431 State Route 10Randolph, NJ 07869

  • Other commercial real estate
  • 0.70 AC
For Sale
$1,100,000 View listing

Property Details for 431 State Route 10

Year built
1991
Lot size
0.70 AC
Zone code
B-2
Property type
Other commercial real estate
APN
32 00112-0000-00010
APU
3200112000000010

Description

This exceptional office building, located at 431 State Route 10 Unit 0 in Randolph, New Jersey, presents a compelling investment opportunity. The property boasts a substantial 5,760 square feet of well-maintained office space, ideal for a variety of businesses. Situated on a sizable 0.7-acre lot, the building offers ample parking and potential for expansion or future development. The asking price is $1,100,000. The property's strategic location on State Route 10 ensures high visibility and easy access for clients and employees. This is a rare opportunity to acquire a well-established office building in a thriving New Jersey community. The building's size and layout provide flexibility for customization to suit specific business needs. Its prime location offers excellent accessibility to major transportation routes, making it an attractive option for businesses seeking a convenient and prominent location. The substantial lot size provides ample space for outdoor activities or future expansion projects. This property is ready for immediate occupancy and presents a strong return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. Detailed property information and floor plans are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,372,342
    Hospitality
    $5,837,032
    Educational
    $4,856,342
    Medical
    $5,023,358
    Retail
    $7,554,310
431 State Route 10, Randolph, New Jersey

Location Insight

City
Randolph
County
Morris
State
New Jersey
Latitude
40.8632
Longitude
-74.5613
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$25,586
$332,500
$624,700
$957,200
-
$332,500
$624,700
$957,200

FAQs

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