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Property profile & analytics
FOR LEASE
Commercial real estate

31 Fairmount Ave Chester, NJ 07930

11,260 SF 1.14 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-2054047
31 Fairmount Ave, Chester, NJ 07930 For Lease
$18 SF/Yr 1,380 SF available
31 Fairmount Ave, Chester, NJ 07930
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction FRAME
Total area 11,260 SF
Lot 1.14 ac (49,658 SF)
Zoning code O-P
APN 06 00117-0000-00021
UPID US59-2054047
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rise Above LLC Crisis Center Medical Clinic
  • Gomeringer Joseph CPA Accounting Firm Tax Preparation
  • Hyde and Associates, LLC Accounting Firm
  • Yari’s Angels Home Care Home Health Care Service
  • Chester Limo NJ Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.88M
CAP Approach CAP
$1.27M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.46M
Owner & transaction history
414 Bradford LLC · 5 yrs held
414 Bradford LLC
since 2021
Last sale
$1.4M
1 recorded transaction
2021
$1.4M
Zoning & alternative use
O-P · Chester, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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