Parsippany, NJ — Nancy Stanton Tuckman, Managing Director of Newmark Associates, successfully completed a $5 million sale of 629 Parsippany Road, a fully leased office property located in the heart of Parsippany’s thriving business corridor.

The purchaser acquired the property as a long-term investment, attracted by the building’s stable income stream and strong tenancy. The property is fully occupied by an established and reputable law firm, providing cash flow and value for the new ownership.

“This transaction reflects the continued demand for income-producing office assets in strong suburban markets,” said Tuckman. “The combination of a well-maintained property, a long standing tenant, and a desirable Parsippany location made this a prime investment opportunity.”

629 Parsippany Road offers convenient access to major highways, regional transportation routes, and the extensive corporate infrastructure that has made Parsippany one of Northern New Jersey’s premier business destinations.

Nancy Stanton Tuckman has consistently been recognized as one of Northern New Jersey’s leading commercial real estate professionals, specializing in office investment sales, leasing, and corporate real estate advisory services.

Newmark Associates, CRE, based in Cedar Knolls, New Jersey, is celebrating 40 years as one of the state’s leading commercial real estate brokerage firms. Recognized by NJBIZ and the CoStar Group for excellence in the industry, Newmark specializes in leasing and sales of office, industrial, retail, land, healthcare, and mixed-use properties. The firm is certified as a woman-owned business by the Women’s Business Enterprise National Council (WBENC) and is a founding member of CRESDA (Corporate Real Estate Services, Diversity Associates), serving the needs of major corporations nationwide.