16 Microlab RdLivingston, NJ 07039

Property Details for 16 Microlab Rd

Year built

1968

Lot size

1.52 AC

Zone code

C-I

Property type

Industrial properties

Property subtype

Other industrial properties

APN

10 00100-0000-00014

APU

1000100000000014

Description

This exceptional, single-story, freestanding office building presents a unique investment opportunity in Livingston, New Jersey. Located at 16 Microlab Rd, 07039, this 19,000 square foot property sits on a 1.5-acre lot and boasts 70 parking spaces, supplemented by ample street parking. Originally constructed in 1968 and extensively renovated in 2004, the building is in excellent condition and offers a high-end, modern office environment suitable for a variety of uses, including creative, executive, and traditional office settings. The property is zoned LI and features prominent monument signage, enhancing visibility and brand recognition. The asking price is $3,950,000, translating to $207.89 per square foot. The building is currently available for owner-user occupancy with an anticipated occupancy date of June 1st, 2025. This is a rare opportunity to acquire a well-maintained, highly visible, and conveniently located office building in a desirable Essex County location. The ample parking and expansive lot size provide significant advantages for employees and clients alike. This property is ideal for a business seeking a prestigious and functional workspace.

• Alternative Use

  Use

  Valuation

  Residential

  $12,529,711

  Hospitality

  $11,477,148

  Educational

  $9,548,852

  Medical

  $9,877,252

  Retail

  $14,853,770

Location Insight

City

Livingston

County

Essex

State

New Jersey

Latitude

40.8

Longitude

-74.3489

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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