Property summary
This exceptional 2-acre commercial land parcel in Pequannock Township, Morris County, New Jersey, presents a unique ground lease opportunity. Located on heavily trafficked NJ-23, this property boasts over 64,000 cars passing daily, ensuring high visibility and significant marketing potential for your business. The site is zoned C-2, allowing for a diverse range of commercial uses, providing flexibility for various development plans. Multiple ingress/egress points offer convenient access for customers and employees, enhancing operational efficiency. The property's prominent location on Route 23 ensures maximum exposure to a large customer base. For businesses requiring additional space, an expansion option of 0.39 acres is available, providing scalability for future growth. This prime location in Pequannock Township, with its high traffic volume and versatile zoning, offers an unparalleled opportunity for commercial development or investment. The address is 23 NJ-23, Pequannock Township, NJ 07440. This is a single-tenant property, ideal for a business seeking a high-profile location with excellent accessibility. Don't miss this chance to secure a prominent position on one of New Jersey's busiest thoroughfares.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.