Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    131 Morristown Rd Basking Ridge, NJ 07920

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Two-story office buildings with cafeteria near Route 287.

    Property size:
    115,406 SF
    Lot size:
    32.48 Acres

    Property Features for 131 Morristown Rd

    General Information

    Size
    115,406 SF
    Lot size
    32.48 Acres

    Source: Cushman & Wakefield | Morristown Agent William O'Keefe

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

    Overview

    Interconnected Office Buildings For Rent

    This property features twin interconnected two-story buildings totaling 106,000 square feet, constructed with precast concrete and solar glass facades. The property includes a cafeteria. It is situated just south of a four-way interchange on Route 287.
    Insight Report Location Intelligence

    Current Use by Public Records

    Maria Mejia Nurse Practitioner DEVCO CORPORATION Machining Manufacturer Mariana Peralta Counselor Optum Software Company Dr. Eric Huang Pediatric Endocrinologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon 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
    -74.5459515
    Latitude
    40.7266508

    Nearby Similar for Lease

    • $2,500 /Mo

      Updated Apartment in Basking Ridge

      Charming, updated apartment with open floor plan in Basking Ridge.
      56 South Finley Ave, Basking Ridge, NJ 07920
      View Details
    • $3,000 /Mo

      Historic Triplex End Unit Rental

      Charming 3BR triplex unit with in-town convenience and shared amenities.
      37 E Oak St, Basking Ridge, NJ 07920
      View Details
    • $4,500 /Mo

      Furnished Ranch Home Near Schools

      Charming, furnished ranch in desirable Basking Ridge neighborhood, convenient location.
      29 Forest Trl, Basking Ridge, NJ 07920
      View Details
    • $22 SF/Yr
      16,332 SF

      Regus Mt. Airy Interchange Office Suites

      Class A Office Space in Basking Ridge, NJ
      233 Mt. Airy Rd, Basking Ridge, NJ 07920
      View Details
    • $26 SF/Yr
      3,142 SF

      Retail Space in Basking Ridge

      Retail space available in a busy shopping center.
      Allen Rd, Basking Ridge, NJ 07920
      View Details
    • $20 SF/Yr
      2,182 SF

      Upscale Retail Space For Lease

      Upscale village square shopping center with retail and office space.
      403 King George Rd, Basking Ridge, NJ 07920
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office buildings with cafeteria near Route 287.
    Where is this office building located?
    The property is located at 131 Morristown Rd Basking Ridge, NJ.
    What are key features of this property?
    This property features: - 106,000 square foot building; - Twin interconnected two story buildings; - Located just south of a four-way interchange on Route 287
    (973) 993-1200
    Request Owner's contact information
    131 Morristown Rd Basking Ridge, NJ 07920
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    131 Morristown Rd
    Basking Ridge, NJ 07920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    131 Morristown Rd Basking Ridge, NJ 07920
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.