Office Building for Sale

891 Tabor Road Morris Plains, NJ 07950

Claim this Listing
New
For Sale
$875,000

For sale office building totaling 3,405 SF at 891 Tabor Road in Morris Plains, NJ.

Type:Office
Property size:
3,405 SF
Price / SF:
$256/SF
Added:
Jul 10, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 2:44 am

Property Features for 891 Tabor Road

General Information

Standard status
Active
Size
3,405 SF
Property subtype
Office

Building Details

Year Built
1952

Listing office Lee & Associates | Whippany

Listing date Jul 10, 2026

Source Lee-associates

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 Lee & Associates | Whippany


Investment Insights

Based on property information with market context.

This for-sale office building offers a total of 3,405 SF and is presented at 891 Tabor Road, Morris Plains, NJ 07950. The offering is structured for parties seeking an office property with an established building size.

The building is listed for $875,000. Additional details such as interior layout, condition, and tenancy were not provided in the information available.

Key Highlights

  • Office building for sale at 891 Tabor Road, Morris Plains, NJ
  • Total building size: 3,405 SF
  • Year built: 1952

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 $102.2k $30.00
− Vacancy −$32.7k −$9.60
EGI $69.5k $20.40
− OpEx −$17.4k −$5.10
NOI $52.1k $15.30
3,405 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$744.2K
$651.2K – $868.3K (±1% cap)
NOI $52,097 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$889.1K
$778.0K – $1.04M (±1% cap)
NOI $62,238 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Dental Office Hair Salon Law Firm Nail Salon Real Estate Agency Spa & Massage Center HVAC Service Parking Lot & Garage Big Box & Wholesale Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - For sale office building totaling 3,405 SF at 891 Tabor Road in Morris Plains, NJ.
Where is this office building located?
The property is located at 891 Tabor Road Morris Plains, NJ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Office building for sale at 891 Tabor Road, Morris Plains, NJ; Total building size: 3,405 SF; Year built: 1952
Contact an agent
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