9334
b9f3514c-d1bc-4b69-bc22-4ac8023d6246
ADP Florham Park
Off-Market
71 Hanover Road, Florham Park, NJ 07932
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 236,051 SF
- Lot Size 62.76 Acre
- Parking Spaces Avail. 637
- Parking Ratio 2.70/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1978
False
Location
- City Florham Park, NJ
- Neighborhood Florham Park
- Zip Code 07932
- Market New Jersey
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Florham Park
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Florham Park Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $29.56
- 2020 Office Vacancy Rate 11.26%
- 2020 Office Completions (SF)
Florham Park Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $156.86
- Y-o-Y Avg. PpSF Change -0.92%
- 2020 Office Sales Volume $372.2M
- 2020 Number of Transactions 3
Tax
- Property Tax in 2021 $406,415
- Market Value* $25,935,900
- Assessed Value $25,935,900
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of ADP Florham Park?
ADP Florham Park totals 236,051 square feet.
When was this property built?
ADP Florham Park was built in 1978.
When was ADP Florham Park last sold?
ADP Florham Park was last sold on 16 Apr, 2004.
What is the property tax for ADP Florham Park?
The property tax for ADP Florham Park in 2021 was $406,415.
What is the market value for ADP Florham Park?
The market value* for ADP Florham Park in 2021 was $25,935,900.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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