The Arbors at Parsippany - 7 Sylvan Way

Off Market

7 Sylvan Way, Parsippany, NJ 07054

  • Office
  • General Office
  • 145,983 Sqft

The Arbors at Parsippany - 7 Sylvan Way, Parsippany, NJ 07054 - Office Space

The Arbors at Parsippany - 7 Sylvan Way is located at 7 Sylvan Way in the Parsippany-Troy Hills neighborhood, NJ, Parsippany, 07054. The Class B Office building was completed in 1986 and features a total of 145,983 Sqft.

There are 272 office spaces for lease in the Parsippany-Troy Hills neighborhood, totaling 3,398,455 Sqft of available office space. The office space availability for the 07054 zip code is 2,379,850 Sqft, in 223 office spaces. The average asking office rent per sq. ft. in Parsippany-Troy Hills is $22.46/sqft/year. For Class A office buildings the average office rate is $26.88/sqft/year, for Class B office buildings the average office rate is $21.25/sqft/year, for Class C office buildings the average office rate is $17.9/sqft/year.

In Parsippany-Troy Hills, there are 62 class B office buildings. In Parsippany-Troy Hills, there are a total of 11 LEED certified office buildings. In 1986, the same year The Arbors at Parsippany - 7 Sylvan Way was built, 870 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Parsippany, featuring 1,695,833 square feet of commercial space. At zip code level, there are 109 commercial properties, of which 79 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Parsippany
  • Neighborhood Parsippany-Troy Hills
  • Zip Code 07054
  • Market New Jersey
  • Property Type Office - General Office
  • Property Size 145,983 Sqft
  • Lot Size 24.98 Acre
  • Parking Spaces Avail. 573
  • Parking Ratio 3.93/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986
  • Date Updated 01 Sep, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of The Arbors at Parsippany - 7 Sylvan Way?

The Arbors at Parsippany - 7 Sylvan Way totals 145,983 square feet.

When was this property built?

The Arbors at Parsippany - 7 Sylvan Way was built in 1986.

Parsippany-Troy Hills Demographics

The average household income in zip code 07054 is $123,960, from a total of 11,164 households. In terms of employment, there are 89.27 % white-collar and 10.73 % blue-collar jobs in zip code 07054.

Population

  • Total Population52,027
  • Male Population(48.3 %) 25,123
  • Female Population(51.7 %) 26,903
  • Median Age43.30

Income/Financial

  • Average Household Income$123,320
  • Median Household Income$100,185
  • Median Income Under 25$65,782
  • Median Income 25-44$110,426
  • Median Income 45-64$135,806
  • Median Income Over 65$62,112