot size
    0.92 lot acres
    Property size
    8,956 SF
    Zone code
    OB1
    Property type
    Commercial real estate
    APN
    21 00139- 3-00007- 3
    APU
    21001393000073

    Description

    This exceptional executive office space at 115 Horseneck Road in Montville, New Jersey, offers a flexible layout ideal for various business needs. Located in Morris County, this property boasts a total of 3,280 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 1,480 square feet and a maximum contiguous space of 1,800 square feet. Options include a first-floor suite of approximately 1800 square feet (potentially divisible to 900 square feet), suitable for medical practices, or a second-floor space of approximately 1480 square feet. The second-floor space currently features three private offices, a conference room, an open area, and a reception area. Alternatively, several smaller, individual offices are available on the lower level. The building includes elevators for convenient access. Ample parking is provided for tenants and their clients. Lease rates are available upon request. This property presents a fantastic opportunity for businesses seeking modern, well-appointed office space in a desirable Montville location, zip code 07045. The property is classified as an Executive Office and is suitable for multiple tenants.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,095,000
      6.5%
      $1,010,000
      7%
      $940,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,482,000
      Market price range: $716k - $2.29M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,875,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Montville
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3644
    Latitude
    40.8908
    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
    $41,400
    $322,000
    $1,295,200
    $1,617,200
    -
    $322,000
    $1,295,200
    $1,617,200
    View Listing
    More about this property
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