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

437 State Route 10, Whippany, NJ 07981

The upper level contains two apartments, while a walkout basement provides storage and space for building mechanicals.

Property Size9,999 SF
Price / SF$38.90
Days on Market15

Property Features for 437 State Route 10

General Information

Standard status Active
Size 9,999 SF
Property subtype MixedUse
Zoning mixed-use

Property Condition

Severity Major Repairs Needed
Evidence fire damage

Additional Details

Floor Ground
Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $7,339

Amenities

private restroom
walkout basement
separate utilities
Unfinished,Walkout
Gas-Natural
3
9999
999.99
1
2
Public Water
9
.182 AC
0.18
See Remarks

Building Details

Building Size 9,999 SF
Year Built 1925
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: VERIFIED HOMES
Listed By: Danielle Mustilli
Source: Haven
Added: Oct 21 Changed: Oct 31 Last Checked: Nov 4 at 7:37AM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property combines a ground-floor storefront and private restroom with two apartments above. One apartment has one bedroom, a kitchen, living room, and full bathroom; the other has two bedrooms, a living room, and a full bathroom. A walkout basement offers storage and space for building mechanicals, and the property has separate utilities. Built in 1925, the building sustained fire damage primarily on the second floor and in the attic and requires rehabilitation.

The property fronts State Route 10 in Hanover Township. It is offered as-is; the buyer is responsible for inspections, certifications, permits, approvals, and repairs.

Key Highlights

  • Ground‑floor storefront with private restroom
  • Two apartments: one one‑bedroom unit and one two‑bedroom unit
  • Separate utilities

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

Multi-tenant
Tenancy

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 upper level contains two apartments, while a walkout basement provides storage and space for building mechanicals.
Where is this mixed-use property located?
The property is located at 437 State Route 10 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 private restroom; Two apartments: one one‑bedroom unit and one two‑bedroom unit; Separate utilities
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