437 State Route 10, Hanover Twp. NJ 07981-1504

$389,000
Active
Hanover Twp.

About this home

Investor and redevelopment opportunity on the highly visible Route 10 commercial corridor! This mixed-use property features a ground-floor storefront with a private restroom, plus two residential apartments above. One apartment offers one bedroom, a kitchen, living room, and full bathroom; the second offers two bedrooms, a living room, and full bathroom. A walkout basement provides additional space for storage and building mechanicals. Separate utilities add convenience for future rental operations. The property sustained fire damage primarily affecting the second floor and attic and requires rehabilitation. An excellent opportunity for an investor, contractor, or experienced renovator to restore and reposition a mixed-use income-producing asset in a strong Morris County location. Route 10 frontage provides outstanding exposure for a future commercial tenant, with convenient access to the surrounding Whippany, East Hanover, Parsippany, and Morris County business communities. Property is being sold strictly as-is. Buyer is responsible for all inspections, certifications, permits, approvals, and repairs. Cash or renovation financing may be required. Do not enter the property without a confirmed appointment and authorization.

Taxes & fees

Annual property tax
$7,339
Tax year
2025
Tax rate
2.052

Property details

Year Built
1925
Roof (*text)
Asphalt Shingle
Lot Size Area
0.18
MLS #
4050156

Features & amenities

Year Built (*numeric)
1925
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
1
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air
Garage spaces
9
Heating
3 Units, Baseboard - Hotwater, Forced Hot Air
Lot dimensions
.182 AC
Property Location

40.821024762492, -74.408830403845

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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