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    96 N Beverwyck Rd Parsippany, NJ 07054

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    For Lease
    $1,700 /Mo

    Prime business district location, ideal for offices or store.

    Property Features for 96 N Beverwyck Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1952
    Source: Corcoran

    Listing Agent: LISA MOTISI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Lake Hiawatha Storefront

    Located in downtown Lake Hiawatha, this storefront property is situated in a prime business district. The location is suitable for professional offices or a store. The property benefits from significant foot traffic and the availability of on-street parking. Estimated shared expenses include heat at $112 per month plus $240 per year, snow removal as needed at $48.75, tax escalation at $912 per year, and water at $462 per year.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Landmark Floral Shop

    Location Insight

    • Map
    • Local Demand
    City
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.383594
    Latitude
    40.8670673

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    FAQs

    What type of property is this?
    Storefront property - Prime business district location, ideal for offices or store.
    Where is this storefront property located?
    The property is located at 96 N Beverwyck Rd Parsippany, NJ.
    What are key features of this property?
    This property features: - Prime downtown location in Lake Hiawatha's business district.; - High foot traffic area.; - On-street parking available.
    (973) 334-3341
    Request Owner's contact information
    96 N Beverwyck Rd Parsippany, NJ 07054
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    Parsippany, NJ 07054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    96 N Beverwyck Rd Parsippany, NJ 07054
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