Listing Agency: The Blau & Berg Company Show Phone

Listed By: Dylan Meade · License #2082622

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:05PM

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Investment Insights

Based on property information with market context.

This office building is identified for professional and medical office use. The property is located at 239 New Rd in Parsippany-Troy Hills, New Jersey 07054.

Key Highlights

• Professional and medical office building
• 239 New Rd, Parsippany‑Troy Hills, NJ 07054

Property Analytics

Property Profile

Current Use

The Blue Lily Wedding Service Tri Star Flooring ... Construction Company Network Commodities Take-out & Catering Dinamik LLC Law Firm Dawkins & Warrington Law ... Consultant

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Furniture & Home Goods Carpet & Flooring Store Locksmith 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.

Location Intelligence

Trade Area within ½ mile

732

Businesses Nearby

Explore this area Business Placement

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 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 - Building identified for professional and medical office use.

Where is this office building located?

The property is located at 239 New Rd Parsippany Troy Hills, NJ.

What are key features of this property?

This property features: Professional and medical office building; 239 New Rd, Parsippany‑Troy Hills, NJ 07054