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$289,000 Just Listed

  • For Sale
  • Active
  • Office
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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.

Full Property Details for 150 River Rd

General

  • Price: $289,000
  • Taxes: $5,512 (2025)
  • Status: Active
  • Type: Office
  • Source: Garden_State
  • MLS ID: 4043762
  • Updated: 7/29/2026
  • Added to Site: 3 day(s) ago

Business

  • Includes: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: Smoke Detector

Parking

  • Parking: Common, Parking Lot-Shared

Location

  • County: Morris
  • Driving Directions: GPS, Drive to Building C, walk behind Building C towards Building B. Entrance is for B4A&B
  • Location Details: Office Park

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: 2 Units, Forced Hot Air
  • Heating Fuel: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: See Remarks, Internet Available, Prewired for Phone

Structural Information

  • Construction: Wood
  • Exterior Const.: Vinyl Siding
  • Roof: Asphalt Shingles
  • Ceiling Height: 8
  • Door Dimensions: 7
  • Stories in Building: 2
  • Square Feet: 1,900
  • Aprox. Leasable: 1,900 Sq. Ft.
  • Office: 1,900 Sq. Ft.
  • Year Built: 1982
  • Remodeled/Updated: 2024

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size: .020 AC
  • Permitted Use: Commercial
  • Zoning: RLM1

Financial Considerations

  • Price Per Sq. Ft.: $152
  • Expenses: Maintenance - Exterior, See Remarks, Taxes, Water/Sewer
  • Assessment Amount: $93,000
  • Land Assmt: $39,800
  • Tax Amount: $5,512
  • Tax Year: 2025
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Condominium
  • Documents Avail.: Income & Expenses, See Remarks
  • APN: 2321-00123-0001-00002-0041-
  • Block: 123.01
  • Lot Number: 2.41

Listed by Hera Realty Group

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Listing agent

— 150 River Rd —

  • Hera Realty Group

201-688-3828

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 150 River Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Listed
$289,000
72.54%
MLS
10/31/2023
Sold
$167,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 150 River Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,114
2%
$155,000
—
2023
$4,027
2%
$155,000
—
2022
$3,959
1%
$155,000
—
2021
$3,904
—
$155,000
-14%
2021
$3,904
-10%
$180,300
—
2018
$4,333
3%
$180,300
—
2017
$4,221
2%
$180,300
—
2016
$4,131
3%
$180,300
—
2015
$4,003
-8%
$180,300
—
2019
$4,370
12%
$180,300
—
2013
$3,889
—
$180,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Hera Realty Group

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150 River Rd, Montville Township, NJ 07045 (MLS# 4043762) is a Office property. 150 River Rd is currently listed for $289,000 and was received on July 29, 2026. Want to learn more about 150 River Rd? Do you have questions about finding other Office real estate for sale in Montville Township? You can browse all Montville Township real estate or contact a Coldwell Banker agent to request more information.

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