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Tabor Park @ Fifty Three - Building 2

Off-Market

201 Tabor Street, Morris Plains, NJ 07950

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  • Property Type Industrial - R&D - Industrial
  • Property Size 137,840 SF
  • Lot Size 66.6 Acre
  • Parking Spaces Avail. 326
  • Parking Ratio 2.37/ 1,000 SF

Location

  • City Morris Plains, NJ
  • Neighborhood Morris Plains
  • Zip Code 07950
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Morris Plains

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Morris Plains Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.69
  • 2020 Office Vacancy Rate 43.11%
  • 2020 Office Completions (SF)
View more Morris Plains market trends

Tax

  • Property Tax in 2022 $3,061,250
  • Market Value* $125,000,000
  • Assessed Value $125,000,000

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 Tabor Park @ Fifty Three - Building 2?

Tabor Park @ Fifty Three - Building 2 totals 137,840 square feet.

What is the property tax for Tabor Park @ Fifty Three - Building 2?

The property tax for Tabor Park @ Fifty Three - Building 2 in 2022 was $3,061,250.

What is the market value for Tabor Park @ Fifty Three - Building 2?

The market value* for Tabor Park @ Fifty Three - Building 2 in 2022 was $125,000,000.
*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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