Technical
Financial
Distress signals
Property profile

712 Nj-10 Hanover, NJ 07981

OFF-MARKET
Land
1.7 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

712 Nj-10 Hanover, NJ 07981
Hanover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 712 Nj-10?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message