1377 Millstone Riv Rd Hillsborough, NJ 08844-5137

Property Details for 1377 Millstone Riv Rd

Year built

1925

Construction

FRAME

Lot size

0.54 lot acres

Property size

4,123 SF

Zone code

HB

Property type

Commercial real estate

APN

12 00003-0000-00004

APU

1200003000000004

Description

This exceptional investment opportunity presents a freestanding, three-unit mixed-use building ideally situated on a traffic light corner in Hillsborough Township, New Jersey. The property boasts a total of 3,232 square feet and includes a ground floor liquor store currently under a 15-year NNN lease at $3,300 per month, with annual rent increases. Adding to the income stream are two residential units: a three-bedroom apartment renting for $2,400 per month and a one-bedroom apartment on the second floor. The property is zoned VC and benefits from a sizable additional lot (120x92 feet) providing ample parking. This location offers excellent visibility and accessibility, making it an attractive investment. The asking price is $1,100,000. Historically significant, this site was once home to the Somerset County Clerk's Office, adding a unique element to this already compelling investment opportunity. The property is located at 1377 Millstone River Road (Main Street), Hillsborough Township, NJ 08844.

Location Insight

City

Hillsborough

County

Somerset

State

New Jersey

Longitude

-74.588

Latitude

40.503

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments