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Office Building with Three-Level Balconies
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1 Gatehall Dr, Parsippany, NJ 07054

Office building with three levels of balconies, 24/7 access, on-site management, fitness amenities, and a conference room.

Property Size2,140 SF
Days on Market494

Property Features for 1 Gatehall Dr

General Information

Standard status Active
Size 2,140 SF
Property subtype OFFICE
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Amenities

On-site Building Engineer and Property Manager
24/7 Building Access
Fitness center with lockers, showers, and restrooms
Conference Room
State-of-the-art card access security system
Scenic pond and landscaped exterior seating area off the plaza
Storage space available
Connectivity provided by Verizon Fios and Optimum Lightpath Cablevision
Full service cafeteria next door

Building Details

Parking Ratio 3.5 per 1,000 SF
Listing Agency: Lincoln Property Company | New Jersey
Listed By: Robert E. Lee
Source: Moodyscre
Added: Mar 25, 2025 Changed: Jul 30 Last Checked: Jul 30 at 2:02PM

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 Lincoln Property Company | New Jersey

Investment Insights

Based on property information with market context.

One Gatehall Drive is an office building offering three levels of balconies with a saw tooth design that creates multiple corner offices per floor. The property is supported by an on-site building engineer and property manager, with 24/7 building access and a state-of-the-art card access security system. Amenities include a fitness center with lockers, showers, and restrooms, plus a conference room and available storage space.

Located in the heart of Morris County at the major intersection of I-80, I-287, Route 10, and Route 202, the property is near restaurants, shopping centers, hotels, and banks. Several hotel options are within a two minute drive, and a Residence Inn is just next door within walking distance. An on-site, freshly paved parking lot provides 3.5/1,000 car parking, and the exterior includes a scenic pond and landscaped seating area off the plaza.

Connectivity is available through Verizon Fios and Optimum Lightpath Cablevision, and a full service cafeteria is next door and available to the public.

Key Highlights

  • Three levels of balconies with saw tooth design for multiple corner offices per floor
  • 24/7 building access plus state‑of‑the‑art card access security system
  • On‑site building engineer and property manager

Property Analytics

Current Use

CrownPoint Development Group Construction Company Amber Wolf Insurance Agency Clausen Miller PC: ... Law Firm Blake Fielding Insurance Agency FNT Solutions Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Dental Office Nail Salon Building Supply Spa & Massage Center HVAC 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

Yes
Highway access
Yes
Paved road access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 07054, NJ

30,228
Population
12,497
Households
2.4
Avg Household Size
41
Median Age
61%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,190
Density / Sq Mi
$107,955
Median Household Income
$69,061
Median Earnings
$1,725
Median Rent
$569,000
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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with three levels of balconies, 24/7 access, on-site management, fitness amenities, and a conference room.
Where is this office building located?
The property is located at 1 Gatehall Dr Parsippany, NJ.
What is the lease rate?
The lease rate is $24.50 SF/Yr.
What are key features of this property?
This property features: Three levels of balconies with saw tooth design for multiple corner offices per floor; 24/7 building access plus state‑of‑the‑art card access security system; On‑site building engineer and property manager
(973) 599-0050 Call to check price and availability
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