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Improved Office Space with Terrace
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1 Deforest Avenue, Summit, NJ 07901

Highly improved office suite with glass offices, conference rooms, an upgraded kitchen/dining area, and rooftop terrace access.

Space Size9,700 SF
Property Size65,037 SF
Days on Market63

Property Features for 1 Deforest Avenue

General Information

Standard status Active
Size 9,700 SF
Class Trophy
Property subtype Office

Amenities

on-site property management
free parking
fitness center
upgraded kitchen/dining areas
rooftop terrace

Building Details

Building Size 65,037 SF
Stories 4
Tenancy Single

Spaces For Lease

at 1 Deforest Avenue Contact us

Available Space

Size
9,700 SF
Availability
Active
Contact us
Listing Agency: Avison Young - Morristown
Listed By: Jeff Heller · License #NJ 8539649
Source: Crexi
Added: Jul 8 Changed: Sep 7 Last Checked: Sep 7 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Morristown

Investment Insights

Based on property information with market context.

One Deforest is a four-story office building totaling 65,037 square feet, featuring on-site property management, free parking, and a fitness center with showers and lockers. An available 14,444-square-foot space includes glass offices and conference rooms, along with upgraded kitchen/dining areas. The space also provides access to a rooftop terrace.

The property is located at 1 Deforest Avenue in Summit, New Jersey. It is described as being in downtown Summit and within walking distance to the New Jersey Transit train station and to Summit’s retail and dining establishments.

The offering is positioned as a secure, comfortable work environment within the One Deforest building, with tenant-ready improvements including dedicated office and meeting spaces and terrace access.

Key Highlights

  • One Deforest is a four‑story office building totaling 65,037 SF in downtown Summit, NJ
  • Available 14,444 SF space is highly improved with glass offices and conference rooms
  • Suite includes upgraded kitchen/dining areas

Property Analytics

Current Use

Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Wealth ... Financial Advisor Merrill Lynch Financial ... Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Pet Grooming Service Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,928
Businesses Nearby

Demographics for 07901, NJ

24,199
Population
9,477
Households
2.6
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
3,841
Density / Sq Mi
$177,986
Median Household Income
$87,088
Median Earnings
$2,209
Median Rent
$958,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Highly improved office suite with glass offices, conference rooms, an upgraded kitchen/dining area, and rooftop terrace access.
Where is this office building located?
The property is located at 1 Deforest Avenue Summit, NJ.
What are key features of this property?
This property features: One Deforest is a four‑story office building totaling 65,037 SF in downtown Summit, NJ; Available 14,444 SF space is highly improved with glass offices and conference rooms; Suite includes upgraded kitchen/dining areas
More about this property
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