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4 N Jefferson Rd
Whippany, NJ 07981
Retail Property For Sale
Investment Highlights
- Former ±2,322 SF freestanding building on a ±1.59-acre lot located on a high-exposure corner at Route 10 and N Jefferson Road.
- Surrounded by premier retailers and major corporations including Wegmans, BJ’s, Bayer, Novartis, and MetLife.
- Zoned B-10 District allowing diverse uses such as education, healthcare, hospitality, and professional offices.
- Over 200 feet of combined frontage and a dedicated pylon sign to maximize visibility and branding.
- Excellent highway accessibility to I-287, I-80, I-280, Route 10, and Route 2.
- Offered at $1,075,000 with a deed restriction of two years for financial institution operations.
Executive Summary
This offering features a former bank property located at 4 N Jefferson Road in Whippany, New Jersey. The freestanding building comprises approximately 2,322 square feet on a 1.59-acre parcel, providing a rare ownership opportunity in a high-visibility corridor. With its strategic position at the signalized intersection of Route 10 and N Jefferson Road, the site benefits from combined traffic counts exceeding 37,000 vehicles per day.
The property includes a freestanding pylon sign and offers over 200 feet of frontage along both roads, enhancing brand visibility. Zoning within the B-10 District accommodates a wide range of uses, including educational services, healthcare, hotels, select restaurants, professional offices, and veterinary clinics (with some limitations). Nearby national and regional retailers include Wegmans, BJ’s, and Costco, complemented by corporate neighbors such as Bayer, Novartis, MetLife, and GAF.
Conveniently accessible to major highways including I-287, I-80, I-280, and Route 24, this location offers exceptional connectivity. The property will carry a two-year deed restriction prohibiting any financial institution use. Priced at $1,075,000 with 2025 taxes at approximately $20,985, the asset is well-positioned for buyers seeking redevelopment or owner-occupancy in a vibrant commercial hub.
The property includes a freestanding pylon sign and offers over 200 feet of frontage along both roads, enhancing brand visibility. Zoning within the B-10 District accommodates a wide range of uses, including educational services, healthcare, hotels, select restaurants, professional offices, and veterinary clinics (with some limitations). Nearby national and regional retailers include Wegmans, BJ’s, and Costco, complemented by corporate neighbors such as Bayer, Novartis, MetLife, and GAF.
Conveniently accessible to major highways including I-287, I-80, I-280, and Route 24, this location offers exceptional connectivity. The property will carry a two-year deed restriction prohibiting any financial institution use. Priced at $1,075,000 with 2025 taxes at approximately $20,985, the asset is well-positioned for buyers seeking redevelopment or owner-occupancy in a vibrant commercial hub.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,535 SF
Building Class
C
Year Built
1971
Price
$1,473,191 CAD
Price Per SF
$581.14 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.59 AC
Zoning
B
Amenities
- Drive Thru
- Smoke Detector
Property Taxes
| Parcel Number | 12-09001-0000-00001-02 | Improvements Assessment | $324,513 CAD |
| Land Assessment | $1,039,730 CAD | Total Assessment | $1,364,243 CAD |
Property Taxes
Parcel Number
12-09001-0000-00001-02
Land Assessment
$1,039,730 CAD
Improvements Assessment
$324,513 CAD
Total Assessment
$1,364,243 CAD
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