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Two-Building Office Campus
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99 and 119 Cherry Hill Road, Parsippany Troy Hills, NJ 07054

Suburban office campus with adaptable floor plates suited to both small and large office users.

Property Size189,252 SF
Lot Size18.24 Acres
Days on Market159

Property Features for 99 and 119 Cherry Hill Road

General Information

Standard status Active
Size 189,252 SF
Class Class B
Total Parking Spaces 725
Lot size 18.24 Acres
Property subtype Office
Zoning ROL

Additional Details

Highway Access Yes

Building Details

Year Built 1981
Buildings 2
Stories 3
Units 31
Building Size 189,252 SF
Parking Ratio 3.8 per 1,000 SF
Listing Agency: Keen-Summit Capital Partners
Listed By: Heather Milazzo · License #NY 40MI1176616
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 6:36PM

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 Keen-Summit Capital Partners

Investment Insights

Based on property information with market context.

The property comprises two office buildings totaling approximately 189,252 square feet on an approximately 18.24-acre campus. The Class B suburban office improvements feature flexible floor plates designed to accommodate a range of office configurations, from smaller users to larger occupiers. Periodic renovations have supported the buildings over time.

Located at 99 and 119 Cherry Hill Road in Parsippany-Troy Hills, New Jersey, the campus provides access to Interstate 80, Route 46, and Interstate 287. Surface parking includes approximately 725 spaces, or roughly 3.8 spaces per 1,000 square feet, providing substantial on-site parking for the office complex.

Key Highlights

  • Two‑building office campus totaling approximately 189,252 SF
  • Approximately 18.24 acres at 99 and 119 Cherry Hill Road
  • Approximately 725 surface parking spaces

Property Analytics

Current Use

Parker + Lynch Employment Agency Special Counsel Employment Agency Roche Miseo Barchetto, ... Accounting Firm Royal Coachman Worldwide Limousine Service Genoa Healthcare Pharmacy

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Garden Center Hair Salon Grocery & Convenience Store Food Market

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

753
Businesses Nearby

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 - Suburban office campus with adaptable floor plates suited to both small and large office users.
Where is this office building located?
The property is located at 99 and 119 Cherry Hill Road Parsippany Troy Hills, NJ.
What are key features of this property?
This property features: Two‑building office campus totaling approximately 189,252 SF; Approximately 18.24 acres at 99 and 119 Cherry Hill Road; Approximately 725 surface parking spaces
More about this property
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