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    Property profile & analytics

    3219 Us-46 Parsippany-Troy Hills, NJ 07054

    • Office Properties & Spaces
    • 54,619 SF
    For Lease
    View listing
    $21 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 3219 Us-46

    Property size
    54,619 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    Parsippany Commons, located at 3219 US-46 in Parsippany-Troy Hills, NJ 07054, offers a prime opportunity for businesses seeking flexible office space in Morris County. This Class B, three-story building totaling 54,619 square feet underwent renovations in 2018 and features a variety of office configurations suitable for traditional, executive, medical, or professional practices. Multiple tenancy options are available, with spaces ranging from a minimum of 138 square feet to a maximum contiguous space of 8,417 square feet

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parsippany-Troy Hills
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4275
    Latitude
    40.8717

    Comparable in this City

    • Value Estimation by Request

      1719 Nj-10

      Office space
      1719 Nj-10, Parsippany-Troy Hills, NJ 07054
      View Details
    • Value Estimation
      $245,000
      1,164 SF

      255 Baldwin Rd

      CONDOMINIUM OFFICES • 1,164 SF
      255 Baldwin Rd, Parsippany, NJ 07054-7501
      View Details
    • Value Estimation by Request
      8,016 SF

      1735 Us Hwy 46

      CONDOMINIUM OFFICES • 8,016 SF
      1735 Us Hwy 46, Parsippany, NJ 07054-2913
      View Details
    • Value Estimation
      $320,000
      1,579 SF

      22nd Hl Rd

      CONDOMINIUM OFFICES • 1,579 SF
      22nd Hl Rd, Parsippany, NJ 07054-1072
      View Details
    • Value Estimation
      $355,000
      2,320 SF

      184 Parsippany Rd

      CONDOMINIUM OFFICES • 2,320 SF
      184 Parsippany Rd, Parsippany, NJ 07054-4708
      View Details
    • Value Estimation
      $375,000
      1,840 SF

      164 Parsippany Rd

      CONDOMINIUM OFFICES • 1,840 SF
      164 Parsippany Rd, Parsippany, NJ 07054-4708
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7.98 Acres

      Parsippany Office Suite - 7.98 Acres

      Prime Parsippany office space, ideal for professionals.
      959 Route 46, Parsippany, NJ 07054
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    • $300,000

      Medical Laboratory Business Opportunity

      Medical laboratory business for sale with multiple state licenses.
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    • $779,000

      Idyllic 55+ Community Townhome

      Lovely 2-story townhome in a manicured 55+ community.
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      120,441 SF

      Parsippany Redevelopment Opportunity

      Redevelopment opportunity with easy access to major interchanges.
      11 Waterview Blvd, Parsippany, NJ 07054
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    • $3,100,000
      4,000 SF

      Prime Retail Location on US 46

      High-visibility retail property with ample parking and easy access.
      1106 Route 46, Parsippany, NJ 07054
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    • $699,000

      Commercial Land Available

      Commercial land for sale.
      209 Raymound Blvd, Parsippany, NJ 07054
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    Similar Nearby for Lease

    • $21 SF/Yr
      54,619 SF

      Parsippany Office Space Available

      Modern Morris County office suites, 138-8,417 sq ft.
      3219 Us-46, Parsippany-Troy Hills, NJ 07054
      View Details
    • $9 SF/Yr
      5,711 SF

      Parsippany Office Space for Lease

      Flexible workspace solutions in Morris County.
      1719 Nj-10, Parsippany-Troy Hills, NJ 07054
      View Details
    • Contact for pricing
      8,000 SF

      Prime Parsippany Medical Office Space

      8,000 SF Medical Building, Suites Available
      131 New Rd, Parsippany-Troy Hills, NJ 07054
      View Details
    • Contact for pricing
      1,912 SF

      Parsippany Office Building For Rent

      Three-story office building with renovated common areas and modern amenities.
      299 Cherry Hill Rd, Parsippany, NJ 07054
      View Details
    • $18 SF/Yr
      3,184 SF

      Parsippany Office Space For Rent

      39,000 SF three-story building with on-site management.
      3799 Us Highway 46, Parsippany, NJ 07054
      View Details
    • $20 SF/Yr
      7,123 SF

      Parsippany Medical Office Space Available

      Medical office space for lease in Parsippany, New Jersey.
      3699 Route 46, Parsippany, NJ 07054
      View Details
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    3219 Us-46
    Parsippany-Troy Hills, NJ 07054
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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
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