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Freestanding Office Building
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113 Parsippany Rd, Parsippany, NJ 07054

Lobby, private offices, open work area, basement amenities, and on-site parking support flexible occupancy.

Property Size2,412 SF
Price / SF$2.07
Days on Market27

Property Features for 113 Parsippany Rd

General Information

Standard status Active
Size 2,412 SF

Site & Location

Corner Location Yes
Highway Access Yes

Amenities

lobby with reception/waiting area
private offices
open work area
bathrooms
kitchen
storage
conference room
on-site parking lot

Building Details

Year Built 1950
Buildings 1
Listing Agency: CENTURY 21 THE CROSSING
Listed By: SUMMER FAILLA
Source: Luminancerealty
Added: Aug 3 Changed: Aug 28 Last Checked: Aug 25 at 5:06AM

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 CENTURY 21 THE CROSSING

Investment Insights

Based on property information with market context.

This freestanding 2,412 SF office building, constructed in 1950, offers a practical arrangement for a variety of commercial operations. The main level includes a lobby with reception and waiting space, four private offices, an open work area, and two bathrooms. A full basement expands the usable footprint with a kitchen, storage, and a room suitable for meetings or classroom activities.

Recent improvements include a newer roof and central air system. The property also includes a large on-site parking lot for customer and staff vehicles. Its position at 113 Parsippany Rd in Parsippany-Troy Hills places it within walking distance of the Parq Home development and provides access to Routes 287, 80, and 46.

Key Highlights

  • 2,412 SF freestanding office building constructed in 1950
  • Main level includes four private offices, an open work area, reception and waiting space, and two bathrooms
  • Basement provides a kitchen, storage, and flexible meeting or classroom space

Property Analytics

Current Use

Nj Crime Victims Law Firm Realty Executives Platinum ... Real Estate Agency Joseph Kaufmann Real Estate Agency THE BERMAN TEAM Real Estate Agency Allison Perez Realtor Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Daycare Center

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

Location Intelligence

Trade Area within ½ mile

974
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Lobby, private offices, open work area, basement amenities, and on-site parking support flexible occupancy.
Where is this office building located?
The property is located at 113 Parsippany Rd Parsippany, NJ.
What are key features of this property?
This property features: 2,412 SF freestanding office building constructed in 1950; Main level includes four private offices, an open work area, reception and waiting space, and two bathrooms; Basement provides a kitchen, storage, and flexible meeting or classroom space
More about this property
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