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    56 Old Route12 Frenchtown, NJ 08825

    View on Map
    For Sale
    $1,250,000

    CommercialSale - Kingwood Twp., NJ

    Property size:
    9,600 SF
    Lot size:
    22.20 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    41
    Last Refresh:
    Apr 2 at 3:06 am

    Property Features for 56 Old Route12

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    50
    Standard status
    Active
    Size
    9,600 SF
    Lot size
    22.20 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    14210

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    2007
    Number of units
    3
    Flooring type
    Carpet, Concrete, Tile, Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    A. Dino Braz

    Listing agent A. Dino Braz

    Listing office BHHS Fox & Roach Hunterdon County Regional Office 54 Old Highway 22, NJ

    Listing date Feb 20, 2026

    MLS# 4010735 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Kingwood Twp. Mixed-Use Property

    This unique 22.2-acre property in Kingwood Twp., NJ, offers a blend of commercial and residential opportunities. The property includes 5,040 square feet of commercial space on the ground level, suitable for various uses. The oversized space can accommodate 12+ vehicles and features a car lift and three-phase electric, making it ideal for car collectors, contractors, or owner-operators. It is well-suited for workshop, fleet, or specialty storage. The commercial space can accommodate a half or full bath and a washer/dryer. A separate entrance leads to an office suite with a full bath, kitchen, bedroom, and a 14x14 deck. Ample on-site parking is available for 50+ vehicles, enhancing the property's adaptability for equipment storage, gatherings, or business-related use. The property also features a custom-built 4-bedroom, 2.5-bath Colonial home set back to ensure privacy. The home includes open-concept living spaces (42' x 42'), a dramatic two-story foyer, and a 20x20 deck overlooking a stream. Designed for entertaining and seamless indoor-outdoor living, the home features large bedrooms (16x16) and an exceptionally large master bedroom and bath (42x16). The property is located minutes from the Delaware River, Frenchtown, Historic Flemington, Lambertville/New Hope, and Phillipsburg/Easton, and less than 1.5 hours from NYC & Philadelphia. The property offers multiple options for horses, farm animals, or crops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom Accounting Firm Grocery & Convenience Store HVAC Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frenchtown
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.988963
    Latitude
    40.516947

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    FAQs

    What type of property is this?
    Mixed-use property - Unique 22-acre property with commercial space and residential home.
    Where is this mixed-use property located?
    The property is located at 56 Old Route12 Frenchtown, NJ.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 5,040 sq ft commercial space equipped with a car lift and three‑phase electric, suitable for 12+ vehicles, workshop, fleet, or specialty storage.; 22‑acre property offering privacy and flexibility for various uses, including potential for horses, farm animals, or crops.; Custom‑built 4‑bedroom, 2.5‑bath Colonial home with open‑concept living spaces and a two‑story foyer.
    (908) 285-0263
    We can help!
    Listing Contact
    A. Dino Braz
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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