Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Building Near Major Routes Title is generated by Realmo AI

    100 Park Avenue, Florham Park, NJ 07932

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office building with proximity to Route 24 and I-287.

    Type:Office
    Property size:
    34,371 SF
    Added:
    Mar 25, 2026
    Days on Market:
    67
    Last Refresh:
    Mar 16 at 10:24 am

    Property Features for 100 Park Avenue

    General Information

    Standard status
    Active
    Size
    34,371 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Conor Dolan

    Listing agent Conor Dolan

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Conor Dolan

    HighLights

    • Proximity to Route 24 & I‑287
    • Minutes from Downtown Morristown
    • Minutes from Florham Park
    • Minutes from Madison
    • World‑Class Headquarters Building

    Overview

    This 34,371-square-foot office building is located near Route 24 and I-287, offering convenient access. It is also situated minutes from downtown Morristown, Florham Park, and Madison. The property is described as a world-class headquarters building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blink Charging Station Electric Vehicle Charging Station BASF Corporation Corporate Office FedEx Drop Box Postal Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Gym & Fitness Center Pharmacy Skin Care Clinic Accounting Firm Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Florham Park
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4263
    Latitude
    40.7772458

    Nearby Similar for Lease

    • $1,600/Mo
      910 SF

      Florham Park Office Space Available

      910 sq ft office with five private rooms.
      256 Columbia Tpke, Florham Park Boro, NJ 07932
      View Details
    • Contact for pricing
      6,703 SF

      Florham Park Office Sublease

      Office space available for sublease in Florham Park, NJ.
      180 Park Ave, Florham Park, NJ 07932
      View Details
    • $19 SF/Yr
      7,823 SF

      Florham Park Office Space Available

      64,500 SF office building with restaurants and hotels nearby.
      25 Hanover Rd, Florham Park, NJ
      View Details
    • Contact for pricing
      8,472 SF

      Florham Park Office Space Available

      Office building with 8472 square feet available for rent.
      220 Park Ave, Florham Park, NJ 07932
      View Details
    • $3,700/Mo

      Professional Office Condo For Rent

      Professional office condo with reception, offices, kitchenette, and parking.
      256 Columbia Tpke, Florham Park Boro, NJ 07932
      View Details
    • $25 SF/Yr
      1,800 SF

      Office Space Near Retail

      Office building with ample parking near shopping and transit.
      195 Columbia Tpke, Florham Park, NJ
      View Details
    • Contact for pricing
      1,935 SF

      Retail Space Available For Rent

      Retail space available, offering 1,935 square feet.
      182 Ridgedale Ave, Florham Park, NJ 07932
      View Details
    • Contact for pricing
      16,800 SF

      Proposed Multi-Tenant Retail Opportunity

      Proposed multi-tenant building with restaurant pad and liquor license.
      130 Park Avenue, Florham Park, NJ, 7932
      View Details
    • $1,800/Mo

      Second Floor Office Space Available

      Second floor office space featuring five offices, breakroom, and bathroom.
      140 Columbia Tpke, Florham Park Boro, NJ 07932
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space with High Visibility

      Retail space with signage and easy access to Route 24.
      Columbia Tpke 177, Florham Park, NJ
      View Details
    • Contact for pricing
      3,880 SF

      Florham Park Office Space Available

      Multiple office spaces for lease in Florham Park, New Jersey.
      26 Columbia Tpke, Florham Park, NJ
      View Details
    • Contact for pricing
      4,600 SF

      Florham Park Office Space Available

      Multiple office spaces for lease in Florham Park, New Jersey.
      30 Columbia Tpke, Florham Park, NJ
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with proximity to Route 24 and I-287.
    Where is this office building located?
    The property is located at 100 Park Avenue Florham Park, NJ.
    What are key features of this property?
    This property features: Proximity to Route 24 & I‑287; Minutes from Downtown Morristown; Minutes from Florham Park
    (201) 712-5673
    We can help!
    Listing Contact
    Conor Dolan
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    100 Park Avenue, Florham Park , NJ, 07932
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!