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    Algonquin Pkwy Whippany, NJ 07981

    New
    For Sale
    $199,000

    Lots and Land - Hanover Twp., NJ

    Lot size:
    17.21 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for Algonquin Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-5
    Lot size
    17.21 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Real Estate (908) 751-7750 [email protected]

    Listing agent MICHELLE MARKOTA (908) 751-7750

    Listing date Dec 3, 2025

    MLS# 4000180 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Land in Prime Location

    This is a 17.21-acre piece of vacant land situated in Hanover Township, New Jersey. The property is zoned I-5 for industrial use. The land includes trees, shrubs, overgrowth, and wetlands, with wetlands comprising the majority of the property. The property borders Morristown Airport. There is a sewer easement and a gas pipeline right-of-way on the front of the property. Caution is advised when accessing the site due to the natural terrain.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Whippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.415910716634
    Latitude
    40.810176865391

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    FAQs

    What type of property is this?
    Land - Large vacant land parcel zoned for industrial use.
    Where is this land located?
    The property is located at Algonquin Pkwy Whippany, NJ.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Large piece of vacant land in a prime location.; - Zoned I-5 Industrial use.; - Borders Morristown Airport.
    (908) 751-7750
    Request Owner's contact information
    Algonquin Pkwy Whippany, NJ 07981
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    Whippany, NJ 07981
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Algonquin Pkwy Whippany, NJ 07981
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