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Mixed-Use Property with Storefront
For Sale
$389,000

437 State Route 10 #437, Whippany, NJ 07981

The building combines ground-floor commercial space with two apartments and a walkout basement.

Property Size9,999 SF
Price / SF$38.90
Days on Market52

Property Features for 437 State Route 10 #437

General Information

Standard status Active
Size 9,999 SF
Total Parking Spaces 9
Property subtype Commercial
Zoning mixed-use

Property Condition

Severity Major Repairs Needed
Evidence fire damage primarily affecting the second floor and attic

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Floor Ground
Road Access Yes

Amenities

private restroom

Building Details

Building Size 9,999 SF
Year Built 1925
Stories 3
Units 3
Listing Agency: Verified Homes
Listed By: Nelson Mota · License #283006
Source: Cammarotarealestate
Added: Sep 2 Changed: Oct 22 Last Checked: Oct 22 at 2:13PM

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 Verified Homes

Rey
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Investment Insights

Based on property information with market context.

A ground-level storefront with its own restroom is paired with two apartments above. One apartment has a bedroom, kitchen, living room, and full bathroom; the other has two bedrooms, a living room, and a full bathroom. A walkout basement contains storage and building mechanicals, and the property has separate utilities. Built in 1925, the building is zoned mixed-use.

Fire damage is concentrated on the second floor and in the attic, and rehabilitation is required. The property fronts Route 10 and is being offered as-is. Buyer responsibility includes inspections, certifications, permits, approvals, and repairs.

Key Highlights

  • Ground‑floor storefront with a private restroom
  • Two upstairs apartments: one with 1 bedroom and one with 2 bedrooms
  • Walkout basement provides storage and houses building mechanicals

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Big Box & Wholesale Store Auto Parts Store Building Supply

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

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 07981, NJ

9,051
Population
3,723
Households
2.4
Avg Household Size
48
Median Age
55%
College-Educated
98%
High-School Grad
6.0 sq mi
ZIP Area
1,509
Density / Sq Mi
$153,329
Median Household Income
$81,864
Median Earnings
$2,619
Median Rent
$611,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines ground-floor commercial space with two apartments and a walkout basement.
Where is this mixed-use property located?
The property is located at 437 State Route 10 #437 Whippany, NJ.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Ground‑floor storefront with a private restroom; Two upstairs apartments: one with 1 bedroom and one with 2 bedrooms; Walkout basement provides storage and houses building mechanicals
More about this property
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