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Property profile & analytics

21 Orchard St Denville, NJ 07834

  • Commercial real estate
  • 1,584 SF
  • 0.24 lot acres
Value Estimations
Cap Rate Potential
3.3%
Commercial real estate
Location Intelligence
Property ID
US59-1813653
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

  • Commercial real estate

Property Details for 21 Orchard St

Year built
1977
Lot size
0.24 lot acres
Property size
1,584 SF
Zone code
OB-1
Property type
Commercial real estate
APN
08 50410-0000-00006
APU
850410000000006

Description

This exceptional 3,000 square foot commercial building in Denville, NJ, presents a unique investment opportunity. Situated on a 0.24-acre lot, the property features a pristine two-level layout, ideal for various professional uses. The first level currently houses a high-end dental practice, complete with a sophisticated reception area featuring a custom circular desk and granite countertops, four fully equipped exam rooms, a lab area, 1.5 bathrooms, and a private dentist's office. Cathedral ceilings create an open and inviting atmosphere. High-end dental equipment is available for purchase with the building. The second level, accessible via a separate entrance, offers six individual rooms currently leased to a therapist, generating immediate rental income. This level also includes a kitchenette and a half bath. The building's versatile configuration allows for diverse professional uses, offering potential for significant cash flow whether operating the existing dental practice, leasing the space, or relocating your own business. This is a rare opportunity to acquire a state-of-the-art commercial property with established income and significant upside potential. The asking price is $1,250,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $355,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $537,000
    Market price range: $252k - $537k
    AI Estimate
    $374,000
    Market price range: $124k - $374k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $385,000
    Current use
    OFFICE BUILDING
    $330,000
    Change: -13% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Denville
County
Morris
State
New Jersey
Longitude
-74.4772
Latitude
40.8949
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
$16,075
$139,100
$485,900
$625,000
-
$139,100
$485,900
$625,000
More about this property
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