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Montvale III
Off-Market
3 Paragon Drive, Montvale, NJ 07645
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 97,794 SF
- Lot Size 9.29 Acre
- Parking Spaces Avail. 342
- Parking Ratio 3.50/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified Gold
- Building Class B
- Year Built 1988
False
Location
- City Montvale, NJ
- Neighborhood Montvale
- Zip Code 07645
- Market New Jersey
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
Market Trends
Average Actual Rents in Montvale
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Montvale Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $26.14
- 2020 Office Vacancy Rate 11.38%
- 2020 Office Completions (SF)
Tax
- Property Tax in 2021 $255,255
- Market Value* $10,500,000
- Assessed Value $10,500,000
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Montvale III?
Montvale III totals 97,794 square feet.
When was this property built?
Montvale III was built in 1988.
When was Montvale III last sold?
Montvale III was last sold on 21 Sep, 2018.
What is the property tax for Montvale III?
The property tax for Montvale III in 2021 was $255,255.
What is the market value for Montvale III?
The market value* for Montvale III in 2021 was $10,500,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
