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Office Building with Four-Story Build Potential
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175 Morris Ave, Springfield, NJ 07081

Flexible office building site with ability to build up to four stories and ample on-site parking.

Property Size3,000 SF
Days on Market718

Property Features for 175 Morris Ave

General Information

Standard status Active
Size 3,000 SF
Property subtype OFFICE
Listing Agency: The Blau & Berg Company
Listed By: Tamara J. Blau · License #1540828
Source: Moodyscre
Added: Aug 12, 2024 Changed: Jul 30 Last Checked: Jul 30 at 5:07AM

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 The Blau & Berg Company

Investment Insights

Based on property information with market context.

Office building site offering approximately 3,000 SF total building size, with entitlement/feasibility to build up to four stories. The site coverage is shown as 60% building coverage and 81% lot coverage, with an identified footprint of 118,254 SF.

The property is located at 175 Morris Ave in Springfield, NJ 07081, with ample parking available for occupants and visitors. Nearby amenities include restaurants, pharmacy, banks, grocery, and Short Hills Mall. A bus stop for NJ Transit route 114 to New York City is within walking distance.

The footprint and coverage figures support a multi-story office development concept while maintaining substantial site area for parking and circulation.

Key Highlights

  • Build potential for up to four stories
  • 118,254 SF site footprint
  • Lot size of 0.18 AC

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service Grocery & Convenience Store Hotel & Motel Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,358
Businesses Nearby

Demographics for 07081, NJ

17,200
Population
6,844
Households
2.5
Avg Household Size
43
Median Age
64%
College-Educated
95%
High-School Grad
5.2 sq mi
ZIP Area
3,308
Density / Sq Mi
$146,059
Median Household Income
$70,781
Median Earnings
$2,135
Median Rent
$590,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office building site with ability to build up to four stories and ample on-site parking.
Where is this office building located?
The property is located at 175 Morris Ave Springfield, NJ.
What are key features of this property?
This property features: Build potential for up to four stories; 118,254 SF site footprint; Lot size of 0.18 AC
(917) 488-6846 Call to check price and availability
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