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.
437 State Route 10, Hanover Twp. NJ 07981-1504
Property City
Hanover Twp.
Property Price
$389,000
Year Built
1925
Tax Annual Amount
$7339
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.18
MLS Status
Active
MLS #
4050156
Yearly Tax Rate
2.052
Year Built (*numeric)
1925
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air
GarageSpaces
9
Heating
3 Units, Baseboard - Hotwater, Forced Hot Air
Lot Size Dimensions
.182 AC
Data import from
GSMLS