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$1,395,000
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Property Description
Vacant Land, Prime development site just off of Rt 10. The property consist of two lots: (1) 1.88 acres on River Rd zoned PB-1 and (2) 10.49 acres,mostlywetlands, in the rear zoned R-40. Some possible uses: banks, office buildings for business, medical, professional or administrative, and SingleFamily Residences. Traffic count approximately12,000 cars per day.
Full Property Details
Full Property Details for 50 River Rd
General
- Price: $1,395,000
- Taxes: $7,263 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 3945806
- Updated: 2/13/2025
- Added to Site: 375 day(s) ago
Business
- Includes: See Remarks
Additional Information
- Equipment: See Remarks
Parking
- Parking: See Remarks
Location
- County: Morris
- Driving Directions: Rt 10 or Canfield to River Rd. Property is between TD BANK and VERIZON.
- Location Details: Business District
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: See Remarks
Utilities
- Sewer: Public Available
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Roof: See Remarks
- Year Built: 2025
Lot Features
- Lot Size (Acres): 1.88
- Lot Size: 1.88 AC
- Zoning: PB-1 & R-40
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $280,000
- Land Assmt: $280,000
- Tax Amount: $7,263
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2310-00096-0000-00049-0001-
- Block: 96
- Lot Number: 49 & 49.01
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 50 River Rd
School Districts:East Hanover Township School District, Hanover Park Regional School District
| Name | Grades | Distance |
|---|---|---|
Frank J. Smith Elementary School 27 Green Drive, East Hanover, NJ 07936 | PK-2 | 0.8 mi |
Central Elementary School, East Hanover, NJ 400 Ridgedale Avenue, East Hanover, NJ 07936 | 3-5 | 1.4 mi |
East Hanover Middle School 477 Ridgedale Avenue, East Hanover, NJ 07936 | 6-8 | 1.4 mi |
Hanover Park High School 63 Mount Pleasant Avenue, East Hanover, NJ 07936 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 River Rd
Date
Details
Price
Change
Source
1/09/2025
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 50 River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,263
6%
$280,000
—
2022
$6,849
17%
$280,000
—
2021
$5,873
-8%
$280,000
—
2018
$6,370
3%
$280,000
—
2017
$6,163
1%
$280,000
—
2016
$6,079
1%
$280,000
—
2015
$5,992
-9%
$280,000
—
2019
$6,569
12%
$280,000
—
2013
$5,841
—
$280,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 River Rd
50 River Rd, East Hanover Township, NJ 07936 (MLS# 3945806) is a Commercial property. 50 River Rd is currently listed for $1,395,000 and was received on January 09, 2025. This property is listed by Donn McDonald from our Montclair Office.Want to learn more about 50 River Rd? Do you have questions about finding other Commercial real estate for sale in East Hanover Township? You can browse all East Hanover Township real estate or contact a Coldwell Banker agent to request more information.


