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Property profile & analytics
OFF-MARKET Estimated value $870,000
Commercial real estate

45 Park St Montclair, NJ 07042-3439

2,864 SF 0.13 ac lot Built 1892
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1533737
Property summary
AI-generated overview

The Siena, located at 45 Park Street in Montclair, New Jersey (zip code 07042), presents a unique mixed-use retail investment opportunity in Essex County. This property boasts a total of 35,947 square feet, currently featuring two suites. A significant portion of the building, totaling 20,755 square feet, is currently vacant and available for lease. The minimum leasable space is 2,686 square feet, while the maximum contiguous space available is 18,069 square feet, offering flexibility for various business needs. The property is conveniently situated and benefits from on-site parking in a dedicated parking deck. This prime location in Montclair offers excellent visibility and accessibility for businesses seeking a vibrant and thriving market. The property's mixed-use zoning allows for a diverse range of retail concepts. Interested parties are encouraged to inquire about lease terms and availability for this exceptional retail space. The property is classified as retail with a mixed-use subtype and multiple tenancy. The address is easily accessible via major roadways and offers convenient access to public transportation. This presents a rare opportunity to establish a presence in a highly desirable Montclair location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1892
Construction FRAME
Total area 2,864 SF
Lot 0.13 ac (5,624 SF)
Zoning code OR3
APN 13 02309-0000-00001
UPID US59-1533737
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
  • Mido Advertising Group Marketing & Advertising Advertising Agency
  • Dr. Avianne Waithe Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$610k
Comparable Approach Comparable
$607k
Blend (final) Blend
$870k
Owner & transaction history
Raven Wolf LLC · 1 yrs held
Raven Wolf LLC
since 2024
Last sale
$1.1M
5 recorded transactions
2024
$1.1M
2019
$825,000
2019
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
OR3 · Montclair, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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