Parsippany Office for Auction

Date on Market:

2025-10-28

East Hanover Industrial for Sale - Suburban Essex/Rt 280

31 Farinella Drive, developed by New Vernon Equities, presents a prime opportunity to acquire a brand-new, state-of-the-art industrial facility in East Hanover, New Jersey. Spanning a 40,035-square-foot warehouse with 8,250 square feet of dedicated office space, it combines operational efficiency with modern design. Sitting on a 3.1-acre lot with flexible Industrial-3 zoning, expanding the potential uses, from warehouse and light industrial to research and development, data centers, education facilities, and self-storage. With 28-foot clear ceiling heights, five truck-level doors, each equipped with 40,000-pound mechanical dock levelers, 1,600-amp, 480-volt, 3-phase power, ESFR fire suppression, emergency lighting, and nearly 100 parking spaces, the facility is built to support various business operations. 31 Farinella Drive is ideal for investors and owner/users offering value-add, functionality, and long-term adaptability. Located in East Hanover's industrial area, 31 Farinella Drive offers excellent connectivity. It sits just off the Route 10 corridor, providing seamless access to major highways including Interstates 80, 280, and 287, ensuring efficient logistics and regional distribution. Downtown Newark can be reached in just 30 minutes, while Morristown Airport is a short 10-minute drive, offering valuable regional and corporate travel options. Surrounding amenities include national retailers such as Target, Costco, and The Home Depot, as well as an AMC movie theater nearby, offering dining, shopping, and services. Neighboring biopharma and advanced manufacturing facilities underscore the strength and diversity of the area’s commercial landscape. East Hanover stands as a dynamic suburban market known for its strong demographics, skilled labor force, and access to the broader New Jersey-New York metropolitan area. With its advanced infrastructure, strategic location, and access to consumers, 31 Farinella Drive represents a highly attractive industrial asset for owner/users and investors.

Property Subtype:

Warehouse

Date on Market:

2025-10-07

Newton Office for Sale - Sussex County

This fully upgraded tech-enabled building is ready for residential conversion, investment use, or continued operation as a data center. Unlock the upside in this fully improved 6,300+ sq ft building located in the heart of Newton's vibrant business district. Over $1 million in capital improvements already completed this property presents a unique opportunity to convert the upper floors to residential while maintaining a commercial presence on the main level. The top floor includes a full kitchen, spacious full bath, and large flex room easily adaptable into a 1-bedroom apartment or manager's unit. The second floor offers an open footprint, two bathrooms, utility/storage areas plus a separate back entrance w potential for 2-3 residential units. First floor features a reception area, secure entry vestibule, 2 door man trap, half bath and a side loading door. Endless possibilities for medical/professional office, retail, or restaurant. Currently outfitted and operating as a state-of-the-art data center, with secure infrastructure, cooling systems, server space, and fiber/data connectivity already in place. The basement adds storage, utility access, and a secondary server room. Major upgrades include HVAC, electrical, fiber/data infrastructure, fire suppression, and security system. Close proximity to Starbucks, Chipotle, Five Guys, Walmart, and Newton's downtown make this a highly attractive investment or owner-user opportunity in one of Sussex County's fastest-growing towns.

Date on Market:

2024-11-19

Flanders Office for Sale - Western Morris

CBRE has been retained as the exclusive advisor for the fee interest sale of all lands located at 62 Flanders-Bartley Road in Flanders, New Jersey (the “Property” or the “Site”). The offering consists of approximately 308,783 gross square feet of improvements with three interconnected buildings which include offices, labs, data centers, a cafeteria/kitchen, two warehouses, a 3D printing and cutting shop, and research and development areas. The property is solely occupied by ownership and will be vacated by year end 2025. The offering represents an opportunity for a user, investor, or developer to purchase the to-be-vacated campus offering many recent upgrades, to be redeveloped or further modified and utilized as configured today. The area provides access to a highly skilled labor pool, with a site offering flexibility of existing zoning and over 308,000 SF of existing office, manufacturing, and warehouse space. Ample utility services are on site to expand the existing uses or nearby to redevelop or reposition as a state-of-the-art lab, research, corporate office, manufacturing/warehousing, data center, or a mix of uses including residential development. Any change in use from office, manufacturing, and warehouse will require municipal and other governmental approvals which are not guaranteed. Details of the Request for Offers are outlined within the RFO section of the offering memorandum and property website and are intended to allow the prospective purchaser flexibility in structuring and presenting their offer, while ensuring ownership has a purchaser that will be a welcomed addition to the community and provides certainty of closing in either a “Contingent Upon Approvals” sale or on an “As Is” and “Where Is” quick close basis. Please note - access to the site is strictly BY APPOINTMENT ONLY. Call for offers date 9/25/2025.

Date on Market:

2025-09-08