Commercial

East Hanover, NJ Commercial Land for Sale

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Vacant Development Land Off Route 10
Updated: Jul 16
Vacant Development Land Off Route 10

50 River Rd, East Hanover, NJ 07936

$1,395,000
Two‑lot vacant development site totaling 1.88 acres on River Rd plus 10.49 acres in the rear
Front lot: 1.88 acres on River Rd zoned PB‑1
Rear lot: 10.49 acres, mostly wetlands, zoned R‑40
Possible uses listed include banks, business/medical/professional/admin office buildings, and single‑family residences
Traffic count is approximately 12,000 cars per day
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in East Hanover, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Commercial Land with Public Utilities
Commercial Land with Public Utilities

Morris Plains, NJ 07950

$725,000
0.95 AC lot

Commercial land along Route 10 with public water and sewer service and access to established Morris County markets.

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Commercial Land Parcel
Commercial Land Parcel

Morris Plains, NJ 07950

$725,000

Commercial land lies along a retail corridor with access to regional routes and surrounding retail activity.

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Redevelopment Opportunity Near Train
Redevelopment Opportunity Near Train

99 Vose Ave, South Orange, NJ 07079

Contact for pricing
3,020 sqft

Commercial land available one block from South Orange Train.

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Vacant Lot Near Train Station
Vacant Lot Near Train Station

114 Irving, South Orange, NJ 07079

$699,000

Large vacant lot near South Orange Train Station and downtown.

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East Hanover, NJ Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in East Hanover, NJ on our real estate platform.

Sale prices for commercial lots in East Hanover, NJ average $1,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Commercial land 1

Demographics Overview

Population 11K
Population Growth (5Y) -0.1%
Median Household Income $144,792
College Educated 81.5%

High-Yield Neighborhoods for Investment

Identify East Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07936 $1.4M

Taxes & Financing

Tax Rate (average for all types) 2.51%
Property Tax per SF $32.22 per SF
Tax Rate vs County Average 0.01 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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