35 Grn Pond Rd, Rockaway, NJ 07866-2052
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.
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Dermatology Institute & Laser Center Physician Medical Clinic
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Xin Guan Physician
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Jose Espinal-Mariotte Physician
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LapTopRepairNJ.com Computer & Electronic Repair
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Clearview Construction LLC Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-P · Rockaway, NJRockaway. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.