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    58-62 Rte, Unit 10 East Hanover, NJ

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    For Lease
    Contact for pricing

    Retail space with high traffic and excellent visibility on Route 10.

    Property size:
    2,400 SF
    Lot size:
    1.00 Acres

    Property Features for 58-62 Rte

    General Information

    Size
    2,400 SF
    Lot size
    1.00 Acres

    Source: RIPCO Real Estate - New Jersey Agent Florian Suserman

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

    Overview

    Retail Space with Highway Visibility

    This retail space, comprising 2,400 square feet, benefits from great highway visibility and adjacency to a major intersection. The location features two points of ingress and egress, facilitating access. Situated on Route 10, a major corridor, the property experiences high vehicular traffic and benefits from a strong daytime population.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    East Hanover
    County
    Morris
    State
    New Jersey
    Longitude
    -74.36974
    Latitude
    40.819271

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    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic and excellent visibility on Route 10.
    Where is this retail space located?
    The property is located at 58-62 Rte, Unit 10 East Hanover, NJ.
    What are key features of this property?
    This property features: - High vehicular traffic ensures excellent exposure.; - Great highway visibility for maximum impact.; - Adjacent to major intersection, offering easy access.
    (201) 777-2300
    Request Owner's contact information
    58-62 Rte, Unit 10 East Hanover, NJ
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    East Hanover, NJ
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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
    58-62 Rte, Unit 10 East Hanover, NJ
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