123 Highland AveGlen Ridge, NJ 07028

  • Other commercial real estate
  • 22,140 SF
For Lease
$25/SF/YR View listing

Property Details for 123 Highland Ave

Year built
1980
Lot size
1.14 AC
Property size (Sq ft)
22,140 SF
Zone code
B
Property type
Other commercial real estate
APN
08 00096-0000-00020
APU
800096000000020

Description

This exceptional four-story medical office building, located at 123 Highland Avenue in Glen Ridge, New Jersey, offers a variety of suite sizes perfect for medical professionals. The building totals 22,140 square feet and features convenient elevator access. Currently, there is 5,768 square feet of vacant space available, with suites ranging from a minimum of 1,442 square feet to a maximum contiguous space of 2,395 square feet. The building's prime location in Essex County, with easy access to major transportation routes, makes it an ideal location for a thriving medical practice. The multiple tenancy structure provides a diverse and collaborative environment. The building's modern design and amenities cater to the needs of today's medical professionals, ensuring a comfortable and efficient workspace. This is a rare opportunity to secure high-quality medical office space in a desirable location. The available suites are ready for immediate occupancy, allowing for a quick and seamless transition for your practice. Contact us today to schedule a viewing and explore the possibilities. The zip code is 07028.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,189,754
    Hospitality
    $3,837,792
    Educational
    $3,192,998
    Medical
    $3,302,810
    Retail
    $4,966,886
123 Highland Ave, Glen Ridge, New Jersey

Location Insight

City
Glen Ridge
County
Essex
State
New Jersey
Latitude
40.8092
Longitude
-74.2039
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
$192,252
$1,986,300
$3,851,900
$5,838,200
-
$1,986,300
$3,851,900
$5,838,200

FAQs

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