Technical
Financial
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Property profile

31 Mtn Blvd Bldg I Warren, NJ 07059

OFF-MARKET
Office Spaces
Property ID
US59-1278362
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,000 square foot office condominium is located in the desirable Warrenville Plaza in Warren, New Jersey. The unit boasts a thoughtfully designed layout, perfect for a variety of professional uses, including medical practices. The main level comprises 1,500 square feet of finished space, featuring three private offices, a spacious conference room ideal for client meetings or team collaborations, an open workspace area promoting efficient workflow, a welcoming reception area, a convenient kitchenette, a private restroom for added privacy, and a dedicated storage room for organizational needs. Adding significant potential for expansion or additional storage, a 1,500 square foot unfinished basement is included. The property also offers the convenience of four assigned parking spaces within the shared parking lot, eliminating parking hassles for staff and clients. Its strategic location provides easy access to major transportation arteries, including Interstate 78 and US Route 22, ensuring seamless commutes and convenient client access. This turnkey office space presents a rare opportunity to establish or expand a business in a highly sought-after location. The combination of functional design, ample parking, and prime location makes this property an exceptional investment.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Zoning code RBLR
APN 20 00088- 08-00007- 10-CO010
UPID US59-1278362

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Physician
  • Physician
  • Physician
  • Marriage Or Relationship Counselor

Location

31 Mtn Blvd Bldg I Warren, NJ 07059-5646
Warren metro Census 52201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

RBLR · Warren, NJ
Zoning description

RBLR RESTRICTED RETAIL-BUSINESS SERVICE DISTRICT. § 16-14.1 Purpose. [ Ord. No. 93-24 ] This zone is confined to the limited area along and behind Mountain Boulevard and portions of the town center delineated in the adop…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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