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    Mavis Discount Tire Property
    Updated: Apr 11
    Mavis Discount Tire Property

    291 E Hanover Ave, Morristown, NJ 07960

    Contact for pricing
    6,292 sqft 0.81 AC lot
    Approximately 6,292 rentable square feet on an estimated 0.81‑acre parcel
    Mavis Discount Tire occupancy at 291 East Hanover Ave, Morristown, NJ 07960
    20‑year absolute triple‑net lease commenced June 17th, 2021
    1.50% annual rent increases begin in year 7
    6 renewal options, each providing a 5‑year term
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Auto Repair Shop
    Turnkey Auto Repair Shop

    459 North Avenue E, Westfield, NJ 07090

    Contact for pricing
    1,098 sqft

    Auto repair shop in high-traffic location, ready for immediate operation.

    View details
    Turn-Key Mixed-Use Investment Opportunity
    Turn-Key Mixed-Use Investment Opportunity

    580 Scotland Rd, City Of, Orange, NJ 07050

    $1,490,000
    0.09 AC lot

    Two renovated properties: mixed-use and mechanic shop in developing corridor.

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    Auto Body Shop Garage
    Auto Body Shop Garage

    526 Beach, Orange, NJ 07050

    $300,000

    Commercial garage/auto body shop offering a functional layout with ample workspace, high ceilings, and vehicle access.

    View details
    Auto Repair Shop For Sale
    Auto Repair Shop For Sale

    1490 E Broad St, Westfield, NJ

    Contact for pricing
    2,000 sqft 0.20 AC lot

    2,000 SF auto repair shop on 0.2-acre lot.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Lot in Redevelopment Zone
    Industrial Lot in Redevelopment Zone

    415 Bergen Ave, Kearny, NJ 07032

    Contact for pricing
    0.75 AC lot

    Approximately 0.75-acre industrial lot in a redevelopment zone.

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    Morristown, NJ Auto Shops Market Trends and Statistics

    Explore 1 auto shops for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 6,292 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1

    Demographics Overview

    Population 47K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 65.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per SF
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Morristown, NJ

    • 07960

    Featured Morristown Real Estate Agencies

    Realmo connects you with licensed Morristown CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

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    One Madison Ave - East Bldg. Morristown, NJ 07960
    Phone: 19735396300

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