Exceptional opportunity to acquire a freestanding, approximately 10,000 SF medical and professional office building in the heart of Montclair, NJ. Set on a high-visibility stretch of Valley Road, this two-story brick and block landmark, delivers the location, parking, and flexibility that today's medical, professional, and investor buyers demand.This is a… Read More true income-plus-upside play. Flexible floor plans set this building apart. The first floor is configured as two separate suites, an established medical suite of approximately 2,100 SF and an adjacent suite of approximately 2,000 SF. The two adjacent suites can easily be combined into a single, contiguous ground-floor space of roughly 4,100 SF, giving an owner-user the option to occupy an entire floor or a landlord the flexibility to lease one large suite or maintain two separate income streams. The full second floor is a single, expansive suite of approximately 4,300 SF, ideal for a larger practice or professional group that wants a private, dedicated floor with its own entrance, signage, and identity. Solid and well maintained, high-demand corridor where parking is at a premium.Property is being sold in as is condition. Transfer Tax will be split between buyer and seller. The buyer is responsible for obtaining and payment of any required Compliance inspections or certifications through township required to transfer ownership of this property. Read Less
Courtesy of KELLER WILLIAMS REALTY, LEONARD GINCHEREAU JR, 856-904-1884
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Square Ft.
9,880
Year Built
1970
MLS Number
4036362
30 Days Snapshot Of 07042
$1.06M
-29%
(avg) sold price
18
+63%
homes sold
75
+38%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1970, Renovated in 2018
Cooling
2 Units, Multi-Zone Cooling
Exterior Features
Brick/Block
Garage
17 garage spaces
Water Features
Public Water
Heating
Gas-Natural, 2 Units, Multi-Zone
Lot
Approximate Lot Size: 104X160 IRR
Property
9,880 sqft building, 3 units
Roof
Asphalt Shingle, Flat
Sewer
Public Available
Taxes
Annual Tax Amount: $59,772, Tax Rate: 3.516
Utilities
Electric, Gas-Natural
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
Confirm your time
Fill in your details and we will contact you to confirm a time.
