111 Howard BlvdMount Arlington, NJ 07856

Property Details for 111 Howard Blvd

Lot size

10.05 AC

Property size (Sq ft)

98,528 SF

Zone code

PUD

Property type

Office properties

Property subtype

Office buildings

APN

26 00061- 02-00023- 02

APU

2600061020002302

Description

This exceptional Mount Arlington, New Jersey property, located at 111 Howard Blvd, 07856, presents a prime opportunity for businesses seeking flexible workspace. The Mt. Arlington Corporate Center III offers a total of 72,666 square feet of office, industrial, and high-tech suites, ideal for a variety of uses. The building features multiple tenancies, allowing for scalability and customization to suit diverse business needs. Suite sizes range from 1,412 square feet to 8,928 square feet, providing options for both small and large enterprises. Ample parking is available, with a generous ratio of 5 spaces per 1,000 square feet. Situated in Morris County, this location provides convenient access to major transportation routes and a thriving business community. The property's flexible design and generous square footage make it an attractive option for companies seeking a modern and adaptable workspace in a desirable New Jersey location. The building's high-tech capabilities cater to businesses requiring advanced technological infrastructure. This is a rare opportunity to secure a well-located and versatile commercial space in a highly sought-after area. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $24,475,882

  6.5%

  $22,593,122

  7%

  $20,979,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,960,201

  Geo Method

  $12,873,668

• Alternative Use

  Use

  Valuation

  Residential

  $28,015,472

  Hospitality

  $25,662,022

  Educational

  $21,350,500

  Medical

  $22,084,776

  Retail

  $33,211,890

Location Insight

City

Mount Arlington

County

Morris

State

New Jersey

Latitude

40.9017

Longitude

-74.6357

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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