90 Halsey RdParsippany-Troy Hills, NJ 07054

Property Details for 90 Halsey Rd

Year built

1986

Construction

BRICK

Lot size

6.85 AC

Property size (Sq ft)

99,395 SF

Zone code

SD5A

Property type

Other commercial real estate

APN

29 00737-0000-00009

APU

2900737000000009

Description

This exceptional Class A office building, Halsey Corporate Center, offers 98,149 square feet of prime office space in Parsippany-Troy Hills, New Jersey. Located at 90 E Halsey Rd, 07054, this single, three-story building sits on a 6.85-acre lot and boasts a strong 89% occupancy rate. The property features a modern atrium lobby and a full-service cafeteria, catering to the needs of its diverse tenant base. Recent capital improvements exceeding $4.3 million have enhanced the building's infrastructure, including upgrades to HVAC, lighting, restrooms, energy management systems, and elevators. The building is zoned SED-5 and offers a mix of traditional office spaces and co-working suites, appealing to a wide range of businesses. Its strategic location provides superior highway access, less than a quarter-mile from Interstate 287 and within two miles of Interstates 80 and 280, as well as several major state routes. The surrounding area offers abundant amenities, including Wegman's, Whole Foods, and numerous restaurants and cafes. This multi-tenant, gross lease property presents a compelling investment opportunity with strong leasing momentum and significant upside potential. The building's modern amenities and convenient location make it an attractive option for businesses seeking flexible and well-appointed office space in a thriving market. The property's current net operating income exceeds $1.1 million.

Location Insight

City

Parsippany

County

Morris

State

New Jersey

Latitude

40.8502

Longitude

-74.4211

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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