Morristown Township, NJ Commercial Real Estate for Lease and Sale

Explore 13 listings of Morristown commercial real estate to find the best space for your business.

SouthGate Corporate Center - 445 South Street

445 South Street, Morristown, NJ
Property

Office

332,776 SF
Availability

2 Spaces

34,047 SF
Year Built

1984
For Lease Contact for pricing
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Kemble Plaza I

340 Mt. Kemble Avenue, Morristown, NJ
Property

Office

413,000 SF
Availability

1 Space

22,760 SF
Year Built

1986
For Lease Contact for pricing
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APX

412 Mt. Kemble Avenue, Morristown, NJ
Property

Office

484,449 SF
Availability

6 Spaces

205,118 SF
Year Built

1986
For Lease Contact for pricing
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Columbia Center

60 Columbia Turnpike, Morristown, NJ
Property

Office

151,000 SF
Availability

1 Space

15,151 SF
Year Built

1986
For Lease Contact for pricing
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Reckson Office Center

44 Whippany Road, Morristown, NJ
Property

Office

231,985 SF
Availability

3 Spaces

93,681 SF
Year Built

1985
For Lease Contact for pricing
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310 Madison Professional Center

310 Madison Avenue, Morristown, NJ
Property

Office

58,290 SF
Availability

1 Space

5,739 SF
Year Built

1986
For Lease Contact for pricing
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The Medical Center at James Street

261 James Street, Morristown, NJ
Property

Office

44,000 SF
Availability

1 Space

1,571 SF
Year Built

1989
For Lease Contact for pricing
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1 Cory Road

1 Cory Road, Morristown, NJ
Property

Industrial

296,000 SF
Availability

2 Spaces

127,000 SF
Year Built

1965
For Lease Contact for pricing
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334 Madison Avenue

334 Madison Avenue, Morristown, NJ
Property

Office

75,550 SF
Availability

1 Space

25,000 SF
Year Built

1975
For Lease Contact for pricing
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300 Madison Avenue

300 Madison Avenue, Morristown, NJ
Property

Office

176,205 SF
Availability

2 Spaces

3,321 SF
Year Built

1986
For Lease Contact for pricing
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290 Madison Ave

290 Madison Ave, Morristown, NJ
Property

Office

5,103 SF
Availability

1 Space

1,500 SF
Year Built

1986
For Lease Contact for pricing
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44 Whippany Road

44 Whippany Road, Morristown, NJ
Property

Office

224,909 SF
Availability

1 Space

2,644 SF
For Lease

$29.00/SF/YR
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261 James Street

261 James Street, Morristown, NJ
Property

Office

1,571 SF
Year Built

1989
For Sale

$375,000
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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 2,198,838 square feet of office space across 12 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 296,000 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 417,046 square feet of available listings. Industrial space available in Morristown adds up to 127,000 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.

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 183,237 square feet.
Industrial space in Morristown is in buildings that are, on average 296,000 square feet in size.

Morristown Township, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Morristown currently add up to 544,046 square feet. The market offers 11 active office listing(s), which amount to 417,046 square feet and account for 91% of commercial spaces on the market. Industrial space for rent opportunities in Morristown amount to 127,000 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	11	417,046
Industrial	1	127,000

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 Township, NJ. Currently, there is 1,571 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	1,571

Morristown Township, NJ Commercial Real Estate for Lease and Sale

SouthGate Corporate Center - 445 South Street

Kemble Plaza I

APX

Columbia Center

Reckson Office Center

310 Madison Professional Center

The Medical Center at James Street

1 Cory Road

334 Madison Avenue

300 Madison Avenue

290 Madison Ave

44 Whippany Road

261 James Street

Frequently Asked Questions

Morristown Township, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Morristown Township, 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 Township, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us