760 State Route 10Whippany, NJ 07981

  • Other commercial real estate
  • 19,990 SF
For Sale

Property Details for 760 State Route 10

Year built
1985
Lot size
1.50 AC
Property size (Sq ft)
19,990 SF
Zone code
R-25
Property type
Other commercial real estate
APN
12 08901-0000-00016
APU
1208901000000016

Description

This exceptional commercial property, located at 760 State Route 10 in Whippany, New Jersey, presents a compelling investment opportunity. The building is classified as an office property and is offered at an asking price of $21 million. While the precise square footage is not currently available, the property's strategic location on State Route 10 offers significant visibility and accessibility. The property sits on a lot with no acreage specified. This presents a unique chance to acquire a well-situated office building in a thriving New Jersey market. The absence of specified square footage necessitates an on-site inspection to determine the exact dimensions and layout of the interior space. Potential buyers are encouraged to conduct thorough due diligence to assess the property's suitability for their specific needs and investment goals. Given the attractive price point and desirable location, this property is expected to generate significant interest. Further details regarding the building's features, amenities, and potential for development are available upon request. Interested parties should contact the listing agent to schedule a viewing and obtain additional information. This is a rare opportunity to acquire a valuable commercial asset in a highly sought-after area. The property's location offers easy access to major transportation routes, making it an ideal choice for businesses seeking convenient access to a wide range of amenities and services.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,172,237
    Hospitality
    $3,821,746
    Educational
    $3,179,648
    Medical
    $3,289,001
    Retail
    $4,946,120
760 State Route 10, Whippany, New Jersey

Location Insight

City
Whippany
County
Morris
State
New Jersey
Latitude
40.8266
Longitude
-74.4218
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
$48,336
$423,000
$1,977,000
$2,400,000
-
$423,000
$1,977,000
$2,400,000

FAQs

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