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    Randolph, NJ
    Live - Work Space

    Randolph, NJ Live-work Space for Sale

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    Live-Work Property with Office Space
    Updated: Aug 10
    Live-Work Property with Office Space

    181 Center Grove Rd, Randolph, NJ 07869

    $759,000
    4,772 sqft 1.41 AC lot
    4,772 sf live‑work property on 1.41 acres
    Zoned RR
    Second‑floor residence includes 3 bedrooms and 2 full baths
    First floor includes office, gym, multipurpose, recreation, and game rooms
    Large driveway with plenty of parking and a 2 car garage
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    This listing looks promising.

    Here's a quick look at some key insights for

    181 Center Grove Rd, Randolph Twp., NJ 07869

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $35K
      Annual

    • Mortgage

      $240K
      Feb 2023

    • Property Type

      Commercial (General)
      Built 1979
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Randolph, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Space with First-Floor Commercial
    Live-Work Space with First-Floor Commercial

    376 Elmora Ave, Elizabeth, NJ 07208

    $1,369,900
    0.13 AC lot

    R1 zoned live-work property with public water, public sewer, and shingle roof plus finished basement and attic.

    View details
    Medical Office with Treatment Rooms
    Medical Office with Treatment Rooms

    11 Vernon Ave, Hamburg, NJ 07419

    Contact for pricing
    1,200 sqft

    Configured with reception, private office, treatment areas, imaging, therapy equipment, storage, and an upstairs residential apartment.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    376 Elmora Ave Unit 378, Elizabeth, NJ 07208

    $1,369,900

    Two-story configuration combines a ground-floor commercial space with a five-bedroom residential unit.

    View details
    Medical Office with Treatment Rooms
    Medical Office with Treatment Rooms

    11 VERNON AVE Unit 1, Hamburg, NJ 07419

    Contact for pricing
    1,200 sqft

    Configured chiropractic office with treatment rooms, imaging equipment, and accessible entry.

    View details

    Randolph, NJ Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Randolph, NJ on our real estate platform. These investment opportunities span a total of 4,772 square feet of properties for sale, with an estimated market value of $759,000.

    Sale prices for live-work properties in Randolph, NJ average $759,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 4
    Medical Office Space 3
    Office buildings 2

    Demographics Overview

    Population 26K
    Population Growth (5Y) +0.4%
    Median Household Income $170,862
    College Educated 99.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $46.49 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Randolph, NJ

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