477 Martinsville Road
Update
08/15/22
Basking Ridge Office Property Sells for $10.7M
A 4-story office building, located at 477 Martinsville Road in Basking Ridge, New Jersey, has just been sold for $10.7 million. The structure was purchased by Edgewood Properties from the previous owner, American Real Estate Partners, in a deal brokered by JLL.
Originally constructed in 1990, and later renovated in 2020, the Class-A structure contains office space and approximately 800 parking spaces, with both open and covered parking available.
The property also offers around 30,000 square feet of amenities, which include a fitness center, a cafeteria, conference rooms, green spaces, and jogging trails. The building itself totals square feet, and sits on a campus spanning 34.6 acres.
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