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    Property profile & analytics

    2740 State Rte 10 Morris Plains, NJ 07950-1258

    • Office Properties & Spaces
    • 8,666 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US59-2100368
    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

    • Office Properties & Spaces

    Property Details for 2740 State Rte 10

    Year built
    1990
    Lot size
    0.20 lot acres
    Property size
    8,666 SF
    Zone code
    O-T
    Property type
    Office Properties & Spaces
    APN
    29 00019-0000-00002- 11
    APU
    290001900000000211

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $395,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $400,000
      Mixed-Use
      $415,000
      Hospitality
      $400,000
      Educational
      $350,000
      Residential Income
      $355,000
      Energy
      $455,000
      Income-Based Land
      $440,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Morris Plains
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4875
    Latitude
    40.8584
    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
    2023
    $13,751
    $300,000
    $103,500
    $403,500
    -
    $300,000
    $103,500
    $403,500

    Comparable in this City

    • Value Estimation
      $335,000
      2,000 SF

      2740 State Rte 10

      CONDOMINIUM OFFICES • 2,000 SF
      2740 State Rte 10, Morris Plains, NJ 07950-1258
      View Details
    • Value Estimation by Request
      63,425 SF

      2200 Nj-10

      Medical offices • 63,425 SF
      2200 Nj-10, Morris Plains, NJ 07950
      View Details
    • Value Estimation
      $495,000
      2,506 SF

      2740 State Rte 10

      CONDOMINIUM OFFICES • 2,506 SF
      2740 State Rte 10, Morris Plains, NJ 07950-1258
      View Details
    • Value Estimation
      $510,000
      2,530 SF

      2740 State Rte 10

      CONDOMINIUM OFFICES • 2,530 SF
      2740 State Rte 10, Morris Plains, NJ 07950-1258
      View Details
    • Value Estimation
      $405,000
      0.06 Acres

      2740 State Rte 10

      CONDOMINIUM OFFICES • 0.06 Acres
      2740 State Rte 10, Morris Plains, NJ 07950-1258
      View Details
    • Value Estimation
      $290,000
      1,742 SF

      2740 State Rte 10

      CONDOMINIUM OFFICES • 1,742 SF
      2740 State Rte 10, Morris Plains, NJ 07950-1258
      View Details

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    Similar Nearby for Lease

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      Office suites in prime Morris Plains location near amenities.
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      Desirable retail or office space near downtown and train.
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    • Contact for pricing
      28,845 SF

      Morris Plains Office Suites Available

      Modern renovated offices, flexible terms.
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      Desirable retail/office space, walking distance to downtown and train.
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    • $3,070 /Mo

      Route 10 First Floor Office

      First floor office space on Route 10 available for rent.
      2740 State Route 10, Morris Plains, NJ 07950
      View Details
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    2740 State Rte 10
    Morris Plains, NJ 07950-1258
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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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