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$389,000 Just Listed
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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.
Full Property Details
Full Property Details for 437 State Route 10
General
- Price: $389,000
- Taxes: $7,339 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4050156
- Updated: 9/2/2026
- Added to Site: 2 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: See Remarks
Parking
- Garage Spaces: 9
- Total Spaces: 9
- Parking: 1 Car Width, Parking Lot-Exclusive
Location
- County: Morris
- Driving Directions: Route 10 eastbound
- Location Details: Business District, Highway Location
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street, Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Ceiling Height: 9999
- Stories in Building: 3
- Square Feet: 9,999
- Aprox. Leasable: 9,999 Sq. Ft.
- Office: 9,999 Sq. Ft.
- Year Built: 1925
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
- Units w/Full Bath: 2
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.18
- Lot Size: .182 AC
- Zoning: mixed-use
Financial Considerations
- Price Per Sq. Ft.: $999
- Assessment Amount: $342,500
- Land Assmt: $142,300
- Tax Amount: $7,339
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 2312-05901-0000-00006-0000-
- Block: 5901
- Lot Number: 6
Listed by Verified Homes
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Schools
Schools serving 437 State Route 10
School Districts:Hanover Park Regional School District, Hanover Township School District
| Name | Grades | Distance |
|---|---|---|
Bee Meadow Elementary School 120 Reynolds Avenue, Hanover, NJ 07981 | K-5 | 0.7 mi |
Memorial Junior Middle School 61 Highland Avenue, Hanover, NJ 07981 | 6-8 | 0.3 mi |
Whippany Park High School 165 Whippany Road, Hanover, NJ 07981 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 437 State Route 10
Date
Details
Price
Change
Source
9/02/2026
Listed
$389,000
3.73%
MLS
2/28/2011
Sold
$375,000
—
Public Record
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 437 State Route 10
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.
Estimate the Cost
Estimate the Cost for 437 State Route 10
437 State Route 10, Hanover Township, NJ 07981 (MLS# 4050156) is a Commercial property. 437 State Route 10 is currently listed for $389,000 and was received on September 02, 2026. Want to learn more about 437 State Route 10? Do you have questions about finding other Commercial real estate for sale in Whippany? You can browse all Whippany real estate or contact a Coldwell Banker agent to request more information.

