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    Parsippany, NJ
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    Parsippany, NJ Healthcare Properties for Sale

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    Mountain Lakes, NJ Whippany, NJ Morris Plains, NJ Denville, NJ Lake Hiawatha, NJ Boonton, NJ Boonton Township, NJ East Hanover, NJ
    Medical Office Building with Long-Term Tenancy
    Updated: Apr 11
    Medical Office Building with Long-Term Tenancy

    Parsippany Troy Hills, NJ 07054

    Contact for pricing
    27,540 sqft
    27,540 SF medical office building at the intersection of Route 46 and Cherry Hill Road in Parsippany.
    81% of building tenants have occupied their suites for over 25 years; historically high occupancy reported.
    Current weighted average lease term of 4.1 years.
    $275,000 in capital expenditures in the last three years, including HVAC system upgrades, elevator upgrades, common area updates, and exterior finishes.
    Convenient location across the street from a CVS Pharmacy and close to St. Claire's Hospital in Denville and Morristown Medical Center.
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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 12 Potential Opportunities for your consideration. Besides 1 Active listings in Parsippany, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Elevator-Served Office Suite
    Elevator-Served Office Suite

    292 BLOOMFIELD AVE Unit 12, Montclair, NJ 07042

    Contact for pricing
    1,000 sqft

    Second-floor office suite with three rooms, shared waiting area, and elevator access within a restored historic building.

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    Turnkey Medical Office Condo
    Turnkey Medical Office Condo

    18 Old Brookside Rd, Randolph, NJ 07869

    Contact for pricing
    1,320 sqft

    First-level medical office condo with reception, private offices, kitchenette, two private bathrooms, and ADA accessibility.

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    Montclair Redevelopment Opportunity
    Montclair Redevelopment Opportunity

    39 S Willow St, Montclair, NJ 07042

    Contact for pricing

    Spacious four-story building near downtown Montclair.

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    Medical and Child Development Site
    Medical and Child Development Site

    1579 Sussex Turnpike, Randolph, NJ 07869

    Contact for pricing

    For sale site supporting both medical use and early childhood development programming.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Scotch Plains Development Opportunity
    Scotch Plains Development Opportunity

    401 Acacia Road, Scotch Plains, NJ 07076

    $3,500,000
    6.37 AC lot

    6.37 acres in Scotch Plains, endless development potential.

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    Development Land in Sparta Township
    Development Land in Sparta Township

    16 Main St, Sparta, NJ 07871

    $495,000
    0.75 AC lot

    0.75-acre site on Main Street near amenities, positioned for condominium development or alternative subdivision plans.

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    Zoned Residential and Commercial Land
    Zoned Residential and Commercial Land

    6217-6233 MEADOWVIEW AVE, North Bergen, NJ 07047

    $4,179,999
    0.57 AC lot

    Zoned R1, R3, and C1 land with environmental testing completed and pending approvals for redevelopment planning.

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    Zoned Commercial Land Site
    Zoned Commercial Land Site

    351 Route 28, Bridgewater, NJ 08807

    $1,200,000

    C-3 zoned commercial land site with public utilities on-site and frontage on Route 28 and Route 22 East.

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    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.

    480 Beverwyck Rd
    Lifestyle centers

    480 Beverwyck Rd, Parsippany-Troy Hills, NJ 07034

    Value Estimation by Request
    11,151 sqft
    View details
    1719 Nj-10
    Office Units

    1719 Nj-10, Parsippany-Troy Hills, NJ 07054

    Value Estimation by Request
    View details
    3219 Us-46
    Medical Office Space

    3219 Us-46, Parsippany-Troy Hills, NJ 07054

    Value Estimation by Request
    54,619 sqft
    View details

    Parsippany, NJ Healthcare Properties Market Trends and Statistics

    Explore 4 healthcare properties for sale in Parsippany, NJ on our real estate platform. These investment opportunities span a total of 27,540 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 1

    Demographics Overview

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

    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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