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  5. ›LEASE OF TOWNSHIP PROPERTY FOR THE CONSTRUCTION OF A…

TOWNSHIP OF PARSIPPANY-TROY HILLS·New Jersey

LEASE OF TOWNSHIP PROPERTY FOR THE CONSTRUCTION OF A SELF-SUPPORTING WIRELESS TELECOMMUNICATIONS 130’ MONOPOLE

Closes 1/6/2026$5k – $20kInvitation for Bid
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Description

The Township of Parsippany‑Troy Hills is seeking sealed‑bid proposals to lease a parcel of municipal land (Block 728, Lot 5 – 220 Troy Road) for the erection and operation of a 130‑foot self‑supporting wireless telecommunications monopole, with the ability to extend an additional 20 feet and to accommodate up to four co‑located wireless carriers on approximately 2,500 sq ft of site area. Bidders must purchase bid documents for a $75 non‑refundable fee, submit sealed bids by the deadline, and comply with New Jersey procurement statutes and local land‑use regulations. • Lease of a specific township parcel for a 130‑ft monopole (extendable to 150 ft). • Facility must support up to four wireless carriers and ancillary equipment on ~2,500 sq ft. • Bids sealed, $75 document fee, due Jan 30 2026 10:00 AM; bids opened publicly at the Purchasing Office. • Compliance required with NJ Statutes §§ 10:5‑31, 40A:12‑1 and NJ Administrative Code 17:27. • No lease term, rent amount, or award date disclosed; the township reserves the right to waive minor formalities and reject any or all proposals.

Attached files

Contact

Suzanne Taylor(Director of Purchasing)

(973) 263‑4377

Key dates

Opened
12/22/2025
Closes
1/6/2026

Last updated

Details

Type
Invitation for Bid
Industry
Telecommunications
NAICS
531120

Budget estimate

$5,000 – $20,000

The notice does not disclose lease rent or contract value. Typical municipal leases for telecom monopoles on 2,500 sq ft parcels in New Jersey range from a few thousand to low‑tens‑of‑thousands of dollars per year, depending on lease term, site visibility, and carrier demand. Assuming a 5‑year lease with annual rent between $5,000 and $10,000, total revenue could be $25,000–$50,000 over the contract life. If the township also pays a one‑time site‑development or access fee, the high end could approach $75,000. Hence, a reasonable estimate for the client’s earnings is $5,000–$20,000 per year, or $25,000–$100,000 over a typical multi‑year term.

AI estimate from the solicitation

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