35 Green Pond RdRockaway, NJ 07866

  • Other commercial real estate
  • 20,304 SF
For Sale
$5,500 View listing

Property Details for 35 Green Pond Rd

Construction
FRAME
Lot size
1.00 AC
Property size (Sq ft)
20,304 SF
Zone code
R-P
Property type
Other commercial real estate
APN
35 22104-0000-00009
APU
3522104000000009

Description

This exceptional 12,600 square foot office building, situated on a one-acre lot at 35 Green Pond Road in Rockaway, NJ, presents a unique investment opportunity. Ideally located near Route 80 and just 15 minutes from Morristown Medical Center, this property boasts excellent accessibility and visibility. Currently configured as two medical office suites, the building is "turn-key" and ready for immediate occupancy. Each suite features a thoughtfully designed layout including a welcoming foyer, a dedicated administration room, and nine private offices. Abundant parking is available for staff and clients. Furthermore, additional storage space is provided in a finished basement area. One of the suites is already subdivided and benefits from a convenient direct exterior entrance. A key feature of one suite is a lead-lined office, catering to specific medical needs. The owner is open to considering the subdivision of the remaining space, offering flexibility for potential buyers or tenants. This property represents a rare combination of prime location, functional design, and significant potential for future development. The asking price for this exceptional commercial property is $5,500.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,242,372
    Hospitality
    $3,885,990
    Educational
    $3,233,098
    Medical
    $3,344,289
    Retail
    $5,029,263
35 Green Pond Rd, Rockaway, New Jersey

Location Insight

City
Rockaway
County
Morris
State
New Jersey
Latitude
40.9154
Longitude
-74.5005
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
$41,957
$511,000
$1,144,800
$1,655,800
-
$511,000
$1,144,800
$1,655,800

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