Strip Mall

Parsippany, NJ Strip Malls for Sale

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Two-Story Retail Office Building
Updated: Feb 18
Two-Story Retail Office Building

1571 Route 46, Parsippany, NJ 07054

$450,000
1.81 AC lot
15,600+/- SF, 2‑story, 7‑unit commercial retail building built in 2019
Situated on 1.81+/- acres with public water service
B‑2 Highway Development District—flexible for retail, service, and office uses
Route 46 frontage in Parsippany Township, Morris County, NJ
High‑traffic corridor with 25,160+/- vehicles per day average daily traffic
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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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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Parsippany, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Retail Unit in Strip Mall
Retail Unit in Strip Mall

1300 BURNET AVE Unit 4, Union, NJ 07083

Contact for pricing
650 sqft

Updated 650 sf retail unit with new flooring and fresh paint in a strip mall setting with parking.

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Newly Updated Retail Storefront Suite
Newly Updated Retail Storefront Suite

1300 Burnet Avenue, Union, NJ 07083

Contact for pricing
0.27 AC lot

Retail storefront suite in a strip mall with open layout, brand-new flooring, and fresh paint for an easy start.

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Retail Strip Mall For Sale
Retail Strip Mall For Sale

4811 Stelton Road, South Plainfield, NJ 07080

$4,500,000
35,018 sqft

Six-store retail strip mall with triple net leases.

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Leased Six-Unit Retail Strip Mall
Leased Six-Unit Retail Strip Mall

4811 Stelton Road, South Plainfield, NJ 07080

$4,500,000
35,018 sqft

Six leased retail units in a strip mall configuration, all under triple-net leases with 1 to 5 years remaining.

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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.

Corner Lot in Middletown, NY
Corner Lot in Middletown, NY

Airport Road, Middletown, NY 10940

$450,000
2.90 AC lot

Corner lot suitable for any non-residential use.

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Prime Commercial Lot For Sale
Prime Commercial Lot For Sale

275 WHITE HORSE Pike, Atco, NJ 08004

$395,000
8,600 sqft 1.33 AC lot

1.3-acre commercial lot with approvals for 8,600 sq. ft. building.

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Commercial Land in Mastic, NY
Commercial Land in Mastic, NY

1287 Montauk Highway, Mastic, NY 11950

$749,500
0.31 AC lot

Commercial land near shopping center and residential neighborhoods.

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Commercial Land in High-Traffic Area
Commercial Land in High-Traffic Area

2540 CAPE HORN Road, Red Lion, PA 17356

$850,000
1.96 AC lot

1.96 acre commercial land parcel in booming Red Lion, PA.

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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.

300-320 New Rd
Strip malls

300-320 New Rd, Parsippany-Troy Hills, NJ 07054

Value Estimation by Request
5,000 sqft
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1561 Us-46
Strip malls

1561 Us-46, Parsippany-Troy Hills, NJ 07054

Value Estimation by Request
22,440 sqft
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Parsippany, NJ Strip Malls Market Trends and Statistics

Explore 4 strip malls for sale in Parsippany, NJ on our real estate platform. These investment opportunities span a total of 15,624 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for retail strips in Parsippany, NJ average $450,000 — 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 $2.8M

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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