Located in the heart of a bustling commercial district lies this prime parcel of vacant land, offering an unparalleled opportunity for residential development. Spanning 30,622+/- square feet, this expansive lot boasts full approval for the construction of 20 residential units (16 market & 4 affordable), making it an ideal canvas for developers seeking to capitalize on the demand for urban living.
Unlock the potential of prime commercial real estate strategically situated in the highly coveted area of Parsippany, NJ. This lot, conveniently located on Rt 46, is not just land; it's a canvas awaiting the brushstrokes of your visionary enterprise. Whether you're dreaming of a dynamic quick food service outlet or envisioning a bank that caters to the community. Take the first step towards turning your commercial dreams into reality.
Parsippany is located in New Jersey. Parsippany, New Jersey has a population of 21,931. Parsippany is less family-centric than the surrounding county with 36.56% of the households containing married families with children. The county average for households married with children is 37.96%.
The median household income in Parsippany, New Jersey is $96,096. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Parsippany is 40 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 50.4 inches per year, with 29.2 inches of snow per year.