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    1 Speedwell Ave Morristown, NJ 07960

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    For Lease
    $48 SF/Yr

    Office space in mixed-use complex undergoing major renovation.

    Property size:
    8,410 SF
    Lot size:
    0.75 Acres

    Property Features for 1 Speedwell Ave

    General Information

    Size
    8,410 SF
    Lot size
    0.75 Acres

    Source: Cushman & Wakefield | Morristown Agent Robert Donnelly Jr

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

    Overview

    Morristown Office Space For Rent

    This eleven-story office building offers 181,500 square feet of space. Constructed atop a five-level parking garage, the building features an aluminum facade and reflective insulated glass. The mixed-use complex is connected by a concourse that is undergoing a major capital renovation, scheduled for completion in January 2025. The complex includes a Hyatt Regency Hotel, Eclectic Grill Restaurant, 34,000 square feet of meeting space, video conferencing facilities, a sundries shop, dry cleaner, and cafe. The available office space measures 8,410 square feet.
    Location Intelligence

    Current Use by Public Records

    Charles S. Detrizio Lawyer Collins Scott G Attorney Plaza Curtis M Attorney New Jersey Skin ... Skin Care Clinic

    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
    -74.48178
    Latitude
    40.800758

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    FAQs

    What type of property is this?
    Office space - Office space in mixed-use complex undergoing major renovation.
    Where is this office space located?
    The property is located at 1 Speedwell Ave Morristown, NJ.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: - Hyatt Regency Hotel; - 34,000 sf of meeting space offers ample room for events.; - Major capital renovation of concourse scheduled for January 2025.
    (201) 910-1814
    Request Owner's contact information
    1 Speedwell Ave Morristown, NJ 07960
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    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
    1 Speedwell Ave Morristown, NJ 07960
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