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    477 Martinsville Rd Basking Ridge, NJ 07920

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    For Lease
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    Trophy office building with full-service cafeteria and fitness center.

    Property size:
    57,857 SF
    Lot size:
    34.61 Acres

    Property Features for 477 Martinsville Rd

    General Information

    Size
    57,857 SF
    Lot size
    34.61 Acres

    Source: JLL | East Rutherford Agent Larry Martin

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

    Overview

    Prestigious Basking Ridge Office Building

    This trophy office building is located in prestigious Basking Ridge. The property features a four-story atrium lobby, a full-service cafeteria with a 150-seat dining room, a fitness center with locker rooms, and a conferencing facility with seating for 100. Convenient below-grade garage parking is available. The property size is 57857 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Summit Bank Bank Mt Mc Kinley ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Basking Ridge
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.578283
    Latitude
    40.645553

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    FAQs

    What type of property is this?
    Office building - Trophy office building with full-service cafeteria and fitness center.
    Where is this office building located?
    The property is located at 477 Martinsville Rd Basking Ridge, NJ.
    What are key features of this property?
    This property features: - Prestigious Basking Ridge location; - **Four story atrium lobby**; - Full-service cafeteria with 150 seat dining room
    (201) 528-4400
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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
    477 Martinsville Rd Basking Ridge, NJ 07920
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