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    910 Mount Kemble Ave Morristown, NJ 07960

    Sponsored
    For Sale
    $2,350,000

    Prime Morristown location, 11,000 sq ft office building.

    Property size:
    11,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 11,000 square foot Class B office building is situated at 910 Mt. Kemble Avenue in Morristown, New Jersey, zip code 07960. Currently 50% occupied by two tenants under a gross lease, this multi-tenant property presents a compelling investment opportunity at an asking price of $2,350,000 ($213.64 per square foot). The building benefits from ample parking, a significant advantage in this highly desirable location. Its convenient proximity to Morristown Green and surrounding amenities, including numerous restaurants and shops, enhances its appeal. The property is zoned B2 and offers a unique blend of aesthetic design and functional layout, making it suitable for a variety of business uses. This freestanding building represents a rare chance to acquire a substantial property in a prime Morristown location. The building's strong location and potential for increased occupancy make it an attractive investment for both portfolio expansion and new business establishment. Serious inquiries are encouraged.

    Property Features for 910 Mount Kemble Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,000 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Ample on‑site parking.
    • Highly desirable Morristown, NJ location.
    • Minutes from Morristown Green and numerous restaurants & shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    NCJAR Morristown Association Or Organization North Central Jersey ... Real Estate School RJR Solutions Inc Computer Consultant Commission Express Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5311513
    Latitude
    40.7469964

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Morristown location, 11,000 sq ft office building.
    Where is this office property / space located?
    The property is located at 910 Mount Kemble Ave Morristown, NJ.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Ample on-site parking.; Highly desirable Morristown, NJ location.; Minutes from Morristown Green and numerous restaurants & shops.
    Request Owner's contact information
    910 Mount Kemble Ave Morristown, NJ 07960
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    Morristown, NJ 07960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    910 Mount Kemble Ave Morristown, NJ 07960
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