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Commercial Retail Building on Route 46
For Sale
Contact for pricing
Pending

1571 US-46, Parsippany Troy Hills, NJ 07054

15,624+/- SF commercial building on 1.81+/- acres for sale.

Property Size15,624 SF
Lot Size1.81 Acres
Days on Market176

Property Features for 1571 US-46

General Information

Standard status Pending
Size 15,624 SF
Lot size 1.81 Acres
Property subtype Office, Retail
Zoning B-2

Building Details

Year Built 2019
Buildings 1
Stories 2
Units 7
Tenancy Multi
Listing Agency: Max Spann Realtors
Listed By: Max Spann · License #8331140
Source: Crexi
Added: Feb 18 Changed: Aug 8 Last Checked: Jul 24 at 9:15AM

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 Max Spann Realtors

Investment Insights

Based on property information with market context.

The property is a 15,624+/- square foot, two-story commercial retail building with 7 units, situated on 1.81+/- acres. It is located on Route 46 in Parsippany, Morris County, NJ. The property is zoned B-2 Highway Development District, offering flexibility for retail, service, and office uses. Benefiting from prime frontage on Route 46 in the Northern New Jersey submarket, the location provides strong visibility and access to major regional corridors. The high-traffic corridor experiences an average daily traffic volume of 25,160+/- vehicles per day.

Key Highlights

  • Prime Route 46 Frontage in Northern New Jersey
  • 15,624+\/- SF Commercial Retail Building
  • B‑2 Highway Development District offering excellent flexibility

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Hair Salon Nail Salon Parking Lot & Garage Auto Parts Store Spa & Massage Center Building Supply

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

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 35% Hotels & Casinos 13%
McDonald's Dining
20,037 visits/mo 0.3 miles
Wendy's Dining
15,241 visits/mo 0.1 miles
Exxon Shops & Services
14,830 visits/mo 0.1 miles
Embassy Suites by Hilton Parsippany Hotels & Casinos
8,047 visits/mo 0.3 miles
Bank of America Shops & Services
7,399 visits/mo 0.1 miles

Demographics for 07054, NJ

30,228
Population
12,497
Households
2.4
Avg Household Size
41
Median Age
61%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,190
Density / Sq Mi
$107,955
Median Household Income
$69,061
Median Earnings
$1,725
Median Rent
$569,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Boulevard Plaza 1055 Parsippany Blvd Suite 202, Parsippany, NJ 07054
  • The Shoppes at Parsippany 1460 US-46, Parsippany, NJ 07054

Frequently Asked Questions

What type of property is this?
Shopping center - 15,624+/- SF commercial building on 1.81+/- acres for sale.
Where is this shopping center located?
The property is located at 1571 US-46 Parsippany Troy Hills, NJ.
What are key features of this property?
This property features: Prime Route 46 Frontage in Northern New Jersey; 15,624+\/- SF Commercial Retail Building; B‑2 Highway Development District offering excellent flexibility
More about this property
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