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    299 Jefferson Rd Parsippany, NJ 07054

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    For Lease
    Contact for pricing

    Warehouse and distribution space available for lease in Parsippany.

    Property size:
    106,400 SF
    Lot size:
    7.46 Acres

    Property Features for 299 Jefferson Rd

    General Information

    Size
    106,400 SF
    Lot size
    7.46 Acres

    Source: Avison Young | Morristown Agent Matthew C. Turse

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

    Overview

    Parsippany Warehouse and Distribution Space

    This 106,400-square-foot property is suitable for warehouse and distribution purposes. It is located less than 1 mile from I-287, I-80, and Route 46. The location benefits from an excellent labor pool and is situated within a mature business park with corporate and industrial neighbors. Divisions of the space are considered. The property features separate driveways for cars and trucks and a 130-foot truck court.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Evonik Chemical Plant FedEx Drop Box Mailing Service Jefferson Rd LLC Real Estate Developer

    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.

    Similar Places Nearby

    J D Carton & Son Moving and Storage

    Location Insight

    • Map
    • Local Demand
    City
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.414287
    Latitude
    40.8549839

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    FAQs

    What type of property is this?
    Warehouse - Warehouse and distribution space available for lease in Parsippany.
    Where is this warehouse located?
    The property is located at 299 Jefferson Rd Parsippany, NJ.
    What are key features of this property?
    This property features: - Less than 1 mile to I-287, I-80 and Rt. 46; - Separate driveways for cars and trucks; - 130’ truck court
    (973) 670-3247
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    299 Jefferson Rd 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
    299 Jefferson Rd Parsippany, NJ 07054
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