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
MLS#
4050476
Bedrooms
3
Bathrooms
2.1
Half-baths
1
County
Morris
City
Hanover Twp.
Year Built
1925

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

Exterior
Stone
Basement
Yes
Taxes
$7,339

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