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East Hanover Development & Estate Opportunity
For Sale
$1,299,000

451 River Rd, East Hanover, NJ 07936

LAND - East Hanover Twp., NJ

Property SizeContact for details
Lot Size0.86 Acres
Days on Market113

Property Features for 451 River Rd

General Information

Property type Land
Property subtype Other
Zoning R20
Lot features Backs to Park Land, Level Lot, Possible Subdivision, Wooded Lot
Elementary school Franksmith
Middle school East Hanov
High school Hanover PK
Directions Corner of Overlook and River Rd
Standard status Active
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7613

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public, Well
Listing Agency: REALMART REALTY
Listed By: JACK QIZHAN YAO · License #10491203908
Added: Apr 21 Changed: Aug 1 Last Checked: Aug 11 at 6:06PM
MLS# 4022131

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.86-acre parcel presents a development and estate opportunity in a premier East Hanover location. The level lot is positioned in one of East Hanover’s most prestigious residential areas, nestled against a serene, protected wooded backdrop. The site offers space for a grand architectural estate, with room for a private swimming pool, professional tennis court, and expansive gardens. The property offers access to Rt 280, Eisenhower Pkwy, Rt 10, and Rt 287, providing access to tech and corporate hubs, including Coreweave and Novartis. Public water, sewer, and natural gas are available at the property. The site has development potential and can potentially be subdivided into 6 building lots if combined with the land of next door, subject to town approval. The property is zoned R20.

Key Highlights

  • Premier East Hanover Location: Situated in a prestigious residential area.
  • 1‑Acre Level Parcel: Ready for building a grand estate.
  • Development Potential: Subdividable into 6 building lots (subject to approval, when combined with adjacent land).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Storage Facility

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

305
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Prime 0.86-acre parcel in a prestigious residential location.
Where is this land located?
The property is located at 451 River Rd East Hanover, NJ.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Premier East Hanover Location: Situated in a prestigious residential area.; 1‑Acre Level Parcel: Ready for building a grand estate.; Development Potential: Subdividable into 6 building lots (subject to approval, when combined with adjacent land).
More about this property
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