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Commercial Land with Two Parcels
For Sale
$1,395,000

50 River Rd #1, East Hanover, NJ 07936

The parcels carry separate PB-1 and R-40 zoning designations.

Property SizeContact for details
Days on Market653

Property Features for 50 River Rd #1

General Information

Standard status Active
Property subtype Commercial
Zoning PB-1 & R-40

Building Details

Year Built 2025
Listing Agency: Coldwell Banker Realty
Listed By: Donn McDonald
Source: Culturaunitedrealty
Added: Jan 9, 2025 Changed: Oct 23 Last Checked: Oct 23 at 3:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering comprises two parcels totaling 12.37 acres. The 1.88-acre lot fronts River Road and is zoned PB-1; a 10.49-acre parcel lies behind it and is zoned R-40. Most of the rear parcel is wetlands.

The property is just off Route 10 in East Hanover Township, New Jersey. The reported traffic count is approximately 12,000 cars per day. Potential uses cited for the site include banks, business offices, medical, professional or administrative offices, and single-family residences.

Key Highlights

  • Two parcels totaling 12.37 acres
  • 1.88‑acre River Road parcel zoned PB‑1
  • Rear 10.49‑acre parcel zoned R‑40; mostly wetlands

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Pharmacy Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

Demographics for 07936, NJ

11,105
Population
4,162
Households
2.7
Avg Household Size
48
Median Age
55%
College-Educated
95%
High-School Grad
7.9 sq mi
ZIP Area
1,406
Density / Sq Mi
$144,792
Median Household Income
$73,048
Median Earnings
$2,745
Median Rent
$668,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The parcels carry separate PB-1 and R-40 zoning designations.
Where is this commercial land located?
The property is located at 50 River Rd #1 East Hanover, NJ.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two parcels totaling 12.37 acres; 1.88‑acre River Road parcel zoned PB‑1; Rear 10.49‑acre parcel zoned R‑40; mostly wetlands
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