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    Morristown, NJ Medical Office Space for Sale

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    Cedar Knolls, NJ Morris Plains, NJ Whippany, NJ
    Downtown Morristown Mixed-Use Opportunity
    $1,450,000
    3,586 SF
    Downtown Morristown Mixed-Use Opportunity

    4 Perry St, Morristown, NJ 7960

    Mixed-use property in Downtown Morristown near transit and amenities.
    • Prime Downtown Morristown location, steps from train, transit, restaurants, and theaters.
    • Versatile mixed‑use property suitable for business, residential, or investment purposes.
    • First floor features multiple offices, reception area, kitchenette, and bathroom.
    • Upper level offers apartments for rental income or on‑site living.
    • Multiple permitted uses including office, medical, art gallery, childcare, single‑family, and multi‑family.
    Updated: May 12
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Medical Office End Unit
    $300,000
    10,000 SF
    Medical Office End Unit

    Bright, sunny medical office suite in Madison Boro, NJ.

    8 Shunpike Rd, Madison, NJ 07940

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    Updated Medical Office End Unit
    $300,000
    1,024 SF
    Updated Medical Office End Unit

    Updated medical office end unit near hospitals and major routes.

    8 Shunpike, Madison, NJ 7940

    View details
    Commercial Office/Medical Building For Sale
    $599,000
    1,718 SF
    Commercial Office/Medical Building For Sale

    Free-standing commercial property suited for medical or professional office use.

    118 Columbia Tpke, Florham Park, NJ 7932

    View details
    Move-in Ready Office/Medical Condo
    $325,000
    1,000 SF
    Move-in Ready Office/Medical Condo

    1000 SF move-in ready office/medical condo for sale.

    17 Hanover Rd, Florham Park, NJ

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Watchung Boro Commercial Lot For Sale
    $449,000
    0.92 Acres
    Watchung Boro Commercial Lot For Sale

    0.92 acre commercial lot in Watchung Boro, New Jersey.

    729 Mountain Blvd, Watchung, NJ 07069

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    Watchung Boro Land For Sale
    $449,000
    0.92 Acres
    Watchung Boro Land For Sale

    0.92 acre lot in Watchung Boro, NJ for sale.

    729 Mountain Blvd, Watchung, NJ 07069

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    Prime Land on Corner Lot
    $2,900,000
    50,000 SF
    Prime Land on Corner Lot

    4.1 acres on corner lot with high traffic volume.

    229 Adamsville Rd, Bridgewater, NJ 08807

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    Branchburg Twp. Land on Route 22
    $749,700
    6.70 Acres
    Branchburg Twp. Land on Route 22

    6.7 acres on Route 22 West in Branchburg Twp.

    Somerville, NJ 08876

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    Off-Market Properties in Morristown, NJ

    Consider similar Off-Market properties in Morristown, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    17 Spg Pl
    MEDICAL BUILDING
    Lot: 4.37 Acres
    Estimated value
    $750,000

    17 Spg Pl, Morristown, NJ 07960-3947

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    1201 Mount Kemble Ave
    Medical Office Space
    Lot: 2.50 Acres
    Value Estimation by Request

    1201 Mount Kemble Ave, Morristown, NJ 07960

    View details

    Morristown, NJ Medical Office Space Investment Opportunities Market Analysis

    Explore 3 medical office space for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 3,586 square feet of properties for sale, with an estimated market value of $1,450,000.

    Sale prices for medical spaces in Morristown, NJ start at $1,450,000, averaging $1,450,000, and reaching up to $1,450,000 — 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 50
    Medical Office Space 10
    Office buildings 10
    Coworking space 3

    Demographics Overview

    Population 47K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 65.1%

    High-Yield Neighborhoods for Investment

    Identify Morristown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07960 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per SF
    Tax Rate vs County Average 0.35 pp below 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Morristown fall within the 100,000+ square foot range.

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