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    1250 Sussex Tpke Randolph, NJ 07869

    • Commercial real estate
    • 16,800 SF
    • 1.26 lot acres
    For Lease
    View listing
    $36,000
    Value Estimation
    Location Intelligence
    Property ID
    US59-3206400
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Spear Pharmaceuticals / Pharmaceutical Company
    • Artistry Skin Center / Medical Spa / Skin Care Clinic
    • Niyama Yoga / Yoga Studio
    • Nisivoccia Consulting / Computer Consultant
    • Morris Academy / Tutoring Service

    Property Details for 1250 Sussex Tpke

    Year built
    2009
    Construction
    CONCRETE BLOCKS
    Lot size
    1.26 lot acres
    Property size
    16,800 SF
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    32 00093-0000-00009
    APU
    3200093000000009

    Description

    This exceptional 1,570 square foot creative office suite is available for lease in the Mt. Freedom section of Randolph Township, New Jersey. Located on the second floor of a prestigious 2008-built mixed-use property at 1250 Sussex Turnpike, 07869, this single-tenant space boasts a stunning open floor plan perfect for a variety of uses, particularly wellness-focused businesses. Features include hardwood floors, hand-painted murals, a private bathroom, dedicated office space, a welcoming reception area, ceiling fans, and unique hot yoga heating panels. The suite also offers a distinctive barn door entry, ample parking, building signage, central air conditioning, secure storage, and 24/7 accessibility. Its prime location provides easy access to Route 10 and Millbrook Avenue, and is just five miles west of Morristown, ensuring high visibility and convenient commuting. This turnkey space is move-in ready and offers a high-end, trophy-quality environment within a thriving Western Morris County submarket. The property is situated in Morris County and benefits from the amenities and accessibility of a mixed-use development.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5828
    Latitude
    40.827
    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
    2022
    $85,536
    $173,300
    $3,026,700
    $3,200,000
    -
    $173,300
    $3,026,700
    $3,200,000

    Comparable in this City

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      353 State Rte 10

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      390 State Rte 10

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      390 State Rte 10, Randolph, NJ 07869-2141
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      961 State Rte 10

      COMMERCIAL (GENERAL) • 20,080 SF
      961 State Rte 10, Randolph, NJ 07869-1935
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      1,673 SF

      725 State Rte 10

      COMMERCIAL (GENERAL) • 1,673 SF
      725 State Rte 10, Randolph, NJ 07869-1916
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    Similar Nearby for Lease

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    1250 Sussex Tpke
    Randolph, NJ 07869
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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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