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56 Park St

10,895 SF 100% Leased Office Building Montclair, NJ 07042 $3,500,000 ($321.25/SF)

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EXECUTIVE SUMMARY

Queen Anne Victoria building built in 1880, renovated and expanded in 1986. A substantial renovation has been completed 2023. The upgrades are replacement and improvements to the turret windows, gutters, porch, pillars, and painting of the exterior. In 2022 new HVAC system and ductwork was installed. The property is an existing , three-story, single-tenant office building containing 10,895 SF. There are 42 parking spaces. Building has an elevator for 4 floors and is handicap accessible. The property is currently 100% leased until March 31, 2024, when the current tenant intends to move to a new location. Building has been owner occupied for many years.