Single-Tenant Office
AUCTION - Village Super Market Office
733 Mountain Ave, Springfield, NJ 07081
Starting Bid: $800,000
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3018
733 Mountain Ave is a 14,304 SF, two-story single-tenant office property situated on a 0.99-acre lot in Springfield, New Jersey, within Northern New Jersey’s Route 22 East submarket. Built in 1970 with masonry construction, the property is currently occupied by Village Super Market, Inc., which uses the building as its corporate headquarters. The site benefits from suburban accessibility, regional connectivity, and proximity to major transit infrastructure.
Springfield sits in Union County within the Newark, NJ-PA CBSA, offering strong connectivity to the broader NYC / North Jersey employment base. The property is located near major commuter routes and is within short driving distance of multiple NJ Transit commuter rail stations (including Short Hills and Summit), supporting commuter accessibility. The surrounding area features high-income demographics and established suburban retail and residential neighborhoods.
AUCTION - Village Super Market Office
Investment Highlights
- Auction - May 4-6 | Starting Bid: $800,000
- Premium Northern New Jersey Office Asset: Positioned in the Northern New Jersey market, a dense and stable commercial corridor known for strong demand drivers and proximity to major employment bases.
- 14,304 SF Office Building on 0.99 Acres: The property totals 14,304 SF of office space on a 0.99-acre lot, providing flexible configurations for multi-tenant or single-tenant occupancy.
- Strategic Location Along Route 22 East Submarket: Located within the Route 22 East submarket, which offers excellent connectivity for commuters and strong visibility for professional office users.
- Strong Affluent Demographics: High-income surrounding area with a median household income of $153,450 within 1 mile, supporting demand for professional and medical office uses. Stable population with minimal projected 5-year decline (<1%).
- Proximity to Major Transportation Nodes - Short Hills NJ Transit Station: 9 minutes (3.3 miles), Summit Station: 8 minutes (3.5 miles), Newark Liberty International Airport: 19 minutes (11.9 miles). Ideal for businesses requiring regional accessibility.
- Surrounded by Strong Commercial Activity: Neighboring towns such as Summit, Mountainside, Millburn, and Short Hills deliver high-end retail, office, dining, banking, and community amenities.
Starting Bid: $800,000
Investment Highlights
- Auction - May 4-6 | Starting Bid: $800,000
- Premium Northern New Jersey Office Asset: Positioned in the Northern New Jersey market, a dense and stable commercial corridor known for strong demand drivers and proximity to major employment bases.
- 14,304 SF Office Building on 0.99 Acres: The property totals 14,304 SF of office space on a 0.99-acre lot, providing flexible configurations for multi-tenant or single-tenant occupancy.
- Strategic Location Along Route 22 East Submarket: Located within the Route 22 East submarket, which offers excellent connectivity for commuters and strong visibility for professional office users.
- Strong Affluent Demographics: High-income surrounding area with a median household income of $153,450 within 1 mile, supporting demand for professional and medical office uses. Stable population with minimal projected 5-year decline (<1%).
- Proximity to Major Transportation Nodes - Short Hills NJ Transit Station: 9 minutes (3.3 miles), Summit Station: 8 minutes (3.5 miles), Newark Liberty International Airport: 19 minutes (11.9 miles). Ideal for businesses requiring regional accessibility.
- Surrounded by Strong Commercial Activity: Neighboring towns such as Summit, Mountainside, Millburn, and Short Hills deliver high-end retail, office, dining, banking, and community amenities.
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3018 733 Mountain Ave is a 14,304 SF, two-story single-tenant office property situated on a 0.99-acre lot in Springfield, New Jersey, within Northern New Jersey’s Route 22 East submarket. Built in 1970 with masonry construction, the property is currently occupied by Village Super Market, Inc., which uses the building as its corporate headquarters. The site benefits from suburban accessibility, regional connectivity, and proximity to major transit infrastructure. Springfield sits in Union County within the Newark, NJ-PA CBSA, offering strong connectivity to the broader NYC / North Jersey employment base. The property is located near major commuter routes and is within short driving distance of multiple NJ Transit commuter rail stations (including Short Hills and Summit), supporting commuter accessibility. The surrounding area features high-income demographics and established suburban retail and residential neighborhoods.
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