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.
Active
$389,000
437 State Route 10 #3, Hanover Twp., NJ 07981
3beds
29,997sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$13/sqft
$-- HOA
What's special
- 4 hours
- 117
- 9
Zillow last checked:
Listing updated:
Listed by:
Nelson Mota 973-277-1646,
Verified Homes,
Nekita Martins
Source: GSMLS,MLS#: 4050476
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2.1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- 3 Units, Baseboard - Hotwater, Forced Air, Natural Gas
Cooling
- 1 Unit, Central Air
Appliances
- Included: See Remarks, Gas Water Heater
Features
- See Remarks
- Basement: Yes,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 29,997
- Total interior livable area: 29,997 sqft
Property
Parking
- Total spaces: 9
- Parking features: Parking Lot-Exclusive
- Uncovered spaces: 9
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 Square Feet
- Dimensions: .182 AC
Details
- Parcel number: 2312059010000000060000
- Zoning description: Business dist
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
- Roof: Asphalt Shingle
Condition
- Year built: 1925
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: Whippany
Location
- Region: Whippany
Financial & listing details
- Price per square foot: $13/sqft
- Tax assessed value: $342,500
- Annual tax amount: $7,339
- Date on market: 9/4/2026
- Total actual rent: 29997
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $389,000$13/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



