- For Sale Subject To Offer
- Property Type Office - General Office
- Property Size 11,308 SF
- Building Class B
- Date Updated May 12, 2026
Description
The property is a four minute drive to Route 206 and ten minute drive to NJ Transit Gladstone train station. Historic Chester is one of Morris County's most affluent communities and sits between Mendham, Bedminster, Tewksbury and Long Valley.The property is a 2-story brick office building with 11,308 SF and on-site parking.
Highlights
- Attractive rent roll with several long-term tenants and staggered expirations through 2035, reducing rollover risk.
- Low operating cost structure including modest utilities, septic system and efficient management, driving healthy margins.
- Solar revenue enhances income stability and offsets operating expenses.
- Stabilized multi-tenant office asset with a strong base of professional tenants and diversified income streams.
- Value-add lease-up opportunity with two vacant suites (2,255 SF combined), offering immediate path to increased cash flow.
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Contacts
Thomas Scatuorchio
The Kislak Company
Location
Located at 31 Fairmount Avenue, Chester, NJ 07930, this property is part of the Chester neighborhood and New Jersey market.
Contact Listing Broker
Thomas Scatuorchio
The Kislak Company
