712 Nj-10 Hanover, NJ 07981
This exceptional 1.7-acre commercial land parcel, located at 712 NJ-10 in Hanover, New Jersey (Morris County, zip code 07981), presents a compelling investment opportunity. Priced at $1,200,000 ($700,000/acre), this fee simple property offers significant potential. The B-10 zoning permits office, retail, and service uses, making it ideal for a variety of businesses. The property's strategic location along Route 10 ensures high visibility and accessibility. While suitable for a range of commercial ventures, it's important to note that outside storage and heavy distribution are not permitted under the current zoning regulations. This distressed sale presents a unique chance to acquire a valuable piece of land in a thriving New Jersey market. The property's latitude and longitude coordinates are 40.8255807 and -74.4191946 respectively. Serious inquiries are encouraged. The value lies in the land itself, offering a strong foundation for future development or business operations.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.