9 Whippany RdHanover, NJ 07981

  • Industrial properties
  • 16.00 AC
For Lease

Property Details for 9 Whippany Rd

Lot size
16.00 AC
Zone code
IP
Property type
Industrial properties
Property subtype
Other industrial properties
APN
12 05901-0000-00021- 01
APU
120590100000002101

Description

This exceptional Hanover, NJ distribution center at 9 Whippany Road offers a prime opportunity for businesses seeking flexible industrial space. The property boasts a total of 24,000 square feet, with 2,500 square feet currently available for lease. Situated on a one-acre lot in Morris County, this multi-tenant building provides convenient access to major transportation arteries, including Routes 10, 287, and 80, ensuring efficient logistics. The building features a 22-foot ceiling height, ideal for high-volume storage and operations. Loading and unloading are facilitated by three loading docks and one drive-in door. The property also includes a newly renovated one-acre area with fresh asphalt, five new concrete slabs, and a secure gated entrance with code access. An adjacent 1,000 square foot office space is also available, providing convenient on-site administrative capabilities. This location offers a blend of modern amenities and strategic accessibility, making it an ideal choice for distribution and logistics companies seeking a well-maintained and conveniently located facility in Northern New Jersey. The property is classified as Office and Industrial, with a distribution subtype. The zip code is 07981.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $131,892,096
    Hospitality
    $120,812,448
    Educational
    $100,514,536
    Medical
    $103,971,384
    Retail
    $156,355,952
9 Whippany Rd, Hanover, New Jersey

Location Insight

City
Whippany
County
Morris
State
New Jersey
Latitude
40.8196
Longitude
-74.4088
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$302,598
$3,662,800
$10,980,500
$14,643,300
-
$3,662,800
$10,980,500
$14,643,300

FAQs

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