Properties

Description

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.

Features

  • Heating System : Baseboard - Hotwater, Forced Hot Air, 3 Units
  • Cooling System : Central Air, 1 Unit
  • Basement : Unfinished, Walkout
  • Roof Deck : Asphalt Shingle
  • Parking : 9
  • Parking Description: Parking Lot-Exclusive
  • Tax Assessed Valuation: 342500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: VERIFIED HOMES
  • Office MLS ID: 6317
  • Agent ID: 283006
  • Tax: 7339
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Business dist

Multi-Family For Sale

For Sale
$389,000

437 State Route 10, Hanover Twp., *

  • SQFT 0.18 Acre
  • Bedroom 3
  • Built Year 1925

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5458234
  • Price: $389,000
  • Bedrooms: 3
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1925
  • Year Built Description: Approximate
  • Lot Area: 0.18 Acre
  • Status: Active
  • Days On Market: 5

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Morris
  • City Hanover Twp.
  • Zipcode *
  • Subdivision: Whippany
  • Street: State Route 10
  • Street Number: 437
  • Street Direction: Route 10 eastbound
  • Building Name: 437
  • Floor Number: 0
  • Longitude: W75° 35' 28.2''
  • Latitude: N40° 49' 15.6''
  • Unit Number: 3
  • Internet Display Address: Yes
Property