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    11 Waterview Blvd Parsippany, NJ 07054

    For Sale
    Contact for pricing

    Redevelopment opportunity with easy access to major interchanges.

    Property size:
    120,441 SF
    Lot size:
    9.62 Acres

    Property Features for 11 Waterview Blvd

    General Information

    Size
    120,441 SF
    Lot size
    9.62 Acres

    Source: Hilco Real Estate - Corporate Agent Jonathan Cuticelli

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

    Overview

    Parsippany Redevelopment Opportunity

    This property, located in Parsippany, New Jersey, offers a prime redevelopment opportunity. The property has easy access to major interchanges including I-287, Routes 202, and 46. Situated in a densely populated market, it provides superior access to major employment hubs. The property is adjacent to a new retail center featuring Whole Foods, Ulta, Shake Shack, and other establishments. The property size is 120441 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bayer Parsippany Corporate Office 44 Oak Capital Financial Institution Easy Inn Hotel Neighborhood Roofing Parsippany Roofing Contractor Loren Umaña, Realtor ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.423978
    Latitude
    40.87271

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    FAQs

    What type of property is this?
    Office building - Redevelopment opportunity with easy access to major interchanges.
    Where is this office building located?
    The property is located at 11 Waterview Blvd Parsippany, NJ.
    What are key features of this property?
    This property features: - Prime industrial or townhome redevelopment opportunity; - Adjacent to new retail center featuring Whole Foods, Ulta, Shake Shack & others; - Located in densely populated market with superior access to major employment hubs
    (847) 714-1288
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    11 Waterview Blvd 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
    11 Waterview Blvd Parsippany, NJ 07054
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