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    31 Fairmount Ave Chester, NJ 07930
    Property profile & analytics

    31 Fairmount Ave Chester, NJ 07930


    • Commercial real estate
    • 11,260 SF
    • 1.14 lot acres
    Office Suites Available For Rent For Lease
    $18 SF/Yr
    1,380 SF

    Office Suites Available For Rent

    Office suites for lease at $18 PSF plus CAM.

    31 Fairmount Ave, Chester, NJ 7930
    View Listing
    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.

    Value Estimations
    $1,460,000
    Cap Rate Potential
    4.5%
    Commercial real estate
    Location Intelligence

    Current Use by 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

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,855,000
      ML approach
      $1,875,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,380,000
      6.5%
      $1,270,000
      7%
      $1,180,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,654,000
      Market price range: $1.64M - $4.09M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,360,000

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


    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
    View Listing
    More about this property
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