Two-Unit Office Building with
305 W Main St, Boonton, NJ 07005
Commercial - Boonton Town, NJ
Property size:
4,690 SFLot size:
0.37 AcresPrice / SF:
$277/SF- Added:
- Apr 20, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 7 at 6:06 pm
Property Features for 305 W Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Parking
- 15
- Parking features
- Parking Lot
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 4,690 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15651
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
- Cooling system
- Central Air, Multi Units
Building Details
- Year built
- 1880
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent CLAUDIA PATTERSON (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY ROAD, Montclair, NJ (866) 201-6210
Listing date Apr 20, 2026
MLS# 4021781
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4,690 SF commercial building in Boonton’s business district, built in 1880
- Configured as 2 separate units with private entrances and multiple office/reception spaces
- Includes kitchen facilities, conference rooms, and adaptable layouts for a range of business uses
- 15 private on‑site parking spaces (parking lot)
- Recent improvements include a new fire suppression system, updated windows, and an improved driveway
- Zoning permits medical, professional, retail, vocational, salon/spa, and service‑oriented uses; mixed‑use may be possible with town approvals
Overview
This commercial property totals 4,690 square feet and is configured as two separate units, each with its own private entrance. The interior includes reception areas, private offices, conference rooms, dedicated workspaces, and kitchen facilities, along with adaptable layouts to support a range of professional and service uses. Recent improvements include a new fire suppression system, updated windows, and an improved driveway.
The property is located at 305 W Main St in Boonton Town, within the downtown business district. It offers 15 private on-site parking spaces, supporting convenient access for employees and clients. The surrounding area includes established businesses, medical offices, and a strong residential base, with downtown shopping and dining and NYC transportation within walking distance.
With Commercial zoning, the property may support a variety of uses, including medical, professional, retail, vocational, and service-oriented businesses such as salon and spa. Owner-occupants and investors seeking the flexibility of a multi-unit setup may find the layout practical for operating one unit while using the other for additional business, staff, or services, subject to town approvals for any mixed-use plans.
The property is located at 305 W Main St in Boonton Town, within the downtown business district. It offers 15 private on-site parking spaces, supporting convenient access for employees and clients. The surrounding area includes established businesses, medical offices, and a strong residential base, with downtown shopping and dining and NYC transportation within walking distance.
With Commercial zoning, the property may support a variety of uses, including medical, professional, retail, vocational, and service-oriented businesses such as salon and spa. Owner-occupants and investors seeking the flexibility of a multi-unit setup may find the layout practical for operating one unit while using the other for additional business, staff, or services, subject to town approvals for any mixed-use plans.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.7k | $30.00 |
| − Vacancy | −$45.0k | −$9.60 |
| EGI | $95.7k | $20.40 |
| − OpEx | −$23.9k | −$5.10 |
| NOI | $71.8k | $15.30 |
4,690 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$897.0K – $1.20M
NOI $71,757 @ 7.0% cap · market cap 5.52%
Second Best
Healthcare Medical
$997.6K
$872.9K – $1.16M
NOI $69,832 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,726 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Boonton
- County
- Morris
- State
- New Jersey
- Longitude
- -74.42311
- Latitude
- 40.90706
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Well-maintained commercial property with two separate office units, private entrances, and ample on-site parking.
Where is this office units located?
The property is located at 305 W Main St Boonton, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,690 SF commercial building in Boonton’s business district, built in 1880; Configured as 2 separate units with private entrances and multiple office/reception spaces; Includes kitchen facilities, conference rooms, and adaptable layouts for a range of business uses
