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    72 Deforest Ave East Hanover, NJ 07936

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    For Lease
    $15 SF/Yr ($2,875 /Mo)

    Two-story office building with separate entrances and on-site parking.

    Property size:
    2,300 SF
    Lot size:
    0.97 Acres

    Property Features for 72 Deforest Ave

    General Information

    Size
    2,300 SF
    Lot size
    0.97 Acres

    Source: Newmark & Associates, Inc. Agent Deborah Myers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Hanover Office Building For Rent

    This two-story building offers approximately 10,000 square feet of space and is configured for two tenants. The building features separate access and entrances for each tenant, ensuring no contact between them. On-site parking is available. The property is conveniently located near Route 10, providing easy access to both eastbound and westbound traffic. It is also near shopping, banking, the post office, and restaurants in East Hanover.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Hanover
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3637494
    Latitude
    40.8165062

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    FAQs

    What type of property is this?
    Office space - Two-story office building with separate entrances and on-site parking.
    Where is this office space located?
    The property is located at 72 Deforest Ave East Hanover, NJ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - +/- 10,000 sf building suitable for multiple tenants; - Building demised for 2 tenants with separate access/entrance; - Convenient access to Route 10 (East and West bound)
    (973) 493-8508
    Request Owner's contact information
    72 Deforest Ave East Hanover, NJ 07936
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    East Hanover, NJ 07936
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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
    72 Deforest Ave East Hanover, NJ 07936
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