901 Mountain AveSpringfield, NJ 07081

  • Commercial real estate
  • 2,968 SF
For Lease
$24/SF/YR View listing

Property Details for 901 Mountain Ave

Year built
1980
Construction
STEEL FRAME
Lot size
6.48 AC
Property size (Sq ft)
2,968 SF
Property type
Commercial real estate
APN
17 03901-0000-00003
APU
1703901000000003

Description

Echo Plaza Shopping Center presents a unique opportunity to lease prime medical office space in a thriving Union County location. This 66,567 square foot community center boasts a highly visible position on Route 22, offering exceptional vehicular exposure within a heavily trafficked retail corridor in Northern New Jersey. The property sits on a 6.48-acre lot and includes 350 surface parking spaces for ample client, customer, and staff convenience. The building itself is fully sprinklered and features perimeter security monitors, ensuring a safe and secure environment. This multi-tenant building offers flexible lease options, including the possibility of build-to-suit spaces designed to meet individual tenant needs. Each suite benefits from separate utilities. High-speed internet access is available. The property is zoned for highway commercial use and also benefits from frontage on Mountain Avenue. The center is part of a larger complex, Echo Executive Plaza, which includes an additional 41,100 square foot office building, further enhancing the area's appeal and drawing a diverse mix of retailers and businesses. Currently, 24,756 square feet of retail space is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $561,662
    Hospitality
    $514,479
    Educational
    $428,041
    Medical
    $442,762
    Retail
    $665,841

Location Insight

City
Springfield
County
Union
State
New Jersey
Latitude
40.6858
Longitude
-74.3344
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
$241,413
$4,781,300
$6,147,300
$10,928,600
-
$4,781,300
$6,147,300
$10,928,600

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