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50 River Rd - Prime Morris County Development Site

12.37 Acres of Commercial Land Offered at $1,375,000 in East Hanover, NJ 07936

Commercial Land New Jersey East Hanover 50 River Rd, East Hanover, NJ 07936

Investment Highlights

  • Located just off Rt 10, surrounded by premium brand retail stores. Traffic count is about 12,000 cars per day. Located between TD BANK and VERIZON.

Executive Summary

Great location for professional offices or residential development. The front lot is 1.88 acres, zoned PB-1 and the back lot (10.49 acres) is primarily wetlands. Adjacent Retailers: Best Buy, Capital Lighting, Pier 1, Party City, Verizon, Golf Galaxy, Dollar Tree
Adjacent Restaurants:Panera, Boston Market, TGI Fridays

Attachments

50 River Rd Flood Map
PB-1 & R-20 Zoning for East Hanover
RAH-4 Zone Township of East Hanover, NJ
50 River Rd Survey

Property Facts

Price $1,375,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Office
  • Bank
  • Medical
  • Single Family Development
No. Lots 1 Total Lot Size 12.37 AC
Property Type Land
Price $1,375,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Bank
  • Medical
  • Single Family Development
Total Lot Size 12.37 AC

1 Lot Available

Lot 49.10, 49

Price $1,375,000 Lot Size 12.37 AC
Price Per AC $111,156.02
Price $1,375,000
Price Per AC $111,156.02
Lot Size 12.37 AC

Lot 49.01 is 1.88 acres, zoned PB-1. Lot 49 is 10.49 acres, zoned R-40, 90% of this lot is wetlands.

Description

Prime development site just of Rt 10. The 1.88 acre front lot would permit building banks, office buildings for business, medical, professional or administrative, and Single Family Residences (similar to R-20 Zoning). The property counts of two lots: 1.88 acres on River Rd zoned PB-1 and 10.49 acres in the rear zoned RAH-4. There is about 2-3 acres of usable property facing River Rd, the remaining portion is wetlands. See attached Zoning Ordinances.

Links

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50 River Rd, East Hanover, NJ - aerial map view - Image1
50 River Rd, East Hanover, NJ - aerial map view - Image2

PROPERTY TAXES

Parcel Number 10-00096-0000-00049-01 Improvements Assessment $0
Land Assessment $280,000 Total Assessment $280,000

PROPERTY TAXES

Parcel Number
10-00096-0000-00049-01
Land Assessment
$280,000
Improvements Assessment
$0
Total Assessment
$280,000

zoning

Zoning Code PB-1 and R-40
PB-1 and R-40
(973) 464-1066

Contact

  • Listing ID: 13409137

  • Date on Market: 8/6/2018

  • Last Updated:

  • Address: 50 River Rd, East Hanover, NJ 07936

The Land Property at 50 River Rd, East Hanover, NJ 07936 is currently available for sale. Contact Coldwell Banker Commercial NRT for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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50 River Rd, East Hanover, NJ for sale Aerial- Image 1 of 6
50 River Rd Ariel
50 River Rd, East Hanover, NJ for sale Aerial- Image 2 of 6
Aerial
50 River Rd, East Hanover, NJ for sale Other- Image 3 of 6
50 River Rd Frontage
50 River Rd, East Hanover, NJ for sale Plat Map- Image 4 of 6
Plat Map
50 River Rd, East Hanover, NJ for sale Other- Image 5 of 6
50 River Rd Survey

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50 River Rd - Prime Morris County Development Site
(973) 464-1066 x

50 River Rd - Prime Morris County Development Site

Donn McDonald

(973) 464-1066

(973) 464-1066

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