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    Property profile & analytics

    123 Columbia Tpke Ste 204a Florham Park, NJ 07932-2121

    • Commercial real estate
    • 1,445 SF
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Feb 01, 2024
    $351,000
    Location Intelligence
    Property ID
    US59-0273522
    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

    • Buchholz Architects / Architect / Interior Designer
    • Dalba Goeller & Co / Tax Preparation Service
    • Amit Chitalia, MD / Medical Spa
    • Omega Medical / Medical Spa / Facial Spa
    • Roger H. Zenn, DDS / Dentist

    Property Details for 123 Columbia Tpke Ste 204a

    Year built
    1983
    Property size
    1,445 SF
    Zone code
    PB-2
    Property type
    Commercial real estate
    APN
    11 02001-0000-00008-2041
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $415,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $325,000
      Mixed-Use
      $325,000
      Hospitality
      $385,000
      Educational
      $320,000
      Residential Income
      $440,000
      Energy
      $345,000
      Income-Based Land
      $420,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Florham Park
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3862
    Latitude
    40.7858
    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
    $5,100
    $100,000
    $216,400
    $316,400
    -
    $100,000
    $216,400
    $316,400

    Comparable in this City

    • Value Estimation by Request
      8.92 Acres

      18 Columbia Tpke

      COMMERCIAL (GENERAL) • 8.92 Acres
      18 Columbia Tpke, Florham Park, NJ 07932-2266
      View Details
    • Value Estimation by Request
      6.11 Acres

      187 Columbia Tpke

      COMMERCIAL (GENERAL) • 6.11 Acres
      187 Columbia Tpke, Florham Park, NJ 07932-1313
      View Details
    • Value Estimation by Request
      193 SF

      256 Columbia Tpkeg16

      COMMERCIAL (GENERAL) • 193 SF
      256 Columbia Tpkeg16, Florham Park, NJ 07932-1209
      View Details
    • Value Estimation by Request
      198 SF

      256 Columbia Tpkecp23

      COMMERCIAL (GENERAL) • 198 SF
      256 Columbia Tpkecp23, Florham Park, NJ 07932-1209
      View Details
    • Value Estimation by Request
      198 SF

      256 Columbia Tpkecp20

      COMMERCIAL (GENERAL) • 198 SF
      256 Columbia Tpkecp20, Florham Park, NJ 07932-1209
      View Details
    • Value Estimation by Request
      193 SF

      256 Columbia Tpkeg14

      COMMERCIAL (GENERAL) • 193 SF
      256 Columbia Tpkeg14, Florham Park, NJ 07932-1209
      View Details

    Similar Nearby for Sale

    • $495,000
      2,300 SF

      Florham Park Office Space For Sale

      2300 SF office space in excellent condition, divisible.
      29 Columbia Tpke, Florham Park, NJ 07932
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    • $599,000
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      Florham Park Office/Medical Building

      Free-standing commercial building suited for medical or professional office use.
      118 Columbia Tpke, Florham Park, NJ 07932
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    • $449,000

      Architect-Designed Office Space for Sale

      Sophisticated office space in Florham Park, NJ with modern amenities.
      123 Columbia 204A, Florham Park, NJ 07932
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    • $325,000
      1,000 SF

      Move-in Ready Office/Medical Condo

      1000 SF move-in ready office/medical condo for sale.
      17 Hanover Rd, Florham Park, NJ 07932
      View Details
    • $449,000
      1,445 SF

      Architect-Designed Office Space in Florham

      Sophisticated office space with high-end finishes and ample natural light.
      123 Columbia Tpke, Florham Park, NJ 07932
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    Similar Nearby for Lease

    • $1,800 /Mo

      Second Floor Office Space Available

      Second floor office space featuring five offices, breakroom, and bathroom.
      140 Columbia Tpke, Florham Park, NJ 07932
      View Details
    • Contact for pricing
      3,880 SF

      Florham Park Office Space Available

      Multiple office spaces for lease in Florham Park, New Jersey.
      26 Columbia Tpke, Florham Park, NJ 07932
      View Details
    • $1,600 /Mo

      Florham Park Office Space Available

      910 sq ft office with five private rooms for rent.
      256 Columbia Tpke, Florham Park, NJ 07932
      View Details
    • $17 SF/Yr
      171,460 SF

      Prime Florham Park Warehouse Space

      68,066 SF Available, Class A Industrial
      8 Fernwood Rd, Florham Park, NJ 07932
      View Details
    • Contact for pricing
      4,153 SF

      Florham Park Office Space Available

      Office space for rent in the Fortune 500 Corridor.
      325 Columbia Tpke, Florham Park, NJ 07932
      View Details
    • Contact for pricing
      18,979 SF

      Furnished Office Space Available

      18,979 SF furnished office space for rent.
      15 Vreeland Rd, Florham Park, NJ 07932
      View Details
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    Florham Park, NJ 07932-2121
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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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