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Retail Space in Business Zone
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1098 Mt Kemble Ave, Morristown, NJ 07960

Retail suite in a B-2 Business Zone with utilities including electric, septic, and well water.

Space Size2,500 SF
Days on Market199

Property Features for 1098 Mt Kemble Ave

General Information

Standard status Active
Size 2,500 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1098 Mt Kemble Ave Contact us

1098 Mt Kemble Ave $29.50/SF/Yr

Floor
1
Size
2,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Zoning: B-2 Business Zone. Permitted uses include retail sales and services as...
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Listing Agency: The Kislak Company
Listed By: Sara Soliman · License #2299753
Source: Moodyscre
Added: Feb 24 Changed: Aug 25 Last Checked: Sep 11 at 12:26PM

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 The Kislak Company

Investment Insights

Based on property information with market context.

This for-lease retail space is located in a B-2 Business Zone where permitted uses include retail sales and services as well as professional offices. Utilities include electric, septic, and well water.

The property is positioned on Mt. Kemble Avenue (aka Route 202), approximately 1/2 mile to Route 287, with a CoStar 2020 traffic count of 10,511 vehicles daily. It is just north of the Verizon HQ/North Maple Avenue complex, with convenient access to Bernardsville and Morristown.

Key Highlights

  • Retail suite in the B‑2 Business Zone with permitted uses including retail sales and professional offices
  • Utilities available: electric, septic, and well water
  • Traffic count (CoStar 2020): 10,511 vehicles daily

Property Analytics

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Current Use

Affinity Federal Credit ... Credit Union Virile Barber & Shop Barber Shop Prominent Estates Realty Real Estate Agency Natalie Tomaio Realtor Real Estate Agency ATM Atm

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store

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
$4.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 100%
Talbots Apparel
1,720 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suite in a B-2 Business Zone with utilities including electric, septic, and well water.
Where is this retail space located?
The property is located at 1098 Mt Kemble Ave Morristown, NJ.
What is the lease rate?
The lease rate is $29.50 SF/Yr.
What are key features of this property?
This property features: Retail suite in the B‑2 Business Zone with permitted uses including retail sales and professional offices; Utilities available: electric, septic, and well water; Traffic count (CoStar 2020): 10,511 vehicles daily
(908) 360-8051 Call to check price and availability
More about this property
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