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Hanover

Hanover

Located in Morris County

$760,278 Average Value
$372 Average Price per Sq Ft
1 Home For Sale

Suburban Hanover has community parks and access to Morristown

The suburban township of Hanover sits at the intersection of Morris County’s major highways. This location serves as a nice landing spot for Big Apple commuters, and there are also several large offices in the area for people working locally. The busy Interstate 287 separates smaller neighborhoods, such as Cedar Knolls and Whippany, from one another, and though Hanover has parks and local restaurants, the popular Morristown to the south is a bigger stop for shopping, dining and access to New Jersey Transit.

Postwar suburban homes with low property taxes in Morris County

The median sale price for a home in Hanover is $701,000, slightly higher than the median sale price for Morris County. But residents experience lower costs elsewhere. “There are lower property taxes here compared to many of the surrounding areas,” says Lois DeCaro, a Hanover local and associate broker with Fathom Realty NJ LLC. Hanover residents benefit from some of the lowest average property taxes in Morris County, including neighboring communities like Florham Park Borough and Morris Plains Borough.

Within Hanover, different communities offer different housing options and personalities. Cedar Knolls has a straightforward blend of Cape Cods, split-levels and ranch-style homes built from the 1950s through the early 2000s. Across I-287 in Whippany is a more diverse mix of single-family homes, new-construction townhouses and condo communities.

I-287 business corridor and Manhattan commute options

Manhattan is a 32-mile drive east along New Jersey Route 3 or Interstate 280. Newark Liberty International Airport is around 22 miles east and offers domestic and international flights. The Morris Plains and Morristown New Jersey Transit stations are less than 5 miles from home, so commuters can take Midtown Direct Line trains to Penn Station in just over an hour. “People here work all over,” says DeCaro. “Many take Midtown trains, but there are so many major corporations around here, so the job market serves as another benefit to buying here.” I-287 serves as a nearby business corridor, home to Whippany's offices for the Bayer Corporation and Barclays.

Hiking at Central Park and Bee Meadow Park

In Central Park, residents can stroll along a nature trail beside a churning creek, play soccer on the field or work out at the outdoor exercise area. Malapardis Park in Cedar Knolls has a playground and a scenic fountain lake with benches. Bee Meadow Park in Whippany has nature trails and fishing ponds. It's also a regional landmark, as it was built on the site of a 19th-century brickyard.

Local shopping options and downtown Morristown next door

The Cedar Knolls area has a Walmart and a ShopRite for groceries. To the east in Whippany is a corridor of local businesses along New Jersey Route 10. Whippany Diner offers Mediterranean brunch dishes, while Trattoria Toscana serves Italian classics and craft cocktails. “We’re also next door to Morristown with a vibrant downtown full of shops, restaurants, clubs and a farmers market,” says DeCaro. Morristown is a couple of miles south, where locals can get tikka masala and chili chicken from Chakra Indian Cuisine, cocktails with surf-and-turf at 1776 Morristown, or pork buns and sushi at Ju-Ichi Japanese Restaurant.

Hanover Township School District for K-8, another for high school

Hanover Township School District teaches kindergarten through eighth-grade students. Depending on their home address, kindergarten through fifth-grade students can attend either Bee Meadow School, which gets a B-plus from Niche, A-minus-rated Mountview Road School or A-minus-rated Salem Drive School. Memorial Junior High School receives a B-rating. Students in Hanover attend Whippany Park High School, one of two total schools in the Hanover Park Regional High School District. Whippany Park High earns an A-minus and offers the Senior Service Project Program, which allows rising seniors to do community service projects before graduation.

Maxwell Olarinde
Written By
Maxwell Olarinde

Interested in learning more about homes in this area? Reach out to Armene Abbattista, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Hanover Housing Trends

Housing Trends

Median List Price
$1,300,000
Median Single Family Sale Price
$1,300,000
Last 12 months Home Sales
0
Average Price Per Sq Ft
$372

Neighborhood Facts

Number of Homes in Neighborhood
37
Number of Homes for Sale
1
Median Year Built
2013
Average Single Family Home Size Sq Ft
3,114
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,055

Open Houses

  • Sunday, Aug 10
    Open Sun 1PM - 3PM

    105 Poplar Dr, Cedar Knolls, NJ 07927

    $1,100,000

    • 4 Beds
    • 4 Baths
    • 105 Poplar Dr
    • New 4 days ago

    This turn key colonial gets 5 Stars! Exudes elegance and sophistication at every turn. 4-bedroom, 2 full, 2 half baths perfectly curated for luxurious living and entertaining. Be welcomed by a beautifully designed foyer. As you step into the heart of this home the expanded kitchen boasts breakfast area w vaulted ceilings that create an airy ambiance. Indulge in the SS appliances, double oven &

    Jacqueline Scura COMPASS OF NEW JERSEY

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  • 9 Kenneth Rd, Morris Plains, NJ 07950

    $615,000

    • 4 Beds
    • 2.5 Baths
    • 9 Kenneth Rd
    • New 8 days ago

    Unleash your imagination in a rare opportunity to craft the residence you've always envisioned. Tucked away on a picturesque, tree-lined street, this private 0.47 acre oasis, embraced by mature trees, is more than just a home; it's a blank canvas. This is your chance to design a lifestyle, not just a house. A bright living room is open to an adjoining dining room which flows into the eat-in

    Saritte Harel KELLER WILLIAMS REALTY

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  • Saturday, Aug 9
    Open Sat 2PM - 4PM

    16 Slope Dr, Cedar Knolls, NJ 07927

    $899,000

    • 4 Beds
    • 2.5 Baths
    • 16 Slope Dr
    • New 8 days ago

    Welcome home to this well maintained, lovingly cared for colonial style home, situated on about a third of an acre, and tucked back in a quiet neighborhood in town. The versatile floor plan on level one flows easy. The open foyer welcomes all who enter. Natural light fills every room and there are beautiful hardwood floors throughout. The living room, currently used as their dining room is

    BERNADETTE SUSSMAN KELLER WILLIAMS REALTY

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Hanover Has More Owners

Demographics

Total Population
14,731
Median Age
47
Population under 18
20.3%
On par with the national average
23.8%
Population over 65
23.4%
On par with the national average
19.1%

Finances

Median Household Income
$141,469
Significantly above the national average
$71,702
Average Household Income
$166,036

Education and Workforce

High School Graduates
95.7%
College Graduates
57.1%
Above the national average
34.1%
Advanced Degrees
25.7%
Above the national average
13.3%
% Population in Labor Force
72.3%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
19°F
Average Summer High Temperature
85°F
Annual Snowfall
16''

Area Factors

Somewhat Bikeable

Bike Score®®

35 / 100

Car-Dependent

Walk Score®®

15 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Hanover