Financial
Distress signals
Property profile

83 Hanover Rd Florham Park, NJ 07932

OFF-MARKET
Office buildings
Property ID
US59-1136124
5.48 ac lot
Last sale Apr 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story medical office building, totaling 55,000 square feet, presents a unique opportunity in Florham Park, NJ. Located at 83 Hanover Road, this highly visible property boasts a park-like setting with ample parking and is conveniently situated between Route 10 and South Orange Avenue-Columbia Turnpike, offering excellent access to major roadways including I-280, I-287, and Route 24. Built in 2005 and renovated in 1997, the building features a striking façade, a two-story

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$136k
Tax billed · 2023
Assessed value$8.51M
Assessed land$1.80M
Assessed improvement$6.71M
Effective rate1.60%

Value estimate

· Sep 2026
$520k
$468k – $572k
AI approach$520k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$209/SF
County average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$170 – $267

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
The purpose of this zone is to promote office and manufacturing uses.
General categoryINDUSTRIAL
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Restaurant8.5
Wholesale Shop10.7

Location

83 Hanover Rd Florham Park, NJ 07932-1508
County assessor Recorded deeds · 6 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
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