0 Columbia Tpke Morristown, NJ 07960
This exceptional 100+ acre land parcel presents a unique development opportunity in Florham Park, New Jersey. Located at 0 Columbia Turnpike, Florham Park, NJ 07960, this property offers significant potential, situated near Morristown Airport and major transportation routes. The site is primarily comprised of wetlands. It's important to note that a 2023 Supreme Court ruling established a federal rule potentially allowing the use of 2.5 million acres of wetlands nationwide. Prospective buyers should consult with their architects and relevant governing authorities to determine the optimal use and development possibilities for this expansive property. The asking price for this significant land holding is $250,000. The property is classified as developmental land and is located in Morris County, New Jersey, within the borough of Florham Park. Given its size and location, this property represents a compelling investment opportunity for developers seeking a substantial land parcel in a desirable New Jersey location. Further due diligence is recommended to fully assess the development potential and regulatory considerations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.