Parsippany, NJ
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    Parsippany, NJ 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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Parsippany, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Undeveloped Land in Montville
    $389,900
    1.14 Acres

    Undeveloped Land in Montville

    1.14 acre undeveloped commercial land for sale.

    35 Millers Ln, Montville, NJ 7045
    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
    Undeveloped Land in Montville
    $374,900
    1.14 Acres

    Undeveloped Land in Montville

    1.14 acre undeveloped lot, buyer to perform due diligence.

    35 Millers Lane, Montville, NJ 7045
    View details

    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.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres

    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879
    View details

    Parsippany, NJ Land Investment Opportunities Market Analysis

    Explore 2 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 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 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 median 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 sq ft
    Tax Rate vs County Average 0.86 pp above county avg
    Average Loan-to-Value 65.0%

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