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    Bank Property with Ground Lease
    Updated: Apr 11
    Bank Property with Ground Lease

    54 Morristown Rd, Bernardsville, NJ 07924

    Contact for pricing
    Absolute NNN ground lease with approximately 10 years remaining
    10% rent increases every 5 years
    Five 5‑year renewal options with 10% increases per option
    Leased to JPMorgan Chase Bank N.A. (S&P: A+)
    54 Morristown Rd, Bernardsville, NJ 07924
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Bernardsville, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bank of America Ground Lease
    Bank of America Ground Lease

    101 South Ave, Cranford, NJ 07016

    $4,259,000
    4,050 sqft 0.47 AC lot

    Long-term Bank of America ground lease in Cranford Township.

    View details
    Bank of America Ground Lease
    Bank of America Ground Lease

    101 South Ave, Cranford, NJ 07016

    $3,990,000
    4,050 sqft 0.47 AC lot

    Long-term ground lease with renewal options in affluent Cranford Township.

    View details
    Freestanding Bank with Pylon Sign
    Freestanding Bank with Pylon Sign

    4 N Jefferson Rd, Whippany, NJ 07981

    Contact for pricing
    2,322 sqft 1.59 AC lot

    Former freestanding bank on a 1.59-acre parcel with pylon signage and frontage on both Route 10 and N Jefferson Road.

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    Freestanding Building on High-Traffic Route
    Freestanding Building on High-Traffic Route

    Whippany, NJ 07981

    $1,400,000
    8,000 sqft 0.46 AC lot

    8,000+/- SF building on Route 10 with high visibility.

    View details

    Off-Market Properties in Bernardsville, NJ

    Consider similar Off-Market properties in Bernardsville, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    54 Morristown Rd
    FINANCIAL BUILDING

    54 Morristown Rd, Bernardsville, NJ 07924-2305

    $520,000
    Estimated value
    1,528 sqft 1.15 AC lot
    View details

    Bernardsville, NJ Banks Market Trends and Statistics

    Explore 2 banks for sale in Bernardsville, NJ on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Automotive properties 1

    Demographics Overview

    Population 7,756
    Population Growth (5Y) +2.2%
    Median Household Income $230,752
    College Educated 97.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $9.88 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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