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Retail Space on Morristown Green
For Lease
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40 Park Ave, Morristown, NJ

Retail space with visibility on The Green in Morristown.

Space Size1,363 SF - 14,127 SF
Lot Size0.78 Acres
Days on Market389

Property Features for 40 Park Ave

General Information

Standard status Active
Size 1,363 SF - 14,127 SF
Lot size 0.78 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 40 Park Ave Contact us

40 W Park Pl $27/SF/Yr

Floor
1
Size
2,485 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
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Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
1,363 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
14,127 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
1,968 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
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Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
2,330 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
2,370 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
2,381 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
2,975 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
3,114 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us

40 W Park Pl $27/SF/Yr

Floor
LL
Size
4,943 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The entrance to the lower-level property is located directly on the “Morristown...
show more
Contact us
Listing Agency: JLL | Parsippany
Listed By: Craig Parcells · License #1648648
Source: Moodyscre
Added: Aug 6, 2025 Changed: Aug 22 Last Checked: Aug 28 at 8:03PM

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 JLL | Parsippany

Investment Insights

Based on property information with market context.

This retail space is located with direct access to the Morristown Green, a two-acre park in the center of Morristown. The property is near Headquarters Plaza, Morristown Medical Center, and Morristown Station. Tenants will have signage opportunities on the ground floor level next to Starbucks. The space offers flexibility to fulfill various space requirements. It features a 16-foot ceiling height. Parking is available in the Dalton Parking Garage, which offers 677 spaces and is located adjacent to the building. The property size is 1,968 square feet.

Key Highlights

  • Directly on the Morristown Green, a central two‑acre park.
  • High visibility with signage opportunity next to Starbucks.
  • Close proximity to Headquarters Plaza, Morristown Medical Center, and Morristown Station.

Property Analytics

Current Use

U&Y Garage Door ... Building Supply

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Building Supply Big Box & Wholesale Store

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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Hyatt House Morristown Hotels & Casinos
2,900 visits/mo 0.5 miles

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with visibility on The Green in Morristown.
Where is this retail space located?
The property is located at 40 Park Ave Morristown, NJ.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Directly on the Morristown Green, a central two‑acre park.; High visibility with signage opportunity next to Starbucks.; Close proximity to Headquarters Plaza, Morristown Medical Center, and Morristown Station.
(973) 829-4780 Call to check price and availability
More about this property
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