Mack-Cali Montvale 1 | 95 Chestnut Ridge Rd
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Mack-Cali Montvale 1 95 Chestnut Ridge Rd
47,700 SF 85% Leased Office Building Montvale, NJ 07645 $15,800,950 CAD ($331 CAD/SF)
Executive Summary
Discover this exceptional 47,700 sq. ft. professional office building in sought-after Montvale, NJ, bordering Chestnut Ridge. Strategically located near major highways, this property is 85% leased to quality tenants, offering an excellent opportunity for investors or owner-occupiers. Approximately 7,000 sq. ft. is available, with some month-to-month leases providing flexibility for immediate occupancy. The building features large, airy windows and a unique layout with two stories from the front and three stories from the back, creating a bright and professional environment. Perfectly positioned in a prime business hub, this property is ideal for generating rental income or establishing your headquarters. Contact us today to learn more!
Data Room Click Here to Access
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,175,272
|
$24.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,175,272
|
$24.64
|
| Taxes |
$148,242
|
$3.11
|
| Operating Expenses |
$371,035
|
$7.78
|
| Total Expenses |
$519,277
|
$10.89
|
| Net Operating Income |
$655,995
|
$13.75
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,175,272 |
| Annual Per SF | $24.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,175,272 |
| Annual Per SF | $24.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $148,242 |
| Annual Per SF | $3.11 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $371,035 |
| Annual Per SF | $7.78 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $519,277 |
| Annual Per SF | $10.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $655,995 |
| Annual Per SF | $13.75 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
47,700 SF
Building Class
B
Year Built
1975
Price
$15,800,950 CAD
Price Per SF
$331 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,900 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
4.12 AC
Zoning
OR-2
Parking
220 Spaces (4 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 3,000-10,000 SF | Office | - | Now |
2nd Floor
| Size |
| 3,000-10,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 8
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2nd Floor
| Size | 3,000-10,000 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 36-02701-0000-00004 | Total Assessment | $6,159,354 CAD |
| Land Assessment | $2,959,087 CAD | Annual Taxes | $148,242 CAD ($3.11 CAD/SF) |
| Improvements Assessment | $3,200,267 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
36-02701-0000-00004
Land Assessment
$2,959,087 CAD
Improvements Assessment
$3,200,267 CAD
Total Assessment
$6,159,354 CAD
Annual Taxes
$148,242 CAD ($3.11 CAD/SF)
Tax Year
2024
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Mack-Cali Montvale 1 | 95 Chestnut Ridge Rd
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