- For Lease $24.50/SF/YR
- Property Type Office - General Office
- Property Size 29,000 SF
- Lot Size 2.35 Acre
- Parking Spaces Avail. 116
- Parking Ratio 4.00 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1990
- Date Updated May 13, 2026
Description
Preakness Valley Office Park at 502 Valley Road is a 29,000-square-foot office building set on a 2.35-acre lot with ample parking, offering 116 spaces and a parking ratio of 4 per 1,000 square feet. Built in 1990, this Class B property caters to general office needs and provides a convenient location for tenants seeking functionality and accessibility. The building is surrounded by well-maintained grounds and offers professional appeal for businesses of various sizes.
The property is situated in Wayne, an area known for its convenience and accessibility. Dining options within walking distance include Time Out Cafe, Market Burger, Dunkin’, and Neil’s Pizzeria & Restaurant. Nearby education facilities such as William Paterson University and James Fallon Elementary School add to the area's appeal, while recreational facilities like the local YMCA Child Care and Camp Calvary provide useful resources for families. Exxon and Shell fuel stations are nearby, and hotels such as the Hilton Garden Inn Wayne and Residence Inn Wayne are located within approximately 2.5 miles.
True
2 Spaces Available
#106
General Office
$24.50/SF/YR
1,820 SF
1,820 - 1,820 SF
Immediate
Gross + Electric
Yes
No
#201
General Office
$24.50/SF/YR
4,821 SF
4,821 - 4,821 SF
Immediate
Gross + Electric
Yes
No
Contacts
Resource Realty
Resource Realty
