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Property profile & analytics
FOR LEASE
Commercial real estate

140 Littleton Rd Parsippany, NJ 07054

29,984 SF 1.62 ac lot Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-0273488
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 29,984 SF
Lot 1.62 ac (70,567 SF)
Zoning code O-1
APN 29 00412-0000-00005
UPID US59-0273488
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
  • Albatross Lab Solutions LLC Laboratory
  • SensorEdge Factory Production Facility
  • Garden State Eye and Vision Physician
  • Dr. Ilaxi Rana Physician
  • aShipNow Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.39M
CAP Approach CAP
$3.39M
Comparable Approach Comparable
$3.41M
Blend (final) Blend
$3.94M
Owner & transaction history
140 Littleton Parsippany LLC · 3 yrs held
140 Littleton Parsippany LLC
since 2023
Last sale
$3.9M
7 recorded transactions
2023
$3.9M
2020
Price N/A
2019
Price N/A
2019
$3.5M
2017
Price N/A
2016
$2.4M
2015
$2.5M
Zoning & alternative use
O-1 · Parsippany, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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