437 State Route 10 # 3 Hanover Twp, NJ $ 389,000
437 State Route 10 # 3
$ 389,000
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437 State Route 10 # 3

Hanover Twp, NJ, 07981
$ 389,000
Bedrooms3 Baths2.1

Monthly Estimate*

$ 2,456

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Multi-Family Home for sale in Hanover Twp, NJ

for $389,000 with 3 bedrooms and 2 full baths, 1 half bath. This home was built in 1925 on a lot size of 0.18.

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.

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Multi-Family Active

Price

$ 389,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 7,339

Style

2-Two Story

Lot Size

0.18

Year Built

1925

Town/City

Hanover Twp

County/Region

Morris

MLS | Web ID

4050476

Features
General
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater Forced Hot Air
Cooling 1 Unit Central Air
Utilities Gas-Natural
Possession At closing
Roof Asphalt Shingle
Water Heater Gas
Zoning Business dist
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1925
Township Hanover Twp.
Unit Number 3
Tax Year 2025
Gross Income 9999
County Morris
Net Operating Income 9999
Operating Expense 9999
Subdivision Name Whippany
Total Rooms 10
Full Baths 2
Status Active
Directions Route 10 eastbound
Open Parking Spaces 9
Number Of Units Total 3
Tax Annual Amount 7339
Home Warranty Y/N No
Drive Parking Lot-Exclusive
Standard Status Active
Tax Assessed Value 342500
Town # 2312
Tax Lot 6
Farm Assessment No
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Interior
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 3
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Exterior
Water Source Public Water
Exterior Description Stone
Lot Dimensions .182 AC
Lot Size Acres 0.18
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* Excluded Features
List By
NELSON MOTA

Listing Agent

Verified Homes

Broker

nelson@nelsonmota.co

Email

Affordability Calculator

$3,068
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,456
Monthly Property Taxes
$612
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$389,000 Listed Price

Map


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437 State Route 10 # 3, Hanover Twp, NJ, 07981 is a Multi-Family Home for sale at $389,000 with a lot size of 0.18. 437 State Route 10 # 3 has 3 bedrooms, 2.1 baths, and was built in 1925. The property's zip code is 07981 which is in Hanover Twp, NJ