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Property profile & analytics
OFF-MARKET Estimated value $640,000
Commercial real estate

137 Columbia Tpke Florham Park, NJ 07932-2903

0.17 ac lot Built 1928
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1369985
Property summary
AI-generated overview

This exceptional 3,500 square foot freestanding office building, situated on a 0.17-acre lot in Florham Park, New Jersey, presents a unique owner-user opportunity. Built in 1928, this Class B property boasts charming Victorian-style architecture, including palladium windows, hardwood floors, high ceilings, and etched glass doors. The main level, approximately 1,850 square feet, features a spacious open showroom, several smaller offices, a private bathroom with a shower, and multiple entry points, allowing for flexible space division. The lower level, around 1,650 square feet, offers two entrances and is currently used for office and storage. Nine parking spaces are available on-site. The property is zoned PB-2 (Professional and Business Office Zone – Residential Appearance Required), offering potential for office use (including medical, dental, or veterinary practices) or even residential conversion. Located on Columbia Turnpike, this building benefits from excellent visibility and signage opportunities. Its convenient location offers easy access to various amenities, including Trader Joe's, King's, Starbucks, McDonald's, Dunkin', CVS, and Panera Bread. The asking price is $750,000 ($214.29 per square foot). This is a rare chance to acquire a fully functional, historically significant building in a desirable location. The property's low taxes and maintenance further enhance its appeal.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1928
Construction FRAME
Lot 0.17 ac (7,301 SF)
Zoning code PB-2
APN 11 01903-0000-00004
UPID US59-1369985
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Edmund M Kramer Photographers Photography Service (Bike/Boat/Book/etc) Store
  • Plumberry Designs Inc Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
137 Columbia Turnpike LLC · 1 yrs held
137 Columbia Turnpike LLC
since 2025
Last sale
$650,000
2 recorded transactions
2025
$650,000
2023
Price N/A
Zoning & alternative use
PB-2 · Florham Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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