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    East Hanover Development & Estate Opportunity
    Updated: Apr 21
    East Hanover Development & Estate Opportunity

    451 River Rd, East Hanover, NJ 07936

    $1,299,000
    0.86 AC lot
    Premier East Hanover Location: Situated in a prestigious residential area.
    1‑Acre Level Parcel: Ready for building a grand estate.
    Development Potential: Subdividable into 6 building lots (subject to approval, when combined with adjacent land).
    Ready‑to‑Build Infrastructure: Public water, sewer, and natural gas available.
    Space for Amenities: Ample room for a pool, tennis court, and gardens.
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    Lots and Land, East Hanover Twp., NJ
    Updated: Jun 24
    Lots and Land, East Hanover Twp., NJ

    107 Hanover Rd, East Hanover, NJ 07936

    $625,000
    1.01 AC lot
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    East Hanover Development Estate Opportunity
    East Hanover Development Estate Opportunity

    451 River Road, East Hanover, NJ 07936

    $1,299,000
    1.00 AC lot

    Prime 1-acre parcel for custom estate or subdivision.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Vacant Development Land Off Route 10
    Vacant Development Land Off Route 10

    50 River Rd, East Hanover, NJ 07936

    $1,395,000

    Vacant land offering two lots totaling 1.88 acres zoned PB-1 and 10.49 acres mostly wetlands zoned R-40.

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    Residential Development Land
    Residential Development Land

    107 Hanover Rd, East Hanover, NJ 07936

    $625,000

    Land designated for single-family residential use near the East Hanover and Florham Park border.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

    Residential Land in Parsippany-Troy Hills
    Residential Land in Parsippany-Troy Hills

    Lake Hiawatha, NJ 07034

    $225,000
    0.38 AC lot

    Large level lot with public utilities to build a home.

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    Large Level Lot For Sale
    Large Level Lot For Sale

    Lake Hiawatha, NJ 07034

    $225,000
    0.33 AC lot

    Over 1/3 acre lot with public utilities available.

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    100+ Acre Wetlands Site
    100+ Acre Wetlands Site

    Columbia Tpke, Florham Park, NJ 07960

    Contact for pricing
    100.00 AC lot

    Unique 100+ acre wetlands site in Florham Park, NJ.

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    0 Columbia Turnpike, Florham Park, NJ 07960
    0 Columbia Turnpike, Florham Park, NJ 07960

    Columbia Tpke, Florham Park, NJ 07960

    Contact for pricing

    Unique 100+ acre wetlands site in Florham Park, NJ.

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    East Hanover, NJ Land Market Trends and Statistics

    Explore 5 land for sale in East Hanover, NJ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 125,017 square feet of properties for sale, with an estimated market value of $5,243,000.

    Sale prices for lots in East Hanover, NJ start at $625,000, averaging $1,048,600, and reaching up to $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 $1.2M

    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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