35 Grn Pond Rd Rockaway, NJ 07866-2052
Property summary
This exceptional 12,600 square foot office building, situated on a one-acre lot at 35 Green Pond Road in Rockaway, NJ, presents a unique investment opportunity. Ideally located near Route 80 and just 15 minutes from Morristown Medical Center, this property boasts excellent accessibility and visibility. Currently configured as two medical office suites, the building is "turn-key" and ready for immediate occupancy. Each suite features a thoughtfully designed layout including a welcoming foyer, a dedicated administration room, and nine private offices. Abundant parking is available for staff and clients. Furthermore, additional storage space is provided in a finished basement area. One of the suites is already subdivided and benefits from a convenient direct exterior entrance. A key feature of one suite is a lead-lined office, catering to specific medical needs. The owner is open to considering the subdivision of the remaining space, offering flexibility for potential buyers or tenants. This property represents a rare combination of prime location, functional design, and significant potential for future development. The asking price for this exceptional commercial property is $5,500.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Physician
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Physician
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Computer & Electronic Repair
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Construction Company General Contractor
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-P · Rockaway, NJZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R-P in Rockaway, NJ.
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