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$389,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 1 day ago
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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.

Full Property Details for 437 State Route 10 #3

General

  • Price: $389,000
  • Taxes: $7,339 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4050476
  • Updated: 9/4/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Color: Stone

Location

  • County: Morris
  • Subdivision: Whippany
  • Driving Directions: Route 10 eastbound

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning
  • Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Stone
  • Basement: Yes
  • Basement Desc.: Unfinished, Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 1925

Unit Information

Unit 1

  • Unit Description: See Remarks
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1

Unit 2

  • Unit Description: See Remarks
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: See Remarks
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: .182 AC
  • Driveway/Sidewalk: Parking Lot-Exclusive
  • Zoning: Business dist

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $200,200
  • Land Assmt: $142,300
  • Tax Amount: $7,339
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 5901
  • Lot Number: 6

Listed by Verified Homes

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Listing agent

— 437 State Route 10 #3 —

  • Verified Homes

973-277-1646

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 437 State Route 10 #3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/02/2026
Listed
$389,000
3.73%
MLS
2/28/2011
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
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 for 437 State Route 10 #3

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,220
5%
$342,500
—
2022
$6,898
5%
$342,500
—
2021
$6,576
2%
$342,500
—
2020
$6,460
1%
$342,500
—
2018
$6,367
3%
$342,500
—
2017
$6,179
1%
$342,500
—
2016
$6,090
-6%
$342,500
—
2019
$6,480
14%
$342,500
—
2015
$5,696
—
$342,500
—
2013
$5,679
—
$342,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Verified Homes

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437 State Route 10 #3, Hanover Township, NJ 07981 (MLS# 4050476) is a Multi-Family property with 3 units containing 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 437 State Route 10 #3 is currently listed for $389,000 and was received on September 02, 2026. Want to learn more about 437 State Route 10 #3? Do you have questions about finding other Multi-Family real estate for sale in Whippany? You can browse all Whippany real estate or contact a Coldwell Banker agent to request more information.

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