75 Midland Ave Montclair, NJ 07042-2915
This stunning 4,213 square foot Victorian office building in downtown Montclair, NJ offers a unique blend of residential charm and vibrant commercial accessibility. Located on a 0.37-acre lot, the entire second floor (Suite 2) is available for lease at $4500 per month. The suite boasts six private offices, each with natural light, plus a shared reception area and a private bathroom. Tenants also enjoy access to a large first-floor conference room, perfect for meetings and presentations. The building's well-preserved architectural details add character and sophistication. Enjoy the convenience of a wrap-around porch, ideal for outdoor calls or breaks. The property's prime location places you within easy walking distance of Walnut Street and Bloomfield Avenue, offering a wealth of dining and shopping options. Ample private parking is available on-site. Utilities are pro-rated, and tenants are responsible for cleaning their individual spaces and sharing common area cleaning costs. Real estate tax increases from the base year will also be pro-rated. Exterior landscaping is maintained by the owner. A significant benefit for incoming tenants is the potential to inherit an existing sublet agreement for two offices, generating an additional $1500 per month in income. This exceptional property presents a rare opportunity to establish a thriving business in a highly desirable Montclair location.
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Mindful Wealth Management - Ameriprise Financial Services, LLC Financial Advisor
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Kari Sirianni - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
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Curtis White - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
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John Nasisi - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
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Luidgi Faubert - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OR3 · Montclair, NJMontclair. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.