Residential

East Hanover, NJ Residential Land & Home Lots for Sale

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East Hanover Development & Estate Opportunity
Updated: Apr 21
East Hanover Development & Estate Opportunity

451 River Rd, East Hanover, NJ 07936

$1,299,000
0.86 AC lot
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).
Ready‑to‑Build Infrastructure: Public water, sewer, and natural gas available.
Space for Amenities: Ample room for a pool, tennis court, and gardens.
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Lots and Land, East Hanover Twp., NJ
Updated: Jun 24
Lots and Land, East Hanover Twp., NJ

107 Hanover Rd, East Hanover, NJ 07936

$625,000
1.01 AC lot
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East Hanover Development Estate Opportunity
East Hanover Development Estate Opportunity

451 River Road, East Hanover, NJ 07936

$1,299,000
1.00 AC lot

Prime 1-acre parcel for custom estate or subdivision.

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See what stands out in Morris County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in East Hanover, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land in Parsippany-Troy Hills
Residential Land in Parsippany-Troy Hills

Lake Hiawatha, NJ 07034

$225,000
0.38 AC lot

Large level lot with public utilities to build a home.

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Large Level Lot For Sale
Large Level Lot For Sale

Lake Hiawatha, NJ 07034

$225,000
0.33 AC lot

Over 1/3 acre lot with public utilities available.

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Residential Lot in Fabulous Neighborhood
Residential Lot in Fabulous Neighborhood

51 Crane St, Caldwell, NJ 07006

$209,000
0.14 AC lot

50x125 lot for dream house in Caldwell, NJ.

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Residential Land in Caldwell Boro
Residential Land in Caldwell Boro

51 Crane St, Caldwell, NJ 07006

$209,000
0.14 AC lot

Residential land available for building a dream house.

View details

East Hanover, NJ Residential Land & Home Lots Market Trends and Statistics

Explore 3 residential land & home lots for sale in East Hanover, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 125,017 square feet of properties for sale, with an estimated market value of $3,223,000.

Sale prices for home sites in East Hanover, NJ start at $625,000, averaging $1,074,333, and reaching up to $1,299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Commercial land 1

Demographics Overview

Population 11K
Population Growth (5Y) -0.1%
Median Household Income $144,792
College Educated 81.5%

High-Yield Neighborhoods for Investment

Identify East Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07936 $1.2M

Taxes & Financing

Tax Rate (average for all types) 2.51%
Property Tax per SF $32.22 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

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