Morristown, NJ Commercial Real Estate for Lease and Sale

Explore 21 listings of Morristown commercial real estate to find the best space for your business.

Morristown Centre

10 Madison Avenue, Morristown, NJ
Property

Office

86,700 SF
Availability

5 Spaces

34,500 SF
Year Built

1985
For Lease

$28.50 - $32.50/SF/YR
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Headquarters Plaza III (North)

4 Speedwell Avenue, Morristown, NJ
Property

Office

198,000 SF
Availability

5 Spaces

31,211 SF
For Lease Contact for pricing
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Headquarters Plaza (East Tower)

2 Speedwell Avenue, Morristown, NJ
Property

Office

181,500 SF
Availability

3 Spaces

24,815 SF
For Lease Contact for pricing
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Toa-Re Insurance Building

177 Madison Avenue, Morristown, NJ
Property

Office

39,150 SF
Availability

1 Space

2,187 SF
Year Built

1979
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Land
Morristown
HQ
55 Madison Avenue Suite 400, Morristown, NJ
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Headquarters Plaza (West Tower)

1 Speedwell Avenue, Morristown, NJ
Property

Office

182,000 SF
Availability

2 Spaces

14,914 SF
For Lease Contact for pricing
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10 North Park Place

10 North Park Place, Morristown, NJ
Property

Office

95,000 SF
Availability

7 Spaces

28,733 SF
Year Built

1930
For Lease Contact for pricing
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150-152 Speedwell Avenue
The Daily Plan It
150-152 Speedwell Avenue, Morristown, NJ
Services

Meeting Room

Private Office
Amenities

Breakout spaces

Elevator

Kitchen

Office furniture

Parking

Printer

Receptionist/Secretarial services

Utilities included
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1 High Street Court
En Masse Coworking
1 High Street Court, Morristown, NJ
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Business address

Coffee lounge

Complimentary coffee & tea

Ergonomic furniture

Flavor infused water

High-speed wifi

Lounge area

Office furniture

Outdoor areas

Printer
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43 Speedwell Avenue
Symphony Workplaces
43 Speedwell Avenue, Morristown, NJ
Services

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

A/V equipment

Catering

Cleaning services

Complimentary coffee & tea

Concierge

Fitness center

High-speed wifi

IT support

Lounge area
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30 West Park Place
SkyDesk
30 West Park Place, Morristown, NJ
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

A/V equipment

Complimentary coffee & tea

Free water

High-speed internet

Kitchen

Mail services

Office furniture

Parking

Photocopier
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On South

58 South Street, Morristown, NJ
Property

Office

137,812 SF
Availability

1 Space

55,000 SF
For Lease Contact for pricing
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20 South Street

20 South Street, Morristown, NJ
Property

Office

9,600 SF
For Sale Contact for pricing
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Springfield Avenue (NJ State Route 124) & Roselyn Place

Springfield Avenue (NJ State Route 124) & Roselyn Place, Morristown, Union, NJ
Property

VacantLand

0.2 Acre
Availability

1 Space

0.2 Acre
For Lease Contact for pricing
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20 South Street

20 South Street, Morristown, NJ
Property

Office

9,600 SF
Availability

1 Space

2,950 SF
For Lease Contact for pricing
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M Station West

100 Morris Street, Morristown, NJ
Property

Office

119,293 SF
Availability

3 Spaces

119,293 SF
For Lease Contact for pricing
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35 Abbett Avenue

35 Abbett Avenue, Morristown, NJ
Property

Industrial

29,470 SF
Availability

5 Spaces

12,643 SF
For Lease Contact for pricing
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26 Madison Avenue

26 Madison Avenue, Morristown, NJ
Property

Office

10,000 SF
Availability

1 Space

1,400 SF
For Lease Contact for pricing
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100 Southgate Office

100 Southgate Parkway , Morristown, NJ
Property

Office

147,389 SF
Availability Contact for availability

For Lease Contact for pricing
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22 South St

22 South St, Morristown, NJ
Property

Office

17,760 SF
Availability

1 Space

17,760 SF
For Lease

$23.50/SF/YR
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14-24 Washington Street

14-24 Washington Street, Morristown, NJ
Property

Office

45,000 SF
Availability

1 Space

2,400 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Morristown commercial real estate market incorporates 1,131,415 square feet of office space across 13 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Morristown market, there is a total of 29,470 square feet of industrial property.

The listing inventory in Morristown incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Morristown is represented by Office space, which accounts for 333,995 square feet of available listings. Industrial space available in Morristown adds up to 12,643 square feet.

Meanwhile, most of the listings of commercial property for sale in Morristown are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Morristown, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $32.5 per square foot.

Conversely, the highest sale price last year was $62,210,000 that is located at 95 Madison Avenue.

The average size of a commercial property in Morristown depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Morristown, the average size of an office property is 87,032 square feet.
Industrial space in Morristown is in buildings that are, on average 29,470 square feet in size.

Morristown, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Morristown currently add up to 356,518 square feet. The market offers 12 active office listing(s), which amount to 335,163 square feet and account for 85% of commercial spaces on the market. Industrial space for rent opportunities in Morristown amount to 12,643 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	12	335,163
Industrial	1	12,643
Other	1	8,712

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Morristown, NJ. Currently, there is 9,600 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	9,600

Morristown, NJ Commercial Real Estate for Lease and Sale

Morristown Centre

Headquarters Plaza III (North)

Headquarters Plaza (East Tower)

Toa-Re Insurance Building

Morristown

Headquarters Plaza (West Tower)

10 North Park Place

150-152 Speedwell Avenue

1 High Street Court

43 Speedwell Avenue

30 West Park Place

On South

20 South Street

Springfield Avenue (NJ State Route 124) & Roselyn Place

20 South Street

M Station West

35 Abbett Avenue

26 Madison Avenue

100 Southgate Office

22 South St

14-24 Washington Street

Frequently Asked Questions

Morristown, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Morristown, NJ Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Morristown, NJ?

What factors affect the price of commercial real estate in Morristown, NJ?

What are the best areas for commercial real estate in Morristown, NJ?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Morristown, NJ?

Morristown, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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