Properties

Description

Rare investment opportunity to acquire two turnkey office condos offered together as one versatile package in a peaceful, prime Montville business complex. Recently renovated in 2024 and flooded with abundant natural light, these rent-ready suites feature central air, an accessible hallway bath, a storage room, two spacious bullpens, and seven private offices split across the units (3 in the first suite, 4 in the second). Bonus storage room also available on the main level floor next to stairs. Currently income-producing with a tenant leased through June 2027, the property offers fantastic flexibility. It can be also delivered vacant at closing, making it perfect for an owner-occupant, or the units can be leased separately in the future to maximize rental yield. It's the perfect setup for a business owner looking to occupy one suite while renting out the other to offset expenses, all while enjoying ample on-site parking and a highly desirable location with easy access to major routes.

Features

  • Heating System : Forced Hot Air, 2 Units
  • Cooling System : Central Air
  • Roof Deck : Asphalt Shingle
  • Tax Assessed Valuation: 93000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: See Remarks
  • Internet

Additional Info

  • Office Name: HERA REALTY GROUP
  • Office MLS ID: 5580
  • Agent ID: 296460
  • Tax: 5512
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: RLM1

Commercial For Sale

For Sale
$289,000

150 River Rd, Montville Twp., *

  • SQFT 0.02 Acre
  • Built Year 1982

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5448992
  • Price: $289,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1982
  • Year Built Description: Standing
  • Lot Area: 0.02 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Morris
  • City Montville Twp.
  • Zipcode *
  • Street: River Rd
  • Street Number: 150
  • Street Direction: GPS, Drive to Building C, walk behind Building C
  • Building Name: B
  • Floor Number: 0
  • Longitude: W75° 37' 44''
  • Latitude: N40° 53' 28.6''
  • Internet Display Address: Yes
Property