Listing Agency: JLL | Parsippany d***@jll.com Show Phone

Listed By: Dan Ligorner · License #1326800

Source: Moodyscre

Added: Feb 10, 2023 Changed: Jul 30 Last Checked: Jul 31 at 6:23AM

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Investment Insights

Based on property information with market context.

Office space at 200 Park Ave is now available for lease. The available space ranges from 7,416 to 14,901 square feet, offering flexibility for a variety of office users.

The property is located at 200 Park Ave in Morristown, New Jersey (07932).

Key Highlights

• Available office space: 7,416 to 14,901 SF
• Now available for lease
• Address: 200 Park Ave, Morristown, NJ 07932

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Restaurant Auto Parts Store Storage Facility

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

891

Businesses Nearby

Explore this area Business Placement

Demographics for 07932, NJ

11,036

Population

4,880

Households

2.3

Avg Household Size

46

Median Age

66%

College-Educated

98%

High-School Grad

6.7 sq mi

ZIP Area

1,647

Density / Sq Mi

$147,009

Median Household Income

$73,591

Median Earnings

$3,009

Median Rent

$719,400

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 - Office space is available for lease with 7,416 to 14,901 SF of workspace.

Where is this office building located?

The property is located at 200 Park Ave Morristown, NJ.

What are key features of this property?

This property features: Available office space: 7,416 to 14,901 SF; Now available for lease; Address: 200 Park Ave, Morristown, NJ 07932