137 Columbia TpkeFlorham Park, NJ 07932

  • Commercial real estate
  • 0.17 AC
For Sale
$750,000 View listing

Property Details for 137 Columbia Tpke

Year built
1928
Construction
FRAME
Lot size
0.17 AC
Zone code
PB-2
Property type
Commercial real estate
APN
11 01903-0000-00004
APU
1101903000000004

Description

This exceptional 3,500 square foot freestanding office building, situated on a 0.17-acre lot in Florham Park, New Jersey, presents a unique owner-user opportunity. Built in 1928, this Class B property boasts charming Victorian-style architecture, including palladium windows, hardwood floors, high ceilings, and etched glass doors. The main level, approximately 1,850 square feet, features a spacious open showroom, several smaller offices, a private bathroom with a shower, and multiple entry points, allowing for flexible space division. The lower level, around 1,650 square feet, offers two entrances and is currently used for office and storage. Nine parking spaces are available on-site. The property is zoned PB-2 (Professional and Business Office Zone – Residential Appearance Required), offering potential for office use (including medical, dental, or veterinary practices) or even residential conversion. Located on Columbia Turnpike, this building benefits from excellent visibility and signage opportunities. Its convenient location offers easy access to various amenities, including Trader Joe's, King's, Starbucks, McDonald's, Dunkin', CVS, and Panera Bread. The asking price is $750,000 ($214.29 per square foot). This is a rare chance to acquire a fully functional, historically significant building in a desirable location. The property's low taxes and maintenance further enhance its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,381,635
    Hospitality
    $1,265,570
    Educational
    $1,052,939
    Medical
    $1,089,152
    Retail
    $1,637,906
137 Columbia Tpke, Florham Park, New Jersey

Location Insight

City
Florham Park
County
Morris
State
New Jersey
Latitude
40.7868
Longitude
-74.3874
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
$7,625
$325,200
$147,800
$473,000
-
$325,200
$147,800
$473,000

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