540 Speedwell Ave Morris Plains, NJ ^$ 750,000

540 Speedwell Ave

^$ 750,000

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540 Speedwell Ave

Morris Plains, NJ, 07950

^$ 750,000

Bedrooms-- Baths--

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Property for Rent in Morris Plains, NJ

for $750,000 with 2 half baths. This property was built in 1925 on a lot size of 0.17.

Multi-lease professional commercial building in the heart of Morris Plains located steps from NJ Train Station, stores, restaurants, and all major highways. Building is meticulously maintained. Parking lot behind building, reception area, conference room, storage. There are current leases in place. Ready for new investor...

Rental Active

Price

^$ 750,000

Half Bath

Taxes

^$ 12,444

Style

OffcFStd

Lot Size

0.17

Year Built

1925

Town/City

Morris Plains

County/Region

Morris

MLS | Web ID

3961139

Features

General

Sewer Public Sewer

Construction Wood

Heating 2 Units Forced Hot Air

Cooling 2 Units Central Air

Utilities Electric Gas-Natural

Possession by agreement

Roof Asphalt Shingle Flat

Zoning Business 4

Year Built 1925

Tenant Pays Electric Gas Heat

Township Morris Plains Boro

Property Type Free Standing Office OffcFStd

Tax Year 2024

Ownership Fee Simple

Location Business District

Gross Income 58379

County Morris

Net Operating Income 15115

Operating Expense 43264

Subdivision Name downtown

Status Active

Directions Route 10 to Littleton to Speedwell Avenue

Number Of Units Total 2

Tax Annual Amount 12444

Drive 1 Car Width Additional Parking Blacktop Off-Street Parking

Leasable Area 3485

Lease Type Mixed

Standard Status Active

Tax Assessed Value 501400

Town # 2323

Tax Lot 27

Farm Assessment No

Interior

Basement Finished Full

Flooring Carpeting Wood

Fuel Type Gas-Natural

Total Stories 2

Half Baths 2

Exterior

Lot Features Level Lot Open Lot

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 3485

Lot Dimensions .173 AC

Lot Size Acres 0.17

* Excluded Features

List By

LOU ANN FELLERS

Listing Agent

Kl Sotheby's Int'l. Realty

Broker

louannfellers@gmail.com

Nearby

Trends
Schools

About Morris Plains, NJ

5,595 Population

7% Since 2002

^$121,362 Median Income

44.16 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2025	$750,000		Listed Price

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540 Speedwell Ave, Morris Plains, NJ, 07950 is a Property for Rent at $750,000 with a lot size of 0.17. 540 Speedwell Ave was built in 1925. The property's zip code is 07950 which is in Morris Plains, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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540 Speedwell Ave

Property for Rent in Morris Plains, NJ

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