175 Park Ave | Florham Park, NJ 07932
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175 Park Ave
Florham Park, NJ 07932
Sonesta Hamilton Park Morristown Hotel · Hospitality Property For Sale · 255,320 SF
Investment Highlights
- Hotel offered unencumbered of brand and free of any liquidated damages, lowering an investor’s going-in cost and increasing returns over time.
- Located in the affluent Morris County suburb of Florham Park, a highly regarded live-work community 45 minutes from New York City.
- Ideally situated between Route 24 and Route 124.
- Amenities include an indoor/outdoor pool, fitness center, business center, on-site laundry, green space for pets, sports courts, and more.
- Amenities include three food and beverage outlets: Blend & Barrel, Social Kitchen, and Vanderbilt’s Sports & Spirits.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 255,320 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1988/2017 |
| Lot Size | 12.59 AC | Parking Ratio | 1.19/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 12.59 AC |
| Construction Status | Converted |
| Building Size | 255,320 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1988/2017 |
| Parking Ratio | 1.19/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 11-01301-0000-00003 | Improvements Assessment | $14,203,500 |
| Land Assessment | $6,796,500 | Total Assessment | $21,000,000 |
PROPERTY TAXES
Parcel Number
11-01301-0000-00003
Land Assessment
$6,796,500
Improvements Assessment
$14,203,500
Total Assessment
$21,000,000
zoning
| Zoning Code | UCZ |
| UCZ |
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