437 State Route 10, Hanover Twp., NJ 07981

$389,000
List Price
$389,000
MLS#
4050156
Year Built
1925
Status
ACTIVE
County
Morris
City
Hanover Twp.
Acres
0.18

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
Cooling
1 Unit, Central Air
Exterior
See Remarks
Garage Spaces
9
Heating
3 Units, Baseboard - Hotwater, Forced Hot Air
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

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

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