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Property profile & analytics
OFF-MARKET
Commercial real estate

656 Morris Ave Springfield, NJ 07081

2,300 SF 0.24 ac lot Built 2025
Property ID
US59-0178634
Property summary
AI-generated overview

This exceptional commercial opportunity presents a brand-new, 2,300-square-foot standalone building slated for completion in the first quarter of 2025. Strategically located on Morris Avenue and the Turnpike in Springfield, NJ, this property boasts high visibility and convenient access. The building features a full, functional basement, adding significant usable space. Ample parking is provided with 12 dedicated spaces for employees and customers. Two convenient entrances, one facing Morris Avenue and another on the Turnpike, ensure easy ingress and egress. The property sits on a 0.24-acre lot, offering potential for outdoor seating or signage (subject to local regulations). Its prime location offers proximity to significant consumer traffic, with the Short Hills Mall just six minutes away. This makes it an ideal location for a variety of businesses, particularly those in the food service industry, such as a deli, pizzeria, or bakery. The building's modern design and convenient features make it an attractive option for businesses seeking a high-profile location with excellent accessibility and ample parking. The turnkey nature of this new construction eliminates the need for extensive renovations or upgrades, allowing businesses to focus on operations from day one. This is a rare opportunity to secure a prime commercial space in a thriving area. Contact us today to learn more about leasing this exceptional property.

Property profile
Verified
Property type Commercial real estate
Year built 2025
Total area 2,300 SF
Lot 0.24 ac (10,454 SF)
UPID US59-0178634
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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