7 Entin RdParsippany-Troy Hills, NJ 07054

  • Other commercial real estate
  • 8.37 AC
For Lease
$23.50/SF/YR View listing

Property Details for 7 Entin Rd

Year built
1977
Lot size
8.37 AC
Zone code
SED3
Property type
Other commercial real estate
APN
29 00202-0000-00009- 3
APU
29002020000000093

Description

This exceptional Class B executive office building, located at 7 Entin Road in Parsippany-Troy Hills, NJ 07054, offers 56,455 square feet of space across two stories. Built in 1981 and extensively renovated in 2020, the property boasts a modern and efficient design. Three suites are currently available, ranging from 6,812 to 13,822 square feet, perfect for businesses seeking flexible and adaptable workspaces. Recent upgrades include new LED site lighting, a monument sign, enhanced landscaping and sidewalks, improved paving and curbing, a completely renovated lobby and common area hallways, updated restrooms, elevator landings, and a state-of-the-art card key access system. Further improvements include a new Building Management System (BMS) with VAV box controls, high-definition security cameras, a solar array on the roof and carport, a white EDPM roof, and a UV air purification system. The building also features a digital billboard on Route 287, providing excellent visibility. Amenities include a day porter, professional management, abundant parking, eight electric vehicle charging stations, and Lightpath fiber optic internet access. Its strategic location offers convenient access to major roadways, including I-287, Routes 10 and 202, I-80, and Route 46. Nearby amenities include Wegman's, Panera Bread, LA Fitness, a daycare center, several hotels (Hilton, Marriott, Hyatt House), Seasons 52, Capital Grille, Starbucks, Kohl's, Barnes & Noble, FedEx/Kinko's, and Uncle Giuseppe's Market. The Morris Plains train station is just nine minutes away, Newark Liberty Airport is a 30-minute drive, and New York City is approximately 45 minutes away. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located, and amenity-rich office space in a thriving New Jersey market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $76,111,080
    Hospitality
    $69,717,344
    Educational
    $58,004,008
    Medical
    $59,998,856
    Retail
    $90,228,456
7 Entin Rd, Parsippany-Troy Hills, New Jersey
Leaflet | © OpenStreetMap contributors

Location Insight

City
Parsippany
County
Morris
State
New Jersey
Latitude
40.8445
Longitude
-74.4311
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$163,889
$2,522,000
$2,374,600
$4,896,600
-
$2,522,000
$2,374,600
$4,896,600

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