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    58 South St Morristown, NJ 07960

    For Lease
    Contact for pricing

    Large office space with terraces and parking in Morristown, NJ.

    Property size:
    55,000 SF
    Lot size:
    0.76 Acres

    Property Features for 58 South St

    General Information

    Size
    55,000 SF
    Lot size
    0.76 Acres

    Source: JLL | Parsippany Agent Blake J. Goodman

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

    Overview

    Morristown Office Space For Rent

    This property offers 110,000 square feet of total office space available for rent on the 2nd and 3rd floors. The typical floor plate is 55,000 square feet. The space features a ground floor entrance on South Street, a ceiling height of 14 feet, and column spacing of 30x30 feet. Multi-side sprawling street scape terraces are located on both floors. The property includes a 290-space mechanical parking garage and an executive drop-off/pick-up area. There is a building signage opportunity.
    Location Intelligence

    Current Use by Public Records

    Lonnie's Dumpster Rental ... Dumpster Rental Service Young Body Fitness Center Richard Garage Doors Garage Door Supplier Circle the Lotus Yoga Studio

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm 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
    Morristown
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4790875
    Latitude
    40.7950857

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    FAQs

    What type of property is this?
    Office space - Large office space with terraces and parking in Morristown, NJ.
    Where is this office space located?
    The property is located at 58 South St Morristown, NJ.
    What are key features of this property?
    This property features: - 110,000 SF total office space; - Multi-side sprawling street scape terraces on both floors; - Building Signage opportunity
    (973) 829-4800
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    58 South St Morristown, NJ 07960
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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
    58 South St Morristown, NJ 07960
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