Industrial Property for Sale in Parsippany, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Parsippany, NJ 07054

Description

Now Available for Lease, Industrial, located at 701-705 Jefferson Rd. Available square footage 38,860 - 134,790 SF.

Market Context

This industrial in Parsippany, NJ is listed for sale. It has been on the market for 46 days. Compare it against other industrial listings for sale in Parsippany, NJ — <a href="/search/sale/industrial/new-jersey/parsippany">view the full market</a>.

As of Q1 2026, the New Jersey industrial market showed a 8.0% vacancy rate, and average asking rents near $20.00/SF/yr. Source: Consensus Q1 2026 market report.

Industrial market FAQ

Is the New Jersey industrial market tightening or softening?
Vacancy is around 8.0% (Q1 2026).

Unified Estimate

Medium Confidence

$14.45/SF – $19.55/SF

Mid: $17.00/SF

Rate estimator only; cost-of-business estimate unavailable.

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