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    Parsippany, NJ Commercial Land for Sale

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    Mountain Lakes, NJ Whippany, NJ Cedar Knolls, NJ
    Commercial Land in Prime Location
    $599,000
    0.58 Acres
    Commercial Land in Prime Location

    20 Sandra Dr, Parsippany, NJ 7054

    Prime commercial land in Parsippany, NJ, on Rt 46.
    • Prime commercial real estate in Parsippany, NJ
    • Strategically located on Rt 46
    • Suitable for quick food service outlet
    • Suitable for a bank
    • High potential for commercial development
    Updated: Nov 8, 2025
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    Commercial Development Site Auction
    Contact for pricing
    1.56 Acres
    Commercial Development Site Auction

    Parsippany Troy Hills, NJ 7054

    1.56 acre commercial development site in Parsippany, NJ.
    • 1.56+\/- acre commercial development site in Parsippany, Morris County, NJ
    • Located in a desirable business corridor with easy access to major regional highways
    • 209+\/- feet of frontage on Old Bloomfield Avenue and 106+\/- feet of frontage on Route 46
    • Strong local demographics with high median household incomes and stable population density
    • Established surrounding commercial activity including retail, office, and mixed‑use properties
    Updated: Feb 21
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Parsippany, 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.

    Fairfield Commercial Property on Bloomfield
    $2,200,000
    9,271 SF
    Fairfield Commercial Property on Bloomfield

    Strategically located commercial property in a desirable Northern New Jersey corridor.

    1221 Bloomfield Ave, Fairfield, NJ 7004

    View details
    Retail/Industrial Building on Bloomfield Avenue
    $4,250,000
    9,271 SF
    Retail/Industrial Building on Bloomfield Avenue

    9,271 SF retail/industrial building with commercial zoning.

    1221 Bloomfield Ave, Fairfield, NJ

    View details
    Land on Route 46
    $449,000
    0.24 Acres
    Land on Route 46

    Commercial land available in Montville Twp. on Route 46.

    Pine Brook, NJ 07058

    View details
    Raw Land For Sale
    $487,000
    Raw Land For Sale

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

    Pine Brook, NJ 7058

    View details

    Parsippany, NJ Commercial Land Market Trends and Statistics

    Explore 2 commercial land for sale in Parsippany, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for commercial lots in Parsippany, NJ start at $0.00, averaging $299,500, and reaching up to $599,000 — 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

    Demographics Overview

    Population 30K
    Population Growth (5Y) +2.1%
    Median Household Income $107,955
    College Educated 85.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    07054 $599K

    Taxes & Financing

    Tax Rate (average for all types) 3.38%
    Property Tax per SF $29.66 per SF
    Tax Rate vs County Average 0.86 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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