Hanover, NJ Commercial Real Estate for Lease and Sale

Explore 30 listings of Hanover commercial real estate for lease and for sale to find the best space for your business.

8 Ridgedale Avenue

8 Ridgedale Avenue, Hanover, Cedar Knolls, NJ
Property

Industrial

100,000 SF
Availability

1 Space

16,550 SF
Year Built

1985
For Lease

$14.00/SF/YR
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Cedar Knolls Corporate Center

240 Cedar Knolls Road, Hanover, Cedar Knolls, NJ
Property

Office

118,009 SF
Availability

6 Spaces

29,274 SF
Year Built

1980
For Lease Contact for pricing
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Jefferson Plaza

100 South Jefferson Road, Hanover, Whippany, NJ
Property

Office

173,162 SF
Availability

4 Spaces

57,373 SF
Year Built

1982
For Lease

$22.50/SF/YR
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10 Park Avenue

10 Park Avenue, Hanover, NJ
Property

Office

154,750 SF
Availability

3 Spaces

154,777 SF
Year Built

2001
For Lease Contact for pricing
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16 Wing Drive

16 Wing Drive, Hanover, Cedar Knolls, NJ
Property

Industrial

32,000 SF
Availability

1 Space

2,825 SF
Year Built

1985
For Lease

$17.00/SF/YR
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Woodmont Corporate Center

80 South Jefferson Road, Hanover, Whippany, NJ
Property

Office

83,814 SF
Availability

3 Spaces

56,000 SF
Year Built

1999
For Lease

$19.00/SF/YR
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15 Melanie Lane

15 Melanie Lane, Hanover, Whippany, NJ
Property

Industrial

243,435 SF
Availability

1 Space

18,851 SF
Year Built

1981
For Lease Contact for pricing
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100 South Jefferson Road
Bergman Real Estate Group
100 South Jefferson Road, Hanover, NJ
Services

Private Office
Amenities

Bike sharing

Business lounge

Fitness center

Game room

High-speed wifi

Lockers

Lounge area

Media center

Mother’s room

Office furniture
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2 Ridgedale Avenue

2 Ridgedale Avenue, Hanover, Cedar Knolls, NJ
Property

Office

70,400 SF
Availability

2 Spaces

3,500 SF
Year Built

1972
For Lease Contact for pricing
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14 Ridgedale Avenue

14 Ridgedale Avenue, Hanover, Cedar Knolls, NJ
Property

Office

50,400 SF
Availability

3 Spaces

3,865 SF
Year Built

1975
For Lease

$17.00/SF/YR
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Morristown North Commerce Center

45 Horsehill Road, Hanover, Cedar Knolls, NJ
Property

Industrial

146,175 SF
Availability

1 Space

6,370 SF
Year Built

1987
For Lease Contact for pricing
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Whippany Business Center - Building 1

1 Apollo Drive, Hanover, Whippany, NJ
Property

Industrial

119,593 SF
Availability

3 Spaces

39,692 SF
Year Built

1960
For Lease Contact for pricing
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4 E Frederick Pl

4 E Frederick Pl, Hanover, Cedar Knolls, NJ
Property

Office

50,500 SF
Availability

6 Spaces

44,100 SF
For Lease Contact for pricing
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7 East Frederick Place

7 East Frederick Place, Hanover, NJ
Property

Office

7,100 SF
Availability

2 Spaces

7,100 SF
For Lease Contact for pricing
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480 State Route 10

480 State Route 10, Hanover, Whippany Village, NJ
Property

Retail

4,195 SF
Availability

1 Space

4,195 SF
For Lease Contact for pricing
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Cedar Knolls Plaza

235 Ridgedale Avenue, Hanover, Cedar Knolls, NJ
Property

Retail

280,648 SF
Availability

2 Spaces

25,065 SF
Year Built

1988
For Lease Contact for pricing
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613 Route 10 East

613 Route 10 East, Hanover, Livingston, NJ
Property

Retail

7,000 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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50 Route 10

50 Route 10, Hanover, Whippany, NJ
Property

Retail

25,121 SF
Availability

1 Space

25,121 SF
For Lease Contact for pricing
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30 Leslie Court

30 Leslie Court, Hanover, NJ
Property

Industrial

16,003 SF
Availability

1 Space

16,003 SF
For Lease Contact for pricing
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Crosspointe Technology Center Bldg 1

945 State Route 10, Hanover, NJ
Property

Office

149,475 SF
Availability

2 Spaces

149,295 SF
For Lease Contact for pricing
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Crosspointe Technology Center Bldg 1

945 State Route 10, Hanover, NJ
Property

Office

149,426 SF
For Sale Contact for pricing
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52 Horse Hill Road

52 Horse Hill Road, Hanover, NJ
Property

Industrial

13,000 SF
Availability

1 Space

13,000 SF
For Lease Contact for pricing
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2 Saddle Road

2 Saddle Road, Hanover, Cedar Knolls, NJ
Property

Office

14,765 SF
Availability

2 Spaces

8,190 SF
For Lease

$23.50/SF/YR
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352 Route 10

352 Route 10, Hanover, Whippany, NJ
Property

Retail

1,740 SF
Availability

1 Space

1,740 SF
For Lease Contact for pricing
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91 S Jefferson Rd

91 S Jefferson Rd, Hanover, Whippany, NJ
Property

Office

11,620 SF
Availability

1 Space

3,000 SF
Year Built

2006
For Lease Contact for pricing
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26 Eastmans Road

26 Eastmans Rd, Hanover, NJ
Property

Industrial

21,725 SF
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Hanover commercial real estate market incorporates 1,296,921 square feet of office space across 18 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Hanover commercial real estate market includes 339,704 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Hanover market, there is a total of 691,931 square feet of industrial property.

The listing inventory in Hanover incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Hanover is represented by Office space, which accounts for 632,574 square feet of available listings. Industrial space available in Hanover adds up to 106,921 square feet.

Meanwhile, most of the listings of commercial property for sale in Hanover are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Hanover is $22.92 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Hanover can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Hanover, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $23.5 per square foot. In particular, the property type commanding the highest lease rates in Hanover was Office space.

The average size of a commercial property in Hanover depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Hanover, the average size of an office property is 81,058 square feet.
Retail properties here incorporate an average of 56,618 square feet.
Industrial space in Hanover is in buildings that are, on average 86,492 square feet in size.

Hanover, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hanover currently add up to 759,007 square feet. The market offers 15 active office listing(s), which amount to 576,574 square feet and account for 53% of commercial spaces on the market. Local retail availability includes 75,512 square feet across 6 retail space(s). Industrial space for rent opportunities in Hanover amount to 106,921 square feet across a total of 7 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	15	576,574
Retail	6	75,512
Industrial	7	106,921

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Hanover, NJ. Currently, there is 341,151 square feet of commercial property for sale here , which includes 3 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	319,426
Industrial	1	21,725

Hanover, NJ Commercial Real Estate for Lease and Sale

8 Ridgedale Avenue

Cedar Knolls Corporate Center

Jefferson Plaza

10 Park Avenue

16 Wing Drive

Woodmont Corporate Center

15 Melanie Lane

100 South Jefferson Road

2 Ridgedale Avenue

14 Ridgedale Avenue

Morristown North Commerce Center

Whippany Business Center - Building 1

4 E Frederick Pl

7 East Frederick Place

480 State Route 10

Cedar Knolls Plaza

613 Route 10 East

50 Route 10

30 Leslie Court

Crosspointe Technology Center Bldg 1

Crosspointe Technology Center Bldg 1

52 Horse Hill Road

2 Saddle Road

352 Route 10

91 S Jefferson Rd

26 Eastmans Road

Frequently Asked Questions

Hanover, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Hanover, NJ Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Hanover, NJ?

What factors affect the price of commercial real estate in Hanover, NJ?

What is the average rent for commercial space in Hanover, NJ?

What are the best areas for commercial real estate in Hanover, NJ?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Hanover, NJ?

Hanover, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us