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Prime Location Commercial Property
For Sale
$3,100,000

1106 ROUTE 46, Parsippany, NJ 07054

Located between two major banks with ample parking.

Property Size4,000 SF
Lot Size0.45 Acres
Days on Market166

Property Features for 1106 ROUTE 46

General Information

Standard status Active
Size 4,000 SF
Lot size 0.45 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $26,413

Building Details

Building Size 4,000 SF
Year Built 1985
Stories 1
Units 4
Listing Agency: RE/MAX SELECT
Listed By: RUSI D GANDHI · License #09NJ09000025
Source: Elliman
Added: Mar 11 Changed: Aug 16 Last Checked: Aug 23 at 9:27AM

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 RE/MAX SELECT

Investment Insights

Based on property information with market context.

This commercial property is situated in a prime location between PNC Bank and Bank of America. The property is located on US Route 46, benefiting from a legal U-turn for eastbound traffic at a stop light. It is positioned across from the Troy Hills Shopping Center, offering proximity to retail amenities. The property is suitable for investment or owner use. Ample parking is available in both the front and rear of the building. The layout includes a separate entrance and exit. The property benefits from significant sign exposure. Public transportation is accessible at the doorstep, and Interstate 80 is nearby.

Key Highlights

  • Prime location on US 46 between PNC & Bank of America.
  • Ample parking in front and rear.
  • High visibility with big sign exposure.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Building Supply Hair Salon Auto Repair Shop Auto Parts Store Nail Salon 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.

Location Intelligence

Trade Area within ½ mile

363
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Located between two major banks with ample parking.
Where is this specialty property located?
The property is located at 1106 ROUTE 46 Parsippany, NJ.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Prime location on US 46 between PNC & Bank of America.; Ample parking in front and rear.; High visibility with big sign exposure.
More about this property
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