Commercial

Morris Plains, NJ Commercial Land for Sale

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Commercial Land with Public Utilities
Updated: Apr 28
Commercial Land with Public Utilities

Morris Plains, NJ 07950

$749,900
0.95 AC lot
0.95‑acre commercial land parcel along Route 10
Public water service available
Public sewer service available
Established retail corridor with national tenants and shopping centers
Access to Route 202 and I‑287
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Commercial Development Parcel
Updated: Jan 30
Commercial Development Parcel

Morris Plains, NJ 07950

$899,900
5.25‑acre commercial land parcel
Front third of the property contains wetlands
Remaining acreage extends deep into the lot
Just off Route 10 with access to major highways
Potential for residential, townhome, multi‑unit, or mixed‑use concepts subject to approvals
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Commercial Land Parcel
Commercial Land Parcel

Morris Plains, NJ 07950

$749,900

Commercial land lies along a retail corridor with access to regional routes and surrounding retail activity.

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See what stands out in Morris County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Morris Plains, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Commercial Land with Signage Income
Commercial Land with Signage Income

1128 Route 10, Randolph, NJ 07869

$279,000

Commercial land for sale with permitted uses and signage income.

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Commercial Land With Retail Potential
Commercial Land With Retail Potential

86 State Route 10, Randolph, NJ 07869

$495,000

Permitted uses include office, banking, fiduciary, restaurant, retail, and service businesses.

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Montville Vacant Lot on Changebridge
Montville Vacant Lot on Changebridge

Pine Brook, NJ 07058

$125,000
1.20 AC lot

Rare vacant lot in Montville's desirable R27E zone.

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Raw Land For Sale
Raw Land For Sale

Pine Brook, NJ 07058

$487,000

B-3 zoned raw land with oil tank removal documents.

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Morris Plains, NJ Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in Morris Plains, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 41,382 square feet of properties for sale, with an estimated market value of $2,399,700.

Sale prices for commercial lots in Morris Plains, NJ start at $749,900, averaging $799,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 4

Demographics Overview

Population 22K
Population Growth (5Y) +12.7%
Median Household Income $148,469
College Educated 96.6%

High-Yield Neighborhoods for Investment

Identify Morris Plains submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07950 $799.9K

Taxes & Financing

Tax Rate (average for all types) 2.77%
Property Tax per SF $29.75 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

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