Commercial

Morris Plains, NJ Commercial Land for Sale

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Commercial Land with Route 10 Frontage
Updated: Apr 28
Commercial Land with Route 10 Frontage

Morris Plains, NJ 07950

$779,900
0.95 AC lot
0.95‑acre commercial land located on Route 10 in Morris Plains
Public water and public sewer available
Suitable for multiple uses including retail, restaurant (QSR), medical, and professional office (subject to township approvals)
Convenient access to Route 202 and I‑287
Located in a developed retail corridor with national tenants and nearby shopping centers
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Unimproved Development Land Parcels
Unimproved Development Land Parcels

1561 Sussex Tpke, Randolph, NJ 07869

$525,000
3.03 AC lot

Three vacant, unimproved parcels with road frontage and gentle slope, suitable for professional office or residential development.

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Commercial Land with Signage Income
Commercial Land with Signage Income

1128 Route 10, Randolph, NJ 07869

$279,000
4.26 AC lot

Commercial land for sale with permitted uses and signage income.

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Montville Twp. Raw Land
Montville Twp. Raw Land

Pine Brook, NJ 07058

$449,000
0.24 AC lot

Raw land in B-3 zone, oil tank removed.

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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 1 commercial land for sale in Morris Plains, NJ 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 $779,900.

Sale prices for commercial lots in Morris Plains, NJ average $779,900 — 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 2
Residential land & home lots 1

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 $779.9K

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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