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    Property profile & analytics

    1130 Route 46 Parsippany-Troy Hills, NJ 07054

    • Office Properties & Spaces
    • 2,387 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1130 Route 46

    Property size
    2,387 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional executive office space in Parsippany-Troy Hills, NJ, offers two available suites within a 2,387 square foot building located at 1130 Route 46, zip code 07054. The property is zoned B2 and situated in Morris County. Currently, the entire 2,387 square feet is vacant and immediately available for lease. Flexible space options cater to various business needs, with a minimum divisible space of 812 square feet and a maximum contiguous space of 1,575 square feet. One suite is located on the first floor and offers approximately 800 square feet, while a second floor suite provides approximately 1,575 square feet. The building features ample parking for tenants and their clients. The asking rent is in the $18 per square foot range, plus utilities. This presents a fantastic opportunity for businesses seeking modern, well-located office space in a thriving New Jersey market. The property's convenient location and flexible floor plans make it ideal for a variety of businesses. Contact us today to schedule a viewing and secure your ideal workspace.

    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
    -74.3869
    Latitude
    40.8634

    Comparable in this City

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    • Value Estimation by Request
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      1735 Us Hwy 46

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    • Value Estimation
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      22nd Hl Rd

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    • Value Estimation
      $355,000
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      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
    • Value Estimation
      $270,000
      1,164 SF

      249 Baldwin Rd

      CONDOMINIUM OFFICES • 1,164 SF
      249 Baldwin Rd, Parsippany, NJ 07054-7500
      View Details

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    1130 Route 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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