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    1 Gatehall Dr Parsippany, NJ 07054

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    For Lease
    $21 SF/Yr ($3,745 /Mo)

    Well-equipped office space with on-site amenities in Parsippany.

    Property size:
    2,140 SF
    Lot size:
    7.44 Acres

    Property Features for 1 Gatehall Dr

    General Information

    Size
    2,140 SF
    Lot size
    7.44 Acres

    Source: Lincoln Property Company | New Jersey Agent Robert E. Lee

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

    Overview

    Modern Office Space Available

    This office space offers 24/7 building access, ensuring operational flexibility. It features a fitness center equipped with lockers, showers, and restrooms, promoting employee well-being. A conference room is available for meetings and presentations. Security is enhanced by a state-of-the-art card access system. Parking is provided at a ratio of 3.5 spaces per 1,000 square feet in a freshly paved lot. The property includes a scenic pond and landscaped exterior seating area adjacent to the plaza. Storage space is available for tenants. Connectivity is supported by Verizon Fios and Optimum Lightpath Cablevision. The location provides close proximity to upscale restaurants and shopping. Several hotels, including the Hanover Marriott, Hilton, Hampton Inn, and Hyatt House Suites, are within a short drive, with the Residence Inn Hotel located next door within walking distance. A full-service cafeteria is conveniently located next door and is open to the public. An on-site building engineer and property manager are available to address tenant needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CrownPoint Development Group Real Estate Developer Amber Wolf Insurance Broker Clausen Miller PC: ... Attorney Blake Fielding Insurance Broker FNT Solutions Inc. Software Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4634881
    Latitude
    40.8475758

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    FAQs

    What type of property is this?
    Office space - Well-equipped office space with on-site amenities in Parsippany.
    Where is this office space located?
    The property is located at 1 Gatehall Dr Parsippany, NJ.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - 24/7 Building Access; - On-site Building Engineer and Property Manager; - Fitness center with lockers, showers, and restrooms
    (973) 599-0050
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    1 Gatehall Dr 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
    1 Gatehall Dr Parsippany, NJ 07054
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