55 Madison Ave 400 Morristown, NJ 07960
This Class A, 21,584 square foot office building in Morristown, NJ, offers a variety of workspace solutions. Located at 55 Madison Avenue, Suite 400, this property boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The building underwent renovations in 2019 and features elevators for convenient access. The property offers executive office suites, coworking spaces, and creative office options, catering to diverse business needs. Its convenient location provides easy access to major transportation routes, including fast train and road links to Newark International Airport and New York City. Enjoy a park-like setting with nearby amenities such as restaurants, shops, and entertainment in Morristown's town center, as well as biking and walking trails in surrounding parks. This exceptional property in Morris County, NJ (zip code 07960) includes a business lounge and video conferencing facilities, providing a complete and modern workspace experience. The building is ideal for businesses seeking a blend of professional ambiance and convenient access to urban and natural environments. This is a multiple tenancy building.
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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
OB · Morristown, NJCosts & 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.