Morris Plains Boro, NJ 07950 540 Speedwell Ave
$750,000
15 more
Presented By: KL SOTHEBY'S INT'L. REALTY; 908-930-9564
- MLS# 3961139
- 05/06/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 2
Home Details
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...
Presented By: KL SOTHEBY'S INT'L. REALTY; 908-930-9564
Interior Features for 540 Speedwell Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath0
Num Units w/Half Bath
Half Baths2
Other Interior Features
Floor Load0
Price Per Sq Ft215.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units0
Num 1 Bdrm Units
BasementFinished, Full
FlooringCarpeting, Wood
Fuel TypeGas-Natural
Total Stories2
General for 540 Speedwell Ave
ConstructionWood
Cooling2 Units, Central Air
CountyMorris
DirectionsRoute 10 to Littleton to Speedwell Avenue
Documents AvailableIncome & Expenses
Drive1 Car Width, Additional Parking, Blacktop, Off-Street Parking
EasementUnknown
Equipment AvailableFire Alarm, Restrooms - Private, Security System, Smoke Detector
Farm AssessmentNo
Gross Income58379
Heating2 Units, Forced Hot Air
Leasable Area3485
Lease IncludesBuilding Maintenance, Common Area Maint, Janitor Services, Sewer, Taxes, Trash Removal, Water
Lease TypeMixed
LocationBusiness District
MaintenanceExpense
Net Operating Income15115
Num Apts
Number Of Units Total2
Number of Amps
Operating Expense43264
OwnerPaysMaintenance-Common Area, No Utilities, Repairs, Sewer, Snow Removal, Trash Removal, Water
OwnershipFee Simple
Permitted UseCommercial
Possessionby agreement
Prior Useprofessional offices
Property TypeFree Standing Office
Property TypeOffcFStd
RoofAsphalt Shingle, Flat
ServicesCable TV Available, Fiber Optic Available, Garbage Included
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Namedowntown
Tax Annual Amount12444
Tax Assessed Value501400
Tax Lot27
Tax Year2024
Tenant PaysElectric, Gas, Heat
Town #2323
TownshipMorris Plains Boro
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built1925
ZoningBusiness 4
Exterior for 540 Speedwell Ave
Building Area Total3485
Exterior DescriptionVinyl Siding
Lot Dimensions.173 AC
Lot FeaturesLevel Lot, Open Lot
Lot Size Acres0.17
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Number of Doors0
Water SourcePublic Water
Additional Details
Price History
