Date
Details
Price
Change
Source
10/09/2026
Listed
$10,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare opportunity to acquire a multi-tenant industrial/flex investment property in a prime Morris Plains location. The property consists of three separate buildings totaling approximately 43,000 SF on approximately 4.53 acres. The property features a versatile mix of warehouse, flex, office and commercial space, along with loading docks, drive-in access and extensive on-site parking. It is not every day that an industrial/warehouse property of this size becomes available in such a desirable Morris Plains location. Conveniently situated near downtown Morris Plains and the Morris Plains Train Station, with excellent access to Routes 287, 202, 46, 24 and 78. Ideal opportunity for investors seeking a well-located, income-producing commercial asset in the heart of Morris County.
Full Property Details
Full Property Details for 60 E Hanover Ave
General
- Price: $10,500,000
- Taxes: $135,044 (2025)
- Status: Active
- Type: Industrial
- Source: Garden_State
- MLS ID: 4058043
- Updated: 10/9/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease/Rent Term: Net
- Lease Terms: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 21
- Restrooms: 21
Additional Information
- Equipment: See Remarks
Exterior
- Color: Red Brick
Parking
- Parking: Additional Parking, Blacktop, Parking Lot-Exclusive
Location
- County: Morris
- Driving Directions: Google Maps
- Location Details: Business District, Highway Location, Industrial Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Roof: Flat
- Ceiling Height: 20
- Door Dimensions: 18
- # Loading Docks: 5
- Bays: 4
- Stories in Building: 2
- Square Feet: 43,000
- Aprox. Leasable: 43,000 Sq. Ft.
- Office: 5,000 Sq. Ft.
- Year Built: 1986
Lot Features
- Lot Size (Acres): 4.53
- Lot Size: 4.530 AC
- Zoning: Industrial
Financial Considerations
- Price Per Sq. Ft.: $244
- Tax Amount: $135,044
- Tax Year: 2025
- Owner Pays: Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases
- APN: 2323-00011-0000-00002-0001-
- Block: 11
- Lot Number: 2.01
Listed by Elite Realtors Of New Jersey
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— 60 E Hanover Ave —
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201-572-5754
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Price & Sales History for 60 E Hanover Ave
Tax History
Tax History for 60 E Hanover Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$131,546
-1%
$5,300,000
—
2023
$132,447
1%
$5,300,000
—
2022
$131,387
1%
$5,300,000
—
2021
$129,797
3%
$5,300,000
—
2020
$126,564
5%
$5,300,000
—
2018
$120,098
-3%
$5,300,000
—
2019
$124,126
5%
$5,300,000
—
2017
$117,713
4%
$5,300,000
—
2016
$113,579
—
$5,300,000
—
2015
$114,109
5%
$5,300,000
—
2013
$108,809
—
$5,300,000
—
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 60 E Hanover Ave
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60 E Hanover Ave, Morris Plains, NJ 07950 (MLS# 4058043) is a Industrial property. 60 E Hanover Ave is currently listed for $10,500,000 and was received on October 09, 2026. Want to learn more about 60 E Hanover Ave? Do you have questions about finding other Industrial real estate for sale in Morris Plains? You can browse all Morris Plains real estate or contact a Coldwell Banker agent to request more information.