ADDRESS
62 E Park Place
Morristown, NJ 07960
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$4,000,000
24 Days On Site
258 King George RdWarren Twp., NJ 07059
For Sale|Office|Active
0
Beds
0
Total Baths
14,500
SqFt
$276
/SqFt
1996
Built
County:
Somerset
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973-349-0459
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UNBELIEVABLE: 100% OCCUPIED TROPHY ASSET! WELL-MAINTAINED 14,500 SF BUILDING IN BEAUTIFUL WARREN TOWNSHIP (SOMERSET COUNTY). 1ST FLOOR (MAIN BUILDING) OCCUPIED BY DANCE SCHOOL, 2ND FLOOR (MAIN BUILDING) OCCUPIED BY MONTESSORI SCHOOL. ANNEX OCCUPIED BY MUSIC SCHOOL. ALL TENANTS ARE WELL ESTABLISHED AND HAVE MULTI-YEAR LEASES W/ RENEWALS. MANY RECENT UPDATES! MINUTES FROM EXIT 36 ON I-78 EXCELLENT INVESTMENT OPPORTUNITY: NOI : $255,763 6.39 CAP RATE
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Listing Snapshot
Price
$4,000,000
Days On Site
24 Days
Bedrooms
N/A
Inside Area (SqFt)
14,500 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.7 Acres
Year Built
1996
MLS® Number
3992298
Status
Active
Property Tax
$63,962
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
General Features
Acres
2.7
Garage
Yes
Garage Spaces
57
Number Of Stories
2
Property Sub Type
Office
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
14500
Utilities
Cable AvailableNatural Gas Available
Water Source
Public
Zoning
BR40
Interior Features
Cooling
Central Air
Flooring
CarpetTileVinyl
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
BrickFrameMetal Siding
Lot Features
Level
Roof
Asphalt
Listing courtesy of BHHS FOX & ROACH
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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