50 Chestnut Ridge RdMontvale, NJ 07645

  • Other commercial real estate
  • 11.20 AC
For Lease
$26/SF/YR View listing

Property Details for 50 Chestnut Ridge Rd

Lot size
11.20 AC
Property type
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $92,324,464
    Hospitality
    $84,568,712
    Educational
    $70,360,176
    Medical
    $72,779,968
    Retail
    $109,449,160
50 Chestnut Ridge Rd, Montvale, New Jersey

Location Insight

City
Montvale
County
Bergen
State
New Jersey
Latitude
41.0511
Longitude
-74.0719
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

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