Real Estate

Parsippany Commercial Development Property Headed To Auction

The site is in one of North Jersey's "most desirable business corridors with easy access to major regional highways," according to sellers.

PARSIPPANY, NJ — A stretch of land in the heart of Parsippany’s commercial district is headed to auction to be developed.

The property is located at 315 Old Bloomfield Avenue and is about 1.56 acres.

The site features about 209 feet of frontage on Old Bloomfield Avenue and roughly 106 feet of frontage on Route 46, giving exposure to two high-traffic roadways.

Find out what's happening in Parsippanyfor free with the latest updates from Patch.

The site is the wooded area between Plaza 322 and Rajni Indian Cuisine. (Google Maps)
The site is the wooded area between Plaza 322 and Rajni Indian Cuisine. (Google Maps)

According to seller Max Spann Real Estate & Auction Company, it is located in “one of Northern New Jersey’s most desirable business corridors with easy access to major regional highways,” in an area that “features high median household incomes with stable population density and steady commercial demand.”

Bidding for the site begins on March 16 at 9 a.m. and ends on March 18 at 1 p.m.

Find out what's happening in Parsippanyfor free with the latest updates from Patch.

To learn more about the property and how to make a bid, click here.

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