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    Parsippany, NJ

    Parsippany, NJ Commercial Real Estate for Sale

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    Mountain Lakes, NJ Whippany, NJ Morris Plains, NJ Denville, NJ Boonton, NJ Lake Hiawatha, NJ Boonton Township, NJ East Hanover, NJ
    13 properties
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    Fully Leased Office Building
    Updated: May 26
    Fully Leased Office Building

    629 Parsippany Rd, Parsippany, NJ 07054

    $4,999,999
    30,000 sqft 2.10 AC lot
    Fully Leased Office Building with 10 Years on Lease
    Approx. 30,000 sf of Office on 2.1 Acres
    Prime Location in High Traffic Area
    Easy Access to Routes 287, 80, 24
    Ample Covered Parking
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    629 Parsippany Rd, Parsippany, NJ 07054

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $459K
      Annual

    • Price @ 7% Cap

      $6.56M
      Above asking

    • Last Sold

      Dec 2017
      $3.5M

    • Property Type

      Commercial (General)
      Built 1986
    View Property Analytics
    Two-Story Retail Office Building
    Updated: Feb 18
    Two-Story Retail Office Building

    1571 Route 46, Parsippany, NJ 07054

    $450,000
    1.81 AC lot
    15,600+/- SF, 2‑story, 7‑unit commercial retail building built in 2019
    Situated on 1.81+/- acres with public water service
    B‑2 Highway Development District—flexible for retail, service, and office uses
    Route 46 frontage in Parsippany Township, Morris County, NJ
    High‑traffic corridor with 25,160+/- vehicles per day average daily traffic
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    Freestanding Professional Office Building
    Freestanding Professional Office Building

    1711 Route 46, Parsippany, NJ 07054

    $728,000
    3,000 sqft

    Freestanding office building suitable for multiple users or investors.

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    Retail Storefront with Ample Parking
    Retail Storefront with Ample Parking

    1106 ROUTE 46 Unit 1-4, Parsippany, NJ 07054

    $3,100,000
    4,000 sqft

    Standalone retail storefront with ample front and rear parking, separate entrance and exit, and prominent sign exposure.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Prime Location Commercial Property
    Prime Location Commercial Property

    1106 ROUTE 46, Parsippany, NJ 07054

    $3,100,000
    0.45 AC lot

    Located between two major banks with ample parking.

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    Corporate Office and Warehouse Campus
    Corporate Office and Warehouse Campus

    Parsippany Troy Hills, NJ 07054

    Contact for pricing
    65,200 sqft

    For-sale campus offering a mix of warehouses and high-profile office buildings with major corporate neighbors and on-site retail.

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    Freestanding Bank Building
    Freestanding Bank Building

    Parsippany Troy Hills, NJ 07054

    Contact for pricing
    3,276 sqft 0.90 AC lot

    Freestanding bank property built in 2016 on a hard corner with multiple traffic lights.

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    Commercial Retail Building on Route 46
    Commercial Retail Building on Route 46

    Parsippany Troy Hills, NJ 07054

    Contact for pricing
    15,624 sqft 1.81 AC lot

    15,624+/- SF commercial building on 1.81+/- acres for sale.

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    Retail Space for Sale
    Retail Space for Sale

    Parsippany Troy Hills, NJ 07054

    Contact for pricing
    4,000 sqft

    Retail property offered for sale with approximately 4,000 SF of space.

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    Three-Story Office Suites
    Three-Story Office Suites

    160 LITTLETON RD Unit 301, Parsippany, NJ 07054

    Contact for pricing

    Move-in-ready office suites in a well-maintained three-story building with convenient highway access and on-site parking.

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    Shared Office Suite with Generator
    Shared Office Suite with Generator

    601 JEFFERSON RD Unit 208, Parsippany, NJ 07054

    Contact for pricing

    Office suite in a shared workspace with kitchen access, scheduled conference room, utilities, internet, ample parking, and backup generator.

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    Freestanding Industrial Flex Building
    Freestanding Industrial Flex Building

    Parsippany, NJ 07054

    Contact for pricing
    21,725 sqft

    Well-maintained industrial flex property combining warehouse and office space with strong highway connectivity.

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    Freestanding Medical Office Building
    Freestanding Medical Office Building

    Parsippany Troy Hills, NJ 07054

    Contact for pricing

    Freestanding office building with private office, open work areas, kitchenette, and one bath, with newer windows and vinyl siding.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Parsippany, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    Freestanding Bank with Pylon Sign
    Freestanding Bank with Pylon Sign

    4 N Jefferson Rd, Whippany, NJ 07981

    $1,075,000
    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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    Office Condominium Suite
    Office Condominium Suite

    115 Us Highway 46, Mountain Lakes, NJ 07046

    $385,000
    2,542 sqft

    Spacious office condominium with reception area, five private offices, and a flexible loft for storage or expansion.

    View details
    Crosspointe Technology Center Building 1
    Crosspointe Technology Center Building 1

    945 State Route 10, Whippany, NJ 07981

    Contact for pricing
    45,834 sqft 15.00 AC lot

    Technology center building available for sale or lease.

    View details
    Prime Corner Commercial Property
    Prime Corner Commercial Property

    360 Us Highway 46 E., Mountain Lakes, NJ 07046

    $849,900
    4,026 sqft 0.28 AC lot

    Commercial property with high visibility and redevelopment potential.

    View details

    Off-Market Properties in Parsippany, NJ

    Consider similar Off-Market properties in Parsippany, 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.

    26 Eastmans Rd
    INDUSTRIAL (GENERAL)

    26 Eastmans Rd, Parsippany, NJ 07054-3703

    $4,830,000
    Estimated value
    20,730 sqft 2.23 AC lot
    View details
    601 Jefferson Rd
    CONDOMINIUM OFFICES

    601 Jefferson Rd, Parsippany, NJ 07054-3790

    Value Estimation by Request
    2,962 sqft 0.07 AC lot
    View details
    45 Waterview Blvd
    COMMERCIAL (GENERAL)

    45 Waterview Blvd, Parsippany, NJ 07054-7611

    $9,675,000
    Estimated value
    102,995 sqft 10.56 AC lot
    View details
    200 Reynolds Ave
    COMMERCIAL (GENERAL)

    200 Reynolds Ave, Parsippany, NJ 07054-3326

    Value Estimation by Request
    48,718 sqft 10.49 AC lot
    View details
    249 Pomeroy Rd
    INDUSTRIAL (GENERAL)

    249 Pomeroy Rd, Parsippany, NJ 07054-3727

    $13,575,000
    Estimated value
    85,434 sqft 9.13 AC lot
    View details
    245 Baldwin Rd
    CONDOMINIUM OFFICES

    245 Baldwin Rd, Parsippany, NJ 07054-7502

    Value Estimation by Request
    1,164 sqft 0.03 AC lot
    View details
    14 Sylvan Way
    COMMERCIAL (GENERAL)

    14 Sylvan Way, Parsippany, NJ 07054-3834

    $33,000,000
    Estimated value
    23.01 AC lot
    View details
    162 Halsey Rd
    COMMERCIAL (GENERAL)

    162 Halsey Rd, Parsippany, NJ 07054-5202

    Value Estimation by Request
    1,281 sqft 0.09 AC lot
    View details
    2 Eastmans Rd
    INDUSTRIAL (GENERAL)

    2 Eastmans Rd, Parsippany, NJ 07054-3703

    $6,215,000
    Estimated value
    30,447 sqft 3.15 AC lot
    View details
    200 Baldwin Rd
    COMMERCIAL (GENERAL)

    200 Baldwin Rd, Parsippany, NJ 07054-2010

    Value Estimation by Request
    43,148 sqft 3.92 AC lot
    View details
    6 Sylvan Way
    COMMERCIAL (GENERAL)

    6 Sylvan Way, Parsippany, NJ 07054-3826

    $21,230,000
    Estimated value
    195,240 sqft 18.64 AC lot
    View details

    Parsippany, NJ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Parsippany, NJ, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 146,825 square feet of properties for sale, with an estimated market value of $12,377,999.

    Sale prices for business properties in Parsippany, NJ start at $450,000, averaging $2,475,599, and reaching up to $4,999,999 — 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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    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 $1.7M

    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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