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    Property profile & analytics

    50 Chestnut Ridge Rd Montvale, NJ 07645

    • Commercial real estate
    • 11.20 lot acres
    For Lease
    View listing
    $26 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US59-2050270
    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

    • Merrill Lynch Wealth Management / Financial Planner / Investment Service
    • Mitsuya Boeki USA, Inc. / Chemical Exporter
    • Merrill Lynch Financial Advisor Joseph Andrew Grant / Financial Planner / Financial Consultant
    • Merrill Lynch Wealth Management Advisor Bernard S Cohen / Financial Planner / Financial Consultant

    Property Details for 50 Chestnut Ridge Rd

    Lot size
    11.20 lot acres
    Property type
    Commercial real estate
    APN
    36 03004-0000-00002
    APU
    3603004000000002

    Description

    50 Chestnut Ridge Road in Montvale, New Jersey, offers exceptional executive office space in a prestigious Class A building. This two-story building totals 104,000 square feet and boasts recently completed lobby and hallway renovations, creating a modern and inviting atmosphere. Four suites are currently available, ranging in size from 1,386 to 7,787 square feet, providing flexibility for businesses of various sizes. The building is Energy Star rated, reflecting a commitment to sustainability and efficiency. Its convenient location just off Exit 172 of the Garden State Parkway ensures easy access for employees and clients. Nearby amenities include the Woodcliff Lake Hilton and Park Ridge Marriott hotels, providing convenient lodging options for visitors. The Shoppes at Tices Farm and Life Time Fitness are also within minutes, offering shopping and recreational opportunities. This property presents a unique opportunity to establish a thriving business in a highly desirable and well-connected location. The multiple tenancy structure allows for a diverse range of businesses to coexist within the building. The building's modern design and convenient location make it an ideal choice for businesses seeking a high-quality office environment in Northern New Jersey. The zip code is 07645.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montvale
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0719
    Latitude
    41.0511
    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
    $265,212
    $5,575,000
    $5,158,000
    $10,733,000
    -
    $5,575,000
    $5,158,000
    $10,733,000

    Comparable in this City

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      135 Chestnut Rdg Rd

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      14,000 SF

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    50 Chestnut Ridge Rd
    Montvale, NJ 07645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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