Hanover, New Hampshire
In Hanover the college is the landlord: the Trustees of Dartmouth College paid $8.29M of property tax in 2025, two and a half times the other nine largest taxpayers combined, while 39% of the town's $6.39B assessed value is tax-exempt and the Town itself holds 87 parcels and 2,146 acres.
9 buildings · 9 with an owner established · 14 sources · 5 tier B · 4 tier A · prepared 2026-11-01
New Hampshire records deeds by county: Hanover's are kept by the Grafton County Registry of Deeds, whose remote index (Fidlar's Tapestry EON) lets non-members search with a credit card. The Town's own owner-of-record database (AxisGIS, by CAI Technologies) is free to the public, but its host's robots.txt admits only Google, Bing and DuckDuckGo, so we did not read it. What the Town itself publishes is enough to see who owns the place: an annual Town Report naming the ten largest taxpayers and listing every Town- and school-owned parcel with acreage and assessment, and an Assessing 'Sales Report' listing each sale since April 2025 with date, parcel, seller, buyer, address, price and assessment.
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Dartmouth College main campus (Baker-Berry Library, the Green) Main campus, around the Green |
Institutional | Trustees of Dartmouth College Wikipedia: 'Dartmouth's 269-acre (109 ha) main campus' sits on a terrace above the Connecticut River; 'Dartmouth is the largest private landowner of the town of Hanover'. Baker Library's tower 'stands 200 feet above campus' (Baker-Berry page). The Town Report lists the Trustees of Dartmouth College as Hanover's largest taxpayer in 2025 ($8,285,147), though most campus property is exempt: the Town carries $2.47B of non-taxable assessed value. Parcel values were not read (AxisGIS robots-blocked). |
Institution | —B |
| Hanover Inn The Green, Hanover |
Hotel | Trustees of Dartmouth College Dartmouth's own news release (7 Nov 2010): the Board of Trustees 'reviewed and approved a proposed program of renovations and improvements to the Hanover Inn'; 'The estimated $13 million construction cost will require no new operating funds from the College, as financing for the project will be supported by existing funds and future revenue growth from the Inn'; renovations would add 16 guest rooms. Later reports of a ~$41M final cost (The Dartmouth) could not be opened (robots). Ownership is inferred from the College financing the work, so tier B; no parcel record read. |
Institution | —B |
| Ledyard Court condominium (West Wheelock corridor) 18-22 W Wheelock St |
Residential | Trustees of Dartmouth College Town Sales Report: parcels 33-73-1 to 33-73-11 at 18, 20 and 22 W Wheelock St all passed to 'Dartmouth College, Trustees of' between 29 May and 7 Jul 2025 - six from Sun Hill Ledyard Court LLC and five from individual owners at $461,470-$778,800 each. Dartmouth also bought four units at 23 W Wheelock St ($675,000 each, Apr 2025-Apr 2026). The Town Report says design work on the West Wheelock corridor continued 'in partnership with Dartmouth College', and Public Works notes a Dartmouth Student Housing Project at 25 W Wheelock and 'future housing at 37/43 West Wheelock'. |
Institution | $4,331,070 2025-05-29 Price the Town's Sales Report lists against each of six units bought from Sun Hill Ledyard Court LLC that day (likely one combined sale). A |
| Hood Museum of Art and Hopkins Center for the Arts 4 E Wheelock St (Hopkins Center) |
Institutional | Trustees of Dartmouth College Wikipedia: 'The Hood Museum of Art is an art museum owned and operated by Dartmouth College'; it reopened 26 Jan 2019 after an expansion by Tod Williams Billie Tsien Architects. The connected Hopkins Center opened in 1962 on a footprint of 'four and a half acres'. |
Institution | —A |
| Buddy Teevens Stadium at Memorial Field 4 Crosby St |
Institutional | Trustees of Dartmouth College Wikipedia: 'In 1923, the college built Memorial Field'; capacity about 11,000 (down from 22,000 before renovation); renamed for coach Buddy Teevens in October 2024. Owner is the College as builder; no parcel record read. |
Institution | —B |
| Hanover Town Hall 41 S Main St |
Civic | Town of Hanover Town Report 'Town-Owned Properties as of December 31, 2025': parcel 34-4-1, 41 South Main St, 1.26 acres, total assessment $8,185,900. Public Works reports a new electrical service and standby generator for Town Hall in FY2025. |
Government | —A |
| Hanover High School 41 Lebanon St |
Institutional | Hanover School District Town Report Town-owned list: parcel 34-68-1, 41 Lebanon St, owner Hanover School District, 28.26 acres, assessment printed as '57.243.200' (i.e. $57,243,200) - the highest-assessed public parcel on the list. The interstate Dresden School District (Hanover with Norwich, Vermont, per Wikipedia) owns 63 Lyme Rd, 22.85 acres, $31,000,900. |
Government | —A |
| Kendal at Hanover Hanover (street address not read) |
Residential | Kendal at Hanover Kendal's own page: 'an accredited, not-for-profit Life Care community', 'home to 400 residents', about 300 staff, on a '65-acre campus in Hanover'. The Town Report ranks Kendal at Hanover second among 2025 taxpayers at $1,460,013. Street number not read on the pages opened. |
Institution | —B |
| Cold Regions Research and Engineering Laboratory (CRREL) 72 Lyme Rd |
Institutional | U.S. Army Corps of Engineers (United States) Wikipedia: 'Having built a new facility for the combined SIPRE and AFCEL organizations, the Corps established CRREL on 1 February 1961 in Hanover, New Hampshire'; address 72 Lyme Road. Federal ownership rests on the Corps building the facility; no deed or parcel record read. |
Government | —B |
The core land
The most valuable ground in the city, and what the public record says about it.
Values are the Town's 2025 assessments after the 2025 town-wide revaluation (the Town moved its five-yearly revaluation up a year). Public parcels are from the Town Report's Town-owned list; private parcels could not be ranked because the AxisGIS roll is robots-blocked.
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Hanover's land is held overwhelmingly by public and non-profit owners: Dartmouth College (the largest private landowner, per Wikipedia), the Town and its Water Department, two school districts, a non-profit retirement community and the federal Army laboratory. The Town Report values $2.47B of the town's $6.39B assessed base (39%) as non-taxable. Town and school figures are summed from the Town Report's 'Town-Owned Properties as of December 31, 2025' list; private parcel counts could not be made because the Town's AxisGIS roll is robots-blocked.
| Name | Type | Parcels / acres / assessment |
|---|---|---|
| Trustees of Dartmouth College Wikipedia: 'Dartmouth is the largest private landowner of the town of Hanover'; outside Hanover it also owns 4,500 acres of Mount Moosilauke and the 27,000-acre Second College Grant (not on Hanover's roll). The Town's Sales Report shows 'Dartmouth College, Trustees of' as buyer in 18 of the roughly 200 sales listed from 1 Apr 2025 to 31 Aug 2026, mostly condominium units on W Wheelock St. Its Real Estate Office also holds Repurchase Options on many faculty-owned homes (about 200 released since 1995). |
Institution | 269-acre main campus; largest 2025 taxpayer ($8,285,147)B |
| Town of Hanover Town Report list as of 31 Dec 2025. Largest by area: 66 Tunis Rd, 613 acres ($306,500); 110 Greensboro Rd, 157.9 acres; 80 Goss Rd and 146 Wolfeboro Rd, 125 acres each. Largest by value: 121 Pine Knoll Dr, 27 acres, $21,580,300; 13 South St, $13,529,300; 46 Lyme Rd, $9,748,500; 48 Lebanon St, $8,913,700; 41 S Main St (Town Hall), $8,185,900. The Conservation Commission 'stewards 39 Town-owned conservation properties and monitors 24 conservation easements'. |
Government | 87 parcels, 2,145.6 acres, $103.8MA |
| Hanover Water Department (Town of Hanover) Town Report list: 41 Grasse Rd, 178.8 acres, $9,712,200; the distribution system and rights of way, $7,256,800; 331 Hanover Center Rd, 39 acres; 92 Lebanon St, 4.6 acres, $1,126,200. |
Government | 9 parcels, 224.3 acres, $19.5MA |
| Hanover School District Town Report list: 41 Lebanon St, 28.26 acres, $57,243,200 (printed '57.243.200'); 26 Reservoir Rd, 35 acres, $35,128,300. |
Government | 2 parcels, 63.3 acres, $92.4MA |
| Dresden School District Town Report list: 63 Lyme Rd, 22.85 acres, $31,000,900. Wikipedia: the district joins Hanover and Norwich, Vermont - 'the first and one of the few interstate school districts in the nation'. |
Government | 1 parcel, 22.85 acres, $31.0MA |
| Kendal at Hanover Kendal's own page: not-for-profit Life Care community, 400 residents, about 300 staff, 65-acre campus in Hanover. Tax figure from the Town Report's Ten Largest Taxpayers. |
Institution | 65-acre campus; 2025 taxpayer #2 ($1,460,013)B |
| U.S. Army Corps of Engineers (CRREL) Wikipedia: the Corps built the facility and established CRREL in Hanover on 1 Feb 1961. Federal; no roll figure available to us. |
Government | Laboratory campus at 72 Lyme Rd (acreage not read)B |
| Granite State Electric Company Town Report: Ten Largest Taxpayers and the 2025 Summary of Assessments line 'Public Utilities - Electric $22,990,100' (that line covers all electric utility property, not only this company). Dartmouth's Real Estate Office names the electric provider as 'Liberty Electric'; the corporate link was not read. |
Public company | 2025 taxpayer #5 ($283,164); electric utility taxable value $22,990,100A |
| Hanover Conservancy Town Sales Report: Hanover Conservancy bought 6 Iby Rd for $350,000 on 9 Jul 2025 (assessed $1,395, i.e. land in a low-value use) and sold a lot at 137 Three Mile Rd for $75,000 on 24 Jun 2025. The Town Report says the Conservation Commission worked with the Conservancy and Upper Valley Land Trust to protect Kendall Field and Hewes Brook Forest. Total holdings not established. |
Institution | Buyer of 6 Iby Rd, $350,000 (9 Jul 2025)A |
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Hanover builds very few homes and no volume builder appears in anything we read. The Census Bureau counts 12 units permitted in 2024 (7 single-family, plus one 5-unit building) and 5 in 2025, but the Town reported no months in either year, so both are Census imputations. The real new supply is Dartmouth's: the Planning Board approved 'a new 80-unit multi-family building' at 25 West Wheelock in FY2025, with 'future housing at 37/43 West Wheelock'. The Town Report calls workforce housing 'one of Hanover's most complex and urgent challenges'.
| Name | Type | Units |
|---|---|---|
| Trustees of Dartmouth College Town Report Planning Board list: '25 West Wheelock - new 80-unit multi-family building'; Public Works mentions the 'Dartmouth Student Housing Project located at 25 West Wheelock and the future housing at 37/43 West Wheelock'. Dartmouth's Real Estate Office: Sugarwood Circle, staff-only market-rate rentals, 'a total of 21 units when the project is complete', rentals from January 2026, full build-out expected July 2026 (the page does not name the town). |
Institution | 80 units approved (25 W Wheelock); 21-unit Sugarwood CircleB |
| Hanover (all builders) - Census permits Census Building Permits Survey, Hanover town (MCD 33860): 2024 - 7 single-family units ($5.81M) and 1 building of 5+ units holding 5 units ($638,889); 2025 - 5 single-family units ($4.15M). Months reported: 0 both years, so Census imputed the figures. |
Private company | 12 units (2024); 5 units (2025), both imputedA |
| TLL Alteria LLC Town Sales Report: Altaria Lebanon Park LLC sold 5 and 15 Hollenbeck Ln to TLL Alteria LLC on 19 Dec 2025, each line showing $1,600,000 with assessments of $3,644 and $5,937 (land in current use). Who stands behind the LLC and what it will build is not stated. |
Developer | 2 lots, $1.6M (19 Dec 2025)A |
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
No REIT shows in anything we could read. The commercial owners the Town names are its ten largest taxpayers for 2025: after Dartmouth and Kendal come a Dartmouth-linked downtown holding company, the manufacturer Hypertherm, the electric utility, two realty trusts, and LLCs holding a hotel, a senior-living community and other property. Taxable commercial/industrial land and buildings were assessed at $972.7M in 2025. Figures are 2025 property tax paid, not floor area, because the parcel roll is robots-blocked.
| Name | Type | 2025 property tax |
|---|---|---|
| Trustees of Dartmouth College (Real Estate Office) Real Estate Office: 'We manage approximately 350,000 square feet of retail, office, and industrial space in Hanover and Lebanon'; current listings include downtown retail at 70 South Main Street, Hanover. It also offers about 150 employee rental units and nearly 60 graduate apartments 'throughout downtown Hanover'. Tax figure: Town Report. |
Institution | $8,285,147; ~350,000 sq ft commercial space managedB |
| South Street Downtown Holdings Inc. Town Report, 2025 Ten Largest Taxpayers (#3). Search results show The Dartmouth (2013) describing it as a subsidiary of Dartmouth's real estate office, but that site's robots.txt bars us, so the link is not established here. |
Institution | $336,881A |
| Hypertherm Inc. Town Report, 2025 Ten Largest Taxpayers (#4). Wikipedia's Hanover article lists Hypertherm, White Mountains Insurance Group and Daat Research among companies 'based in Hanover'. |
Private company | $335,671A |
| Red Barn Trust Town Report, 2025 Ten Largest Taxpayers (#6). Holdings not read (roll blocked). |
Private company | $244,661A |
| Bridgman Realty Trust Town Report, 2025 Ten Largest Taxpayers (#7). Holdings not read (roll blocked). |
Private company | $193,117A |
| KCC Properties 8 Resr LLC Town Report, 2025 Ten Largest Taxpayers (#8). |
Private company | $163,534A |
| Hanover Hospitality LLC Town Report, 2025 Ten Largest Taxpayers (#9). Which hotel it holds was not established. |
Private company | $157,503A |
| Terrace Communities Hanover LLC Town Report, 2025 Ten Largest Taxpayers (#10). Search results tie it to the Wheelock Terrace senior-living community (not opened). |
Private company | $152,838A |
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Parcel-level owners, values and sale histories for every private and Dartmouth parcel: the Town's AxisGIS database (axisgis.com/HanoverNH) is barred to us by robots.txt, so no parcel counts by owner were made.
- Whether South Street Downtown Holdings Inc. is a Dartmouth subsidiary (search shows a 2013 Dartmouth student-newspaper report saying so; that host bars us).
- The Hanover Inn's final renovation cost (~$41M per The Dartmouth; ~$43M per Historic Hotels of America) - neither page could be opened.
- Which properties Red Barn Trust, Bridgman Realty Trust, KCC Properties 8 Resr LLC and Hanover Hospitality LLC hold.
- Grafton County Registry of Deeds per-search fee (Tapestry EON) - not stated on the County page read.
- Acreage of CRREL and of Dartmouth's Hanover holdings beyond the 269-acre main campus.
Sources
- Town of Hanover Annual Report for the Fiscal Year Ended June 30, 2025 (Tax Collector, Assessing: Summary of Assessments, Ten Largest Taxpayers, Town-Owned Properties as of December 31, 2025) — Town of Hanover, NH · openA
- Assessing Department - Sales Report, sales 4-1-25 to 8-31-26 (PDF) — Town of Hanover, NH Assessing Department · openA
- Assessing Department (links to Online Property Database at axisgis.com/HanoverNH, Sales Report, Power BI analytics, Tax Maps) — Town of Hanover, NH · openA
- Register of Deeds (points to nhdeeds.org; Tapestry EON remote search, non-member searching by credit card) — Grafton County, NH · openA
- Dartmouth College — Wikipedia · openA
- Hanover, New Hampshire — Wikipedia · openA
- Dartmouth Trustees Elect Annette Gordon-Reed '81 to Board (Board also approves Hanover Inn renovation), 7 Nov 2010 — Dartmouth College News · openA
- Hood Museum of Art — Wikipedia · openA
- Memorial Field (Dartmouth) - Buddy Teevens Stadium at Memorial Field — Wikipedia · openA
- Cold Regions Research and Engineering Laboratory — Wikipedia · openA
- Campus - Kendal at Hanover — Kendal at Hanover · openA
- Dartmouth Real Estate Office (home; Commercial Lease Properties; Graduate Rentals; Sugarwood Circle FAQ; Repurchase Options) — Trustees of Dartmouth College · openA
- Building Permits Survey, annual place files ne2024a.txt and ne2025a.txt (Hanover town, NH, FIPS MCD 33860) — U.S. Census Bureau · openA
- Baker-Berry Library — Wikipedia · openA