Mixed-Use Redevelopment with Ground
For Lease
Contact for pricing
1 Lackawanna Place, Morristown, NJ 07960
Under-construction mixed-use project with ground-floor retail and residential units above, positioned next to a major train station.
Space Size1,213 SF - 2,637 SF
Property Size5,118 SF
Days on Market55
Property Features for 1 Lackawanna Place
General Information
Standard status
Active
Size
1,213 SF - 2,637 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Multifamily Units
89
Building Details
Building Size
5,118 SF
Tenancy
Multiple
Spaces For Lease
at 1 Lackawanna Place Contact us- Size
- 2,637 SF
- Type
- Retail
- Availability
- Active
Unit 1 (Mezzanine)
- Size
- 1,268 SF
- Type
- Retail
- Availability
- Active
Unit 2
- Size
- 1,213 SF
- Type
- Retail
- Availability
- Active
Unit 3
Listing Agency:
Silbert Realty & Management Company, Inc
(908) 604-6900
Listed By:
David A Greenman · License #NJ 0337802
Source:
Crexi
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 5 at 11:43AM
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 Silbert Realty & Management Company, Inc
Investment Insights
Based on property information with market context.
1 Lackawanna Place is a mixed-use redevelopment currently under construction, situated on a prominent triangular lot. The project is designed with modern ground-floor retail supported by 89 luxury residential units above. The configuration is intended to combine active street-level storefront space with substantial on-site residential occupancy.
The property is positioned adjacent to the Morristown Train Station and sits between Lackawanna Place, Lafayette Avenue, and Lumber Street. With exposure along three active roadways, the retail component is set up to serve both commuter and resident traffic. The development is also described as part of the evolving “station district” and is surrounded by existing dining, residential, and commercial areas.
For retailers seeking a new ground-floor presence in a transit-adjacent mixed-use environment, this project offers a purpose-built setting directly connected to daily activity from the station and the on-site residential population. Interested tenants should review their specific space requirements and timing within the construction schedule, as the offering is presented as an active redevelopment with retail planned at street level.
The property is positioned adjacent to the Morristown Train Station and sits between Lackawanna Place, Lafayette Avenue, and Lumber Street. With exposure along three active roadways, the retail component is set up to serve both commuter and resident traffic. The development is also described as part of the evolving “station district” and is surrounded by existing dining, residential, and commercial areas.
For retailers seeking a new ground-floor presence in a transit-adjacent mixed-use environment, this project offers a purpose-built setting directly connected to daily activity from the station and the on-site residential population. Interested tenants should review their specific space requirements and timing within the construction schedule, as the offering is presented as an active redevelopment with retail planned at street level.
Key Highlights
- Under‑construction mixed‑use redevelopment with ground‑floor retail and residential units above
- Plans for 89 luxury residential units
- Adjacent to the Morristown Train Station on a prominent triangular lot
Property Analytics
Property Profile
Current Use
Lease Details
89
Residential units
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,408
Businesses Nearby
Explore this area
Business Placement
Demographics for 07960, NJ
45,609
Population
18,978
Households
2.4
Avg Household Size
40
Median Age
68%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
1,318
Density / Sq Mi
$149,462
Median Household Income
$75,266
Median Earnings
$2,173
Median Rent
$701,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Under-construction mixed-use project with ground-floor retail and residential units above, positioned next to a major train station.
Where is this mixed-use property located?
The property is located at 1 Lackawanna Place Morristown, NJ.
What are key features of this property?
This property features: Under‑construction mixed‑use redevelopment with ground‑floor retail and residential units above; Plans for 89 luxury residential units; Adjacent to the Morristown Train Station on a prominent triangular lot
