140 Littleton Rd, Parsippany, NJ 07054
- Commercial real estate
- 29,984 SF
- 1.62 lot acres
Current Use by Public Records
- Albatross Lab Solutions LLC / Laboratory
- SensorEdge / Factory / Production Facility
- Garden State Eye and Vision / Physician
- Dr. Ilaxi Rana / Physician
- aShipNow / Freight Service / Logistics Company
Property Details for 140 Littleton Rd
- Year built
- 1970
- Lot size
- 1.62 lot acres
- Zone code
- O-1
- Property type
- Commercial real estate
- APN
- 29 00412-0000-00005
- APU
- 2900412000000005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 2, 2023 | $3,946,250 | 140 Littleton Parsippany LLC | Kwantum Enterprise INC | Deed | $2.5M · First Commerce Bank |
| Aug 13, 2020 | — | Kwantum Enterprise INC | — | Deed · related | $187k · Wells Fargo Bank NA |
| Nov 27, 2019 | — | Kwantum Enterprise INC | — | Deed · related | $187k · Wells Fargo Bank NA |
| May 30, 2019 | $3,500,000 | Kwantum Enterprise INC | 77 Route 10 East LLC | Deed | $2M · Wells Fargo Bank NA |
| Apr 5, 2017 | — | 77 Route 10 East LLC | — | Deed · related | $1.5M · Td Bk NA |
| Mar 30, 2016 | $2,415,000 | 77 Route 10 East LLC | Bre East Pooled Office Owner LLC | Deed | — |
| Aug 3, 2015 | $2,524,443 | Bre East Pooled Office Owner L | General Elec Cr Equities | Grant Deed | — |
| Jul 10, 2014 | $2,262,100 | Electric Credit Equiti | Principal Properties LP | Grant Deed | — |
| May 22, 2008 | — | Principal Properties | — | Deed Of Trust · related | $105M · General Electric Capital Corp |
| Jan 15, 2008 | — | Principal Properties LLC | — | Deed Of Trust · related | $105M · General Electric Capital Corp |
| — | — | 77 Route 10 East LLC | — | Deed Of Trust · related | $1.5M · Td Bk NA |
Description
This exceptional 1860-square-foot first-floor office condo in Parsippany, NJ, presents a rare opportunity. Located in a professional building on a 1.62-acre lot, this unit boasts a highly desirable layout perfect for a variety of professional uses. The space includes a welcoming reception area, creating a positive first impression for clients and visitors. Multiple private rooms offer flexibility for individual offices or specialized work areas, while a large open space provides ample room for collaborative work, client meetings, or other business needs. A dedicated private office is ideal for consultations or executive functions. The building offers convenient and ample parking, a significant advantage for both employees and clients. Its strategic location provides easy access to major highways, ensuring seamless commutes and convenient client access. This is an exceptional opportunity to secure a well-appointed office space in a highly sought-after Parsippany location. The unit has been meticulously maintained and is ready for immediate occupancy. The modern design and functional layout make this an ideal space for businesses seeking to establish a strong presence in a thriving commercial area. Don't miss this chance to secure this exceptional office condo.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,535,000
- ML approach
- $4,385,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,670,000
- 6.5%
- $3,385,000
- 7%
- $3,145,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,407,000
Market price range: $3.41M - $8.67M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,600,000 Current use
- INDUSTRIAL (GENERAL)
- $5,360,000 Change: -4% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Parsippany
- County
- Morris
- State
- New Jersey
- Longitude
- -74.4191
- Latitude
- 40.867
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
