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    239 New Rd Parsippany, NJ 07054

    For Lease
    Contact for pricing

    Professional and medical office suites available for lease.

    Property size:
    7,500 SF
    Lot size:
    6.75 Acres

    Property Features for 239 New Rd

    General Information

    Size
    7,500 SF
    Lot size
    6.75 Acres

    Source: The Blau & Berg Company Agent Juan Disla

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

    Overview

    Professional and Medical Office Space

    This property offers 20,025 square feet of professional and medical office space. Suites ranging from approximately 180 to 7,500 square feet are available. The landlord is willing to paint and re-carpet to suit tenant needs. The layout includes a reception area, conference room, training rooms, and kitchenette. The building is equipped with an elevator and provides parking for over 60 cars.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Blue Lily Wedding Souvenir Shop Tri Star Flooring ... Wood Floor Installation Service Network Commodities Seafood Wholesaler Dinamik LLC Attorney Dawkins & Warrington Law ... Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3465602
    Latitude
    40.8525123

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    FAQs

    What type of property is this?
    Medical office - Professional and medical office suites available for lease.
    Where is this medical office located?
    The property is located at 239 New Rd Parsippany, NJ.
    What are key features of this property?
    This property features: - Suites available from ±180 - 7,500 SF, offering flexible space options.; - Suitable for professional and medical office use.; - Landlord will paint and re-carpet to suit, allowing for customization.
    (201) 279-8442
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    239 New 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
    239 New Rd Parsippany, NJ 07054
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