Storefront

Parsippany, NJ Storefront Properties for Sale

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Mountain Lakes, NJ Whippany, NJ Morris Plains, NJ Cedar Knolls, NJ Denville, NJ Lake Hiawatha, NJ Boonton, NJ Boonton Township, NJ
Multi-Unit Retail Office Building
Updated: Jul 26
Multi-Unit Retail Office Building

1571 Route 46, Parsippany, NJ 07054

$450,000
15,624 sqft 1.81 AC lot
15,600+/- SF, 2‑story 7‑unit commercial building on 1.81+/- acres in Parsippany Township, Morris County, NJ
B‑2 Highway Development District allows flexible retail, service, or office use
Route 46 frontage in the Northern New Jersey submarket with access to major regional corridors
High‑traffic corridor with average daily traffic volume of 25,160+/- vehicles per day
Year built: 2019
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Retail Storefront with Ample Parking
Updated: Sep 28, 2024
Retail Storefront with Ample Parking

1106 ROUTE 46 Unit 1-4, Parsippany, NJ 07054

$3,100,000
4,000 sqft
Standalone retail storefront with separate entrance and separate exit
Freestanding property with ample front and rear parking
Big sign exposure on US 46 with legal U‑turn access going east at a stop light
Located in the Central Business District with highway access and level topography
B‑2 zoning; 0.452 AC lot
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Parsippany, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Downtown Retail and Apartments
Mixed-Use Downtown Retail and Apartments

522 Bloomfield Ave, Verona, NJ 07044

$1,500,000
5,360 sqft

Downtown mixed-use building with multiple retail spaces and apartments, positioned across from Verona Park.

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Retail Property with Basement
Retail Property with Basement

509 Pompton Ave, Cedar Grove, NJ 07009

$1,180,000
5,158 sqft 0.16 AC lot

Retail property featuring a basement and parking.

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Retail Storefront with Bloomfield Avenue Frontage
Retail Storefront with Bloomfield Avenue Frontage

725 Bloomfield Avenue, Verona, NJ 07044

Contact for pricing
21,780 sqft

For-sale retail storefront with direct Bloomfield Avenue frontage on a major Verona commercial corridor.

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Retail Property With Basement and Parking
Retail Property With Basement and Parking

509 Pompton Ave, Cedar Grove, NJ 07009

$1,180,000
0.16 AC lot

Retail property featuring a basement and parking spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land Site For Sale
Vacant Land Site For Sale

1824 Springfield Ave, Maplewood, NJ 07040

Contact for pricing

Vacant land available on Springfield Ave, Maplewood, NJ.

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Mixed-Use Development Lot
Mixed-Use Development Lot

510 SO Orange Ave, Newark, NJ 07103

$295,000
0.06 AC lot

Plans in the permit process envision a five-unit mixed-use building on a compact urban parcel with public sewer.

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Piscataway Land Development Opportunity
Piscataway Land Development Opportunity

115 Stelton Road, Piscataway, NJ 08854

$279,000
0.12 AC lot

Prime 0.1171-acre lot in high-traffic area, ideal for development.

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Vernon Twp. Land For Sale
Vernon Twp. Land For Sale

Main, Vernon, NJ 07462

$624,900
4.06 AC lot

4.06 acre commercial land available in Vernon Twp., New Jersey.

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Off-Market Properties in Parsippany, NJ

Consider similar Off-Market properties in Parsippany, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

745 Route 46
Individual retail properties

745 Route 46, Parsippany-Troy Hills, NJ 07054

Value Estimation by Request
32,258 sqft
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Parsippany, NJ Storefront Properties Market Trends and Statistics

Explore 3 storefront properties for sale in Parsippany, NJ on our real estate platform. These investment opportunities span a total of 19,624 square feet of properties for sale, with an estimated market value of $3,550,000.

Sale prices for retail units in Parsippany, NJ start at $450,000, averaging $1,775,000, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 6
Storefront properties 3
Banks 1

Demographics Overview

Population 30K
Population Growth (5Y) +2.1%
Median Household Income $107,955
College Educated 85.1%

High-Yield Neighborhoods for Investment

Identify Parsippany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07054 $1.3M

Taxes & Financing

Tax Rate (average for all types) 3.38%
Property Tax per SF $29.66 per SF
Tax Rate vs County Average 0.86 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

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