4 N Jefferson Rd - Bank FOR SALE


Whippany, NJ 07981
$1,075,000 USD
732-743-9938
4 N Jefferson Rd, Whippany, NJ for Sale
$1,075,000 USD
Bank - FOR SALE
1/6
null | Request Cap Rate

Apr '28


4 N Jefferson Rd
Whippany, NJ 07981


HIGHLIGHTS

  • Former ±2,322 SF freestanding building on a ±1.59-acre lot located on a high-exposure corner at Route 10 and N Jefferson Road.
  • Over 200 feet of combined frontage and a dedicated pylon sign to maximize visibility and branding.
  • Surrounded by premier retailers and major corporations including Wegmans, BJ’s, Bayer, Novartis, and MetLife.
  • Excellent highway accessibility to I-287, I-80, I-280, Route 10, and Route 2.
  • Zoned B-10 District allowing diverse uses such as education, healthcare, hospitality, and professional offices.
  • Offered at $1,075,000 with a deed restriction of two years for financial institution operations.

OVERVIEW

This offering features a former bank property located at 4 N Jefferson Road in Whippany, New Jersey. The freestanding building comprises approximately 2,322 square feet on a 1.59-acre parcel, providing a rare ownership opportunity in a high-visibility corridor. With its strategic position at the signalized intersection of Route 10 and N Jefferson Road, the site benefits from combined traffic counts exceeding 37,000 vehicles per day. The property includes a freestanding pylon sign and offers over 200 feet of frontage along both roads, enhancing brand visibility. Zoning within the B-10 District accommodates a wide range of uses, including educational services, healthcare, hotels, select restaurants, professional offices, and veterinary clinics (with some limitations). Nearby national and regional retailers include Wegmans, BJ’s, and Costco, complemented by corporate neighbors such as Bayer, Novartis, MetLife, and GAF. Conveniently accessible to major highways including I-287, I-80, I-280, and Route 24, this location offers exceptional connectivity. The property will carry a two-year deed restriction prohibiting any financial institution use. Priced at $1,075,000 with 2025 taxes at approximately $20,985, the asset is well-positioned for buyers seeking redevelopment or owner-occupancy in a vibrant commercial hub.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,304 SF

ZONING

B

APN/PARCEL ID

12-09001-0000-00001-02

ASK ABOUT THIS PROPERTY

Neil RuppertPierson Commercial Real EstateMore Info
732-743-9938

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Neil RuppertPierson Commercial Real EstateMore Info
732-743-9938

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.