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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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    LAND - East Hanover Twp., NJ
    Updated: Jun 24
    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 Rd, 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
    Approved Two-Lot Subdivision Land
    Approved Two-Lot Subdivision Land

    380 River Road, East Hanover, NJ 07936

    $1,600,000

    Approved 2-lot subdivision with house plans in place, offering a straightforward path to begin building right away.

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    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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    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.

    Roseland Corner Lot For Sale
    Roseland Corner Lot For Sale

    194 Eagle Rock Ave, Roseland, NJ 07068

    $500,000
    0.25 AC lot

    Corner lot in Roseland with B1 zoning and parking.

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    Residential Land Lot
    Residential Land Lot

    27 Emerson Dr, Livingston, NJ 07039

    $999,999

    For sale residential land lot at 27 Emerson Dr in Livingston Township, NJ.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    194 Eagle Rock Avenue, Roseland, NJ 07068

    $550,000

    Vacant commercial land in Roseland, NJ, designated for B1 zoning, sold with the adjacent lot.

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    Commercial Land for Sale
    Commercial Land for Sale

    397 W Mount Pleasant Ave, Livingston, NJ 07039

    Contact for pricing

    Commercial land available for sale at 397 W Mount Pleasant Ave in Livingston, NJ 07039.

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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 $6,218,000.

    Sale prices for lots in East Hanover, NJ start at $625,000, averaging $1,243,600, and reaching up to $1,600,000 — 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 4
    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 $962K

    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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