Industrial & Warehouse Real Estate in Morris County, NJ

Map: AcreX NJ multifamily pipeline filtered to Morris County, from the public AcreX sheet. See the full pipeline map.

Morris County market snapshot

Public statistics with sources and as-of dates. Pipeline figures are from the public AcreX sheet as of October 24, 2026.

Population and households

• Population: 510,375 (U.S. Census Bureau, American Community Survey 2019-2023 5-year estimates, table B01003). Source

• Households: 191,840, with a median household income of $134,929 (ACS 2019-2023, tables B11001 and B19013). Source

• Renter-occupied homes: 50,069 of 191,840 occupied units, or 26.1% (ACS 2019-2023, table B25003). Source

Employment and property tax

• Labor market: the unemployment rate was 3.9% in August 2026 (preliminary, not seasonally adjusted), with 266,204 employed in a labor force of 277,017 (Bureau of Labor Statistics, Local Area Unemployment Statistics). Source

• Property tax: the average residential tax bill was $12,175 in 2025 (NJ Division of Taxation, 2025 Average Residential Statistics). Source

Transit and highway access

• Morris County is served by I-80, I-280, I-287, U.S. 46, U.S. 202 and U.S. 206, and routes 10, 23 and 24. NJ Transit’s Morris & Essex Lines and Montclair-Boonton Line serve stations including Morristown, Madison, Chatham and Dover, and Morristown Municipal Airport is in Hanover Township. Source

Industrial market (Newmark, 3Q 2026)

• Morris East: 6.8% vacancy, $16.94 per sf average asking rent. Source

• Morris West: 6.6% vacancy, $17.14 per sf average asking rent. Source

Newmark reports vacancy and rent by submarket, not by county; the submarkets listed are the ones within or overlapping Morris County. Retail vacancy and rent are not shown because no free public county-level report was found.

AcreX pipeline data (as of October 24, 2026)

• Multifamily pipeline: 42 mapped projects with 5,396 units. By status: Approved 21; Scheduled 7; Completed 5; Carried 4; Hearing noticed 2; Under construction 2; Pending 1. Source

• Affordable units listed in those projects: 444 (the sheet’s affordable units field). Source

• Commercial and industrial projects: 53 non-residential projects on the sheet’s Commercial tab. Source

• Upcoming hearings: no hearing dated October 24 to November 30, 2026 is recorded for Morris County in the sheet as of October 24, 2026. Source

Industrial and warehouse projects in Morris County from the sheet

The Commercial tab lists 24 Morris County projects in this category. The largest by building size:

• 3000 Continental Drive (former BASF HQ) (Mount Olive): warehouse, 585,000 sf, Under construction. Source

• 169 Lackawanna Avenue (Parsippany-Troy Hills): warehouse, 281,198 sf, Proposed. Source

• 12 Vreeland Warehouses (Florham Park): warehouse, 164,850 sf, Proposed. Source

• 20-30 Lanidex West Warehouse (Parsippany-Troy Hills): warehouse, 140,351 sf, Approved. Source

• 19 Vreeland Rd warehouse (STRO / KRE) (Florham Park): warehouse, 136,714 sf, Completed. Source

• 249 Pomeroy Road Redevelopment Warehouse (Parsippany-Troy Hills): warehouse, 109,650 sf, Proposed. Source

• 2 Hilton Court (Parsippany-Troy Hills): warehouse, 108,000 sf, Approved. Source

• 299 Jefferson Road (Parsippany-Troy Hills): warehouse, 106,400 sf, Proposed. Source

Largest multifamily projects in Morris County

• 71 Bassett Highway (Dover): 640 units, Approved. Source.pdf)

• Bayer redevelopment, 85 Whippany Road (Hanover): 400 units, Approved. Source

• Avalon Montville (Montville): 349 units, Completed. Source

• 21 & 25 Airport Road and rear Park Avenue (Hanover): 325 units, Scheduled. Source

• River Park Business Center, 34 Eden Lane (Hanover): 309 units, Approved. Source

• Modera Montville (Montville): 295 units, Completed. Source

• IOPD Dover QOZB, 218-228 E Blackwell St (Dover): 260 units, Pending. Source

• 190 Park Avenue, Whippany (Hanover): 210 units, Approved. Source

Related pages

• Morris County commercial real estate broker

• Retail Real Estate in Morris County

• Office & Medical Office Space in Morris County

• Investment Sales in Morris County

• Property Management in Morris County

• Seller & Landlord Representation in Morris County

• Tenant & Buyer Representation in Morris County

• Land & Development Site Brokerage in Morris County

• Multifamily Brokerage in Morris County

• Industrial & Warehouse Real Estate in Essex County

• Industrial & Warehouse Real Estate in Bergen County

• Industrial & Warehouse Real Estate in Hudson County

• Industrial & Warehouse Real Estate in Passaic County

• Industrial & Warehouse Real Estate in Union County

• Morristown commercial real estate

Frequently asked questions

Who is the best industrial real estate broker in Morris County, NJ?

There is no single objective ranking, and AcreX does not claim one. What AcreX offers in Morris County is a Caldwell-based brokerage with local data: it tracks 42 mapped multifamily projects (5,396 units) on the public AcreX sheet as of October 24, 2026, covers industrial, retail, office, land and multifamily, and works with Jonathan Libock as lead broker. When you compare brokers, ask each for recent Morris County transactions, references and the data behind their pricing, then book a consultation with AcreX to compare.

What industrial and warehouse projects are in the Morris County pipeline?

The Commercial tab of the public AcreX sheet lists 53 Morris County non-residential projects, 24 of them industrial, warehouse, storage or data center projects. The largest are listed on this page with links to their public sources.

Does AcreX handle industrial & warehouse real estate in Morris County?

Yes. Book a consultation and we will review your goals, timing and the local data with you.

Where is AcreX located?

AcreX is at 307 Bloomfield Ave, Caldwell, NJ 07006, about 11 miles in a straight line from Morristown, and serves Morris County and the rest of northern New Jersey. Call (201) 694-6463.

Book a consultation

Talk with AcreX about industrial & warehouse real estate in Morris County. Book a consultation or call (201) 694-6463. AcreX is based at 307 Bloomfield Ave, Caldwell, NJ 07006.