437 State Route 10, Hanover Twp., NJ 07981

$389,000
3
BD
2.1
BA

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List Price
$389,000
Status
ACTIVE
Days on Market
8
MLS#
4050476
Year Built
1925
Bedrooms
3
Bathrooms
2.1
Full Baths
2
Half Baths
1
Acres
0.18
Subdivision
Whippany

Property Description

Investor and redevelopment opportunity on the highly visible Route 10 commercial corridor! This mixed-use property features a ground-floor storefront with a private restroom, plus two residential apartments above. One apartment offers one bedroom, a kitchen, living room, and full bathroom; the second offers two bedrooms, a living room, and full bathroom. A walkout basement provides additional space for storage and building mechanicals. Separate utilities add convenience for future rental operations. The property sustained fire damage primarily affecting the second floor and attic and requires rehabilitation. An excellent opportunity for an investor, contractor, or experienced renovator to restore and reposition a mixed-use income-producing asset in a strong Morris County location. Route 10 frontage provides outstanding exposure for a future commercial tenant, with convenient access to the surrounding Whippany, East Hanover, Parsippany, and Morris County business communities. Property is being sold strictly as-is. Buyer is responsible for all inspections, certifications, permits, approvals, and repairs. Cash or renovation financing may be required. Do not enter the property without a confirmed appointment and authorization.

Additional Information

Taxes
$7,339
Heating
3 Units, Baseboard - Hotwater, Forced Hot Air
Air Conditioning
1 Unit, Central Air
Exterior Features
Stone
Roof
Asphalt Shingle
Parking
Parking Lot-Exclusive
Number Of Units
3

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Listing Courtesy Of VERIFIED HOMES, Contact: 973-277-1646

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