200 MINERAL SPRINGS DR Unit 205, Dover, NJ 07801
Well-maintained office unit with multi-zone climate control, multiple lavatories, kitchenette, parking, and HOA-managed exterior care.
- Added:
- Jun 16, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 24 at 2:54 am
Property Features for 200 MINERAL SPRINGS DR Unit 205
General Information
- Standard status
- Active
- Size
- 4,766 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1989
Listing office COLDWELL BANKER REALTY (862) 219-9168
Listing date Jun 16, 2026
Source Xome
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 COLDWELL BANKER REALTY
HighLights
- Well‑maintained office condo built in 1989 in an office park setting
- Multi‑zone heating and cooling for year‑round comfort
- Includes multiple lavatories plus a kitchenette
- Owned solar panels to help reduce energy costs
- Roof is rubber; HOA manages exterior maintenance and snow removal
- Zoning: 0‑1; 0.125 AC lot with parking available
Overview
The building offers ample parking for easy access, and the unit is located just minutes from Route 80. Day-to-day property operations are supported through an HOA that is responsible for exterior maintenance and snow removal, helping reduce non-business upkeep for occupants or owners.
For buyers or tenants seeking a move-in-ready office environment, this unit’s practical layout supports everyday office needs with dedicated lavatories and a kitchenette, along with climate systems designed to serve the multi-unit building. The combination of on-site parking and HOA-managed exterior responsibilities can help streamline building-related concerns while you focus on operations.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.0k | $30.00 |
| − Vacancy | −$45.8k | −$9.60 |
| EGI | $97.2k | $20.40 |
| − OpEx | −$24.3k | −$5.10 |
| NOI | $72.9k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Morris
- State
- New Jersey
- Longitude
- -74.5472
- Latitude
- 40.9293
