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    2 Middlebury Blvd Randolph, NJ 07869

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    For Sale
    Contact for pricing

    20,000 Sq Ft commercial land with site work started.

    Property size:
    20,000 SF
    Lot size:
    2.66 Acres

    Property Features for 2 Middlebury Blvd

    General Information

    Size
    20,000 SF
    Lot size
    2.66 Acres

    Source: Allied Realty Agent Ronald Kraft

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

    Overview

    Approved Commercial Land For Sale

    This commercial land offering features a 20,000 square foot approved site where site work has already commenced. The property allows for office space up to 25% of the building. Building height is capped at a maximum of 40 feet, as per local code. Loading access is facilitated by a tailgate.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Morris
    State
    New Jersey
    Longitude
    -74.617579
    Latitude
    40.861639

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    FAQs

    What type of property is this?
    Commercial land - 20,000 Sq Ft commercial land with site work started.
    Where is this commercial land located?
    The property is located at 2 Middlebury Blvd Randolph, NJ.
    What are key features of this property?
    This property features: - 20,000 Sq Ft Approved Size; - Site Work Started; - Up to 25% Office Space
    (973) 575-8410
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    2 Middlebury Blvd Randolph, NJ 07869
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    Randolph, NJ 07869
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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
    2 Middlebury Blvd Randolph, NJ 07869
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