Morris Hills S.C....©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 5 Demographic...

.66 Developable Acres

20 Sandra DriveParsippany, NJ

Space Available for Lease or Ground Lease• .66 Developable acres • 1,800 SF drive-thru pad site or• 4,000 SF freestanding building

Comments• Corner property• Highway visibility• High traffic counts (43k+ on Route 46)

Nearby TenantsBuffalo Wild Wings, Jimmy John’s, Advance Auto Parts, Enterprise, Taco Bell, Walgreens, Pepboys

Demographics (2016 Estimates)1 Mile 3 Miles 5 Miles

Population 8,974 59,704 128,020

Households 3,848 22,614 48,602

AverageHousehold Income

$85,282 $116,991 $130,288

Daytime Population 9,683 72,665 154,908

Licensed Real Estate Broker. All Information is from sources deemed reliable and is submittedsubject to errors, omissions, change of price, terms, rental prior sale and withdrawal notices.

Florian [email protected]

125 Chubb AvenueSuite 150 SLyndhurst, NJ 07071201.777.2300www.ripconj.com

92,0

20 A

AD

T

ROUTE 46

143,000 AADT (NW)

43,900 VPD (E)

106,646 VPD (N)10

6,108

VPS (N

)

148,12

0 VPD (N

E)

Arlington Plaza

Troy Hills S.C.

Morris Hills S.C.

N

Budget Inn

Mitch Masala

Hot Breads

Arya Dance Academy

T&B Car Washand Lube Center

Tandoori FlamesBindiya Beauty Salon

Subzi MandiVitale’s Delicatessen

Troy Hills Mall

Delight Big BazaarQuick Stop Food Market

Indus American BankAshia Authentic Chinese & Japanese

Troy Hills VillageApartments

Central Middle School

1.05 miles to

30,000 VPD

www.NJTaxMaps.com

Block 719Lot 3

TAX MAP

Concept Plan #1

Initial Date:

Scale:

Approved By:

Project Number:

Drawn By:

Project:

Drawing Number:

42 OKNER PARKWAYLIVINGSTON, NEW JERSEY 07039

TEL: 973-994-9669FAX-973-994-4069

www.jarmelkizel.com

ArchitectureEngineering

Interior DesignImplementation Services

Drawing Name:

ACS

1" = 40'

MBJ

NJ State Board Of Architects Authorization No. 161NJ State Board Of Engineers & Land Surveyors Authorization No. GA-278177

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SYSTEC-S-16-334

PARSIPPANY, NJ 07054

CONCEPT PLAN 04

CP-04

02/23/2017

CONCEPT PLAN 1

Concept Plan #2

Initial Date:

Scale:

Approved By:

Project Number:

Drawn By:

Project:

Drawing Number:

42 OKNER PARKWAYLIVINGSTON, NEW JERSEY 07039

TEL: 973-994-9669FAX-973-994-4069

www.jarmelkizel.com

ArchitectureEngineering

Interior DesignImplementation Services

Drawing Name:

ACS

1" = 40'

MBJ

NJ State Board Of Architects Authorization No. 161NJ State Board Of Engineers & Land Surveyors Authorization No. GA-278177

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PARSIPPANY, NJ 07054

CONCEPT PLAN 03A

CP-03A

02/07/2017

CONCEPT PLAN 2

Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography page 1 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 40.8647/-74.4007RF5

20 Sandra Drive1 Mile 3 Miles 5 Miles

Parsippany, NJ

PopulationEstimated Population (2016) 8,974 59,704 128,020Projected Population (2021) 9,130 60,820 130,332Census Population (2010) 8,638 58,478 125,576Census Population (2000) 7,748 56,599 122,893Projected Annual Growth (2016 to 2021) 156 0.3% 1,116 0.4% 2,312 0.4%

Historical Annual Growth (2010 to 2016) 336 0.6% 1,227 0.3% 2,445 0.3%

Historical Annual Growth (2000 to 2010) 890 1.1% 1,878 0.3% 2,683 0.2%

Estimated Population Density (2016) 2,859 psm 2,112 psm 1,631 psm

Trade Area Size 3.14 sq mi 28.26 sq mi 78.49 sq mi

HouseholdsEstimated Households (2016) 3,848 22,614 48,602Projected Households (2021) 3,999 23,465 50,378Census Households (2010) 3,646 21,906 47,181Census Households (2000) 3,425 21,434 45,891Estimated Households with Children (2016) 1,001 26.0% 7,195 31.8% 15,382 31.6%

Estimated Average Household Size (2016) 2.30 2.62 2.61

Average Household IncomeEstimated Average Household Income (2016) $85,282 $116,991 $130,288Projected Average Household Income (2021) $99,947 $139,575 $157,161

Estimated Average Family Income (2016) $108,734 $138,858 $152,828

Median Household IncomeEstimated Median Household Income (2016) $75,140 $100,935 $109,085Projected Median Household Income (2021) $81,523 $112,075 $122,178

Estimated Median Family Income (2016) $103,160 $122,375 $132,247

Per Capita IncomeEstimated Per Capita Income (2016) $36,649 $44,361 $49,507Projected Per Capita Income (2021) $43,852 $53,897 $60,792Estimated Per Capita income 5 Year Growth $7,202 19.7% $9,536 21.5% $11,284 22.8%

Estimated Average Household Net Worth (2016) $899,588 $1,313,447 $1,486,931

Daytime Demos (2016)Total Businesses 606 4,122 9,587Total Employees 9,683 72,665 154,908Company Headquarter Businesses 11 1.8% 100 2.4% 154 1.6%

Company Headquarter Employees 848 8.8% 17,023 23.4% 31,587 20.4%

Employee Population per Business 16.0 17.6 16.2Residential Population per Business 14.8 14.5 13.4


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Lat/Lon: 40.8647/-74.4007RF5


Parsippany, NJ

Race & EthnicityWhite (2016) 4,784 53.3% 37,711 63.2% 92,550 72.3%Black or African American (2016) 448 5.0% 1,900 3.2% 3,396 2.7%American Indian or Alaska Native (2016) 19 0.2% 97 0.2% 163 0.1%Asian (2016) 3,304 36.8% 17,178 28.8% 27,150 21.2%Hawaiian or Pacific Islander (2016) 3 - 9 - 13 - Other Race (2016) 198 2.2% 1,211 2.0% 1,980 1.5%Two or More Races (2016) 219 2.4% 1,598 2.7% 2,767 2.2%

Not Hispanic or Latino Population (2016) 8,134 90.6% 54,570 91.4% 118,612 92.7%Hispanic or Latino Population (2016) 840 9.4% 5,135 8.6% 9,408 7.3%Not Hispanic or Latino Population (2021) 8,183 89.6% 54,917 90.3% 119,101 91.4%Hispanic or Latino Population (2021) 948 10.4% 5,904 9.7% 11,232 8.6%Not Hispanic or Latino Population (2010) 7,887 91.3% 53,876 92.1% 117,343 93.4%Hispanic or Latino Population (2010) 752 8.7% 4,601 7.9% 8,232 6.6%Not Hispanic or Latino Population (2000) 7,194 92.9% 52,960 93.6% 117,064 95.3%Hispanic or Latino Population (2000) 554 7.1% 3,639 6.4% 5,829 4.7%Projected Hispanic Annual Growth (2016 to 2021) 107 2.5% 769 3.0% 1,824 3.9%Historic Hispanic Annual Growth (2000 to 2016) 286 3.2% 1,495 2.6% 3,579 3.8%

Age Distribution (2016)Age Under 5 463 5.2% 2,980 5.0% 6,052 4.7%Age 5 to 9 Years 430 4.8% 3,112 5.2% 6,814 5.3%Age 10 to 14 Years 418 4.7% 3,585 6.0% 8,073 6.3%Age 15 to 19 Years 400 4.5% 3,597 6.0% 8,036 6.3%Age 20 to 24 Years 555 6.2% 3,606 6.0% 7,198 5.6%Age 25 to 29 Years 744 8.3% 3,786 6.3% 6,886 5.4%Age 30 to 34 Years 766 8.5% 3,929 6.6% 7,312 5.7%Age 35 to 39 Years 556 6.2% 3,650 6.1% 7,404 5.8%Age 40 to 44 Years 532 5.9% 3,892 6.5% 8,268 6.5%Age 45 to 49 Years 572 6.4% 4,365 7.3% 9,568 7.5%Age 50 to 54 Years 639 7.1% 4,688 7.9% 10,453 8.2%Age 55 to 59 Years 630 7.0% 4,555 7.6% 10,059 7.9%Age 60 to 64 Years 546 6.1% 3,777 6.3% 8,654 6.8%Age 65 to 74 Years 914 10.2% 5,701 9.5% 12,740 10.0%Age 75 to 84 Years 552 6.1% 3,035 5.1% 6,828 5.3%Age 85 Years or Over 259 2.9% 1,446 2.4% 3,675 2.9%Median Age 41.6 41.4 42.9

Gender Age Distribution (2016)Female Population 4,581 51.0% 30,278 50.7% 65,617 51.3%

Age 0 to 19 Years 856 18.7% 6,438 21.3% 14,052 21.4%Age 20 to 64 Years 2,730 59.6% 18,210 60.1% 38,480 58.6%Age 65 Years or Over 994 21.7% 5,629 18.6% 13,085 19.9%

Female Median Age 42.9 42.5 44.3

Male Population 4,394 49.0% 29,427 49.3% 62,403 48.7%Age 0 to 19 Years 854 19.4% 6,836 23.2% 14,923 23.9%Age 20 to 64 Years 2,810 64.0% 18,038 61.3% 37,322 59.8%Age 65 Years or Over 730 16.6% 4,553 15.5% 10,158 16.3%

Male Median Age 40.2 40.2 41.6

DEMOGRAPHICS


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Lat/Lon: 40.8647/-74.4007RF5


Parsippany, NJ

Units In Structure (2010)1 Detached Unit 1,242 34.0% 13,112 59.9% 30,700 65.1%1 Attached Unit 134 3.7% 1,244 5.7% 3,723 7.9%2 to 4 Units 263 7.2% 1,645 7.5% 3,115 6.6%5 to 9 Units 115 3.2% 837 3.8% 1,784 3.8%10 to 19 Units 909 24.9% 2,270 10.4% 3,341 7.1%20 to 49 Units 543 14.9% 1,364 6.2% 1,893 4.0%50 or More Units 435 11.9% 1,367 6.2% 2,467 5.2%Mobile Home or Trailer 4 0.1% 52 0.2% 140 0.3%Other Structure 1 - 14 0.1% 16 -

Homes Built By Year (2010)Homes Built 2005 or later 67 1.8% 554 2.5% 1,225 2.6%Homes Built 2000 to 2004 208 5.7% 956 4.4% 2,144 4.5%Homes Built 1990 to 1999 188 5.1% 1,677 7.7% 5,498 11.7%Homes Built 1980 to 1989 393 10.8% 1,835 8.4% 5,156 10.9%Homes Built 1970 to 1979 823 22.6% 3,639 16.6% 6,971 14.8%Homes Built 1960 to 1969 1,172 32.1% 5,107 23.3% 8,890 18.8%Homes Built 1950 to 1959 333 9.1% 3,795 17.3% 8,016 17.0%Homes Built Before 1949 463 12.7% 4,343 19.8% 9,280 19.7%

Home Values (2010)Home Values $1,000,000 or More 15 1.1% 606 4.3% 1,541 4.4%Home Values $500,000 to $999,999 564 42.7% 4,385 30.8% 12,424 35.5%Home Values $400,000 to $499,999 380 28.8% 3,045 21.4% 6,698 19.1%Home Values $300,000 to $399,999 161 12.2% 3,177 22.3% 6,812 19.4%Home Values $200,000 to $299,999 102 7.7% 1,788 12.6% 4,276 12.2%Home Values $150,000 to $199,999 45 3.4% 666 4.7% 1,546 4.4%Home Values $100,000 to $149,999 18 1.3% 193 1.4% 609 1.7%Home Values $70,000 to $99,999 24 1.8% 138 1.0% 495 1.4%Home Values $50,000 to $69,999 7 0.5% 65 0.5% 225 0.6%Home Values $25,000 to $49,999 2 0.1% 124 0.9% 271 0.8%Home Values Under $25,000 4 0.3% 43 0.3% 132 0.4%Owner-Occupied Median Home Value $479,548 $457,732 $468,044Renter-Occupied Median Rent $973 $1,044 $1,192

Transportation To Work (2010)Drive to Work Alone 3,952 83.4% 23,791 81.8% 50,348 82.3%Drive to Work in Carpool 361 7.6% 2,149 7.4% 3,971 6.5%Travel to Work by Public Transportation 162 3.4% 1,125 3.9% 2,609 4.3%Drive to Work on Motorcycle - - - - - - Walk or Bicycle to Work 168 3.5% 678 2.3% 1,082 1.8%Other Means 23 0.5% 268 0.9% 468 0.8%Work at Home 74 1.6% 1,081 3.7% 2,732 4.5%

Travel Time (2010)Travel to Work in 14 Minutes or Less 1,109 23.8% 6,480 23.1% 13,797 23.6%Travel to Work in 15 to 29 Minutes 1,839 39.4% 11,123 39.7% 22,122 37.8%Travel to Work in 30 to 59 Minutes 1,336 28.6% 7,881 28.1% 16,917 28.9%Travel to Work in 60 Minutes or More 381 8.2% 2,527 9.0% 5,642 9.6%Average Minutes Travel to Work 21.5 22.2 22.7


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Lat/Lon: 40.8647/-74.4007RF5


Parsippany, NJ

Labor Force (2016)Estimated Labor Population Age 16 Years or Over 7,580 49,202 105,259Estimated Civilian Employed 4,828 63.7% 32,123 65.3% 68,477 65.1%Estimated Civilian Unemployed 203 2.7% 1,527 3.1% 3,207 3.0%Estimated in Armed Forces - - 36 0.1% 36 - Estimated Not in Labor Force 2,549 33.6% 15,516 31.5% 33,539 31.9%Unemployment Rate 2.7% 3.1% 3.0%

Occupation (2010)Occupation: Population Age 16 Years or Over 4,801 29,784 62,543Management, Business, Financial Operations 1,217 25.3% 6,889 23.1% 14,967 23.9%Professional, Related 1,489 31.0% 8,240 27.7% 17,135 27.4%Service 588 12.2% 3,533 11.9% 7,087 11.3%Sales, Office 837 17.4% 6,949 23.3% 15,574 24.9%Farming, Fishing, Forestry - - 2 - 9 - Construct, Extraction, Maintenance 323 6.7% 1,610 5.4% 3,189 5.1%Production, Transport Material Moving 347 7.2% 2,562 8.6% 4,584 7.3%

White Collar Workers 3,543 73.8% 22,077 74.1% 47,676 76.2%Blue Collar Workers 1,258 26.2% 7,707 25.9% 14,867 23.8%

Consumer Expenditure (2016)Total Household Expenditure $238 M $1.78 B $4.15 B

Total Non-Retail Expenditure $130 M 54.5% $976 M 54.9% $2.28 B 54.9%Total Retail Expenditure $108 M 45.5% $803 M 45.1% $1.87 B 45.1%

Apparel $8.43 M 3.5% $63.0 M 3.5% $147 M 3.5%Contributions $11.1 M 4.7% $91.1 M 5.1% $220 M 5.3%Education $9.61 M 4.0% $77.0 M 4.3% $184 M 4.4%Entertainment $13.4 M 5.6% $101 M 5.7% $237 M 5.7%Food and Beverages $34.5 M 14.5% $251 M 14.1% $580 M 14.0%Furnishings and Equipment $8.31 M 3.5% $63.9 M 3.6% $150 M 3.6%Gifts $6.22 M 2.6% $49.6 M 2.8% $118 M 2.8%Health Care $18.4 M 7.7% $132 M 7.4% $305 M 7.4%Household Operations $7.10 M 3.0% $56.4 M 3.2% $134 M 3.2%Miscellaneous Expenses $3.45 M 1.4% $25.2 M 1.4% $58.2 M 1.4%Personal Care $3.09 M 1.3% $22.8 M 1.3% $53.1 M 1.3%Personal Insurance $1.85 M 0.8% $14.9 M 0.8% $35.4 M 0.9%Reading $534 K 0.2% $3.98 M 0.2% $9.28 M 0.2%Shelter $49.2 M 20.7% $369 M 20.7% $863 M 20.8%Tobacco $1.35 M 0.6% $9.03 M 0.5% $20.4 M 0.5%Transportation $44.2 M 18.5% $324 M 18.2% $748 M 18.0%Utilities $17.4 M 7.3% $124 M 7.0% $285 M 6.9%

Educational Attainment (2016)Adult Population Age 25 Years or Over 6,709 42,825 91,847Elementary (Grade Level 0 to 8) 200 3.0% 1,082 2.5% 2,206 2.4%Some High School (Grade Level 9 to 11) 322 4.8% 1,646 3.8% 2,876 3.1%High School Graduate 1,351 20.1% 9,401 22.0% 20,099 21.9%Some College 683 10.2% 5,331 12.4% 12,040 13.1%Associate Degree Only 581 8.7% 2,432 5.7% 5,646 6.1%Bachelor Degree Only 2,203 32.8% 13,950 32.6% 29,092 31.7%Graduate Degree 1,368 20.4% 8,983 21.0% 19,887 21.7%


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Lat/Lon: 40.8647/-74.4007RF5


Parsippany, NJ

Household Income Distribution (2016)HH Income $200,000 or More 384 10.0% 3,491 15.4% 9,290 19.1%HH Income $150,000 to $199,999 231 6.0% 2,443 10.8% 5,780 11.9%HH Income $100,000 to $149,999 589 15.3% 4,708 20.8% 10,070 20.7%HH Income $75,000 to $99,999 453 11.8% 2,870 12.7% 5,754 11.8%HH Income $50,000 to $74,999 812 21.1% 3,516 15.5% 6,672 13.7%HH Income $35,000 to $49,999 352 9.1% 2,004 8.9% 3,853 7.9%HH Income $25,000 to $34,999 339 8.8% 1,136 5.0% 2,312 4.8%HH Income $15,000 to $24,999 237 6.2% 1,136 5.0% 2,240 4.6%HH Income Under $15,000 453 11.8% 1,311 5.8% 2,632 5.4%

HH Income $35,000 or More 2,820 73.3% 19,031 84.2% 41,418 85.2%HH Income $75,000 or More 1,657 43.0% 13,512 59.7% 30,894 63.6%

Housing (2016)Total Housing Units 3,931 23,122 49,783Housing Units Occupied 3,848 97.9% 22,614 97.8% 48,602 97.6%

Housing Units Owner-Occupied 1,339 34.8% 14,513 64.2% 35,693 73.4%Housing Units, Renter-Occupied 2,510 65.2% 8,101 35.8% 12,909 26.6%

Housing Units, Vacant 83 2.1% 508 2.2% 1,181 2.4%

Marital Status (2016)Never Married 2,049 26.7% 13,333 26.7% 27,518 25.7%Currently Married 4,032 52.6% 28,208 56.4% 61,727 57.6%Separated 411 5.4% 1,711 3.4% 2,987 2.8%Widowed 622 8.1% 3,352 6.7% 7,077 6.6%Divorced 550 7.2% 3,423 6.8% 7,772 7.3%

Household Type (2016)Population Family 7,030 78.3% 51,225 85.8% 110,368 86.2%Population Non-Family 1,808 20.2% 7,968 13.3% 16,702 13.0%Population Group Quarters 135 1.5% 511 0.9% 950 0.7%

Family Households 2,307 60.0% 16,026 70.9% 34,615 71.2%Non-Family Households 1,541 40.0% 6,588 29.1% 13,987 28.8%Married Couple with Children 820 20.3% 6,026 21.4% 12,938 21.0%Average Family Household Size 3.0 3.2 3.2

Household Size (2016)1 Person Households 1,303 33.9% 5,452 24.1% 11,765 24.2%2 Person Households 1,233 32.0% 7,098 31.4% 15,163 31.2%3 Person Households 576 15.0% 4,038 17.9% 8,564 17.6%4 Person Households 471 12.2% 3,733 16.5% 8,285 17.0%5 Person Households 176 4.6% 1,552 6.9% 3,342 6.9%6 or More Person Households 88 2.3% 741 3.3% 1,483 3.1%

Household Vehicles (2016)Households with 0 Vehicles Available 354 9.2% 1,103 4.9% 2,181 4.5%Households with 1 Vehicles Available 1,600 41.6% 6,960 30.8% 13,943 28.7%Households with 2 or More Vehicles Available 1,894 49.2% 14,551 64.3% 32,478 66.8%

Total Vehicles Available 5,989 42,643 94,384Average Vehicles Per Household 1.6 1.9 1.9

DEMOGRAPHICS

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