9
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$289,000
Est. payment /mo
1,900 SqFt
New
150 River Rd Montville Twp., NJ 07045
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Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $152
MLS Listing ID 4043762
Year Built 1982
Annual Tax Amount $5,512
Tax Year 2025
Lot Size 871 Sqft
Property Sub-Type Condominium
Property 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.
Location
State NJ
County Morris
Zoning RLM1
Interior
Heating See Remarks
Cooling Central Air
Equipment Smoke Detector
Heat Source See Remarks
Exterior
Exterior Feature Vinyl Siding
Utilities Available See Remarks
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Condominium
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Listed by HERA REALTY GROUP
NEARBY SCHOOL & BUSINESS
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