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5-Unit Mixed-Use Property
New
For Sale
$1,400,000

103 Claremont Rd, Bernardsville, NJ 07924

Two commercial spaces accompany three apartments, with separate utilities and individual residential entrances.

Property SizeContact for details
Days on Market4

Property Features for 103 Claremont Rd

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $14,734

Amenities

Baseboard, Electric, Natural Gas
Finished
Gravel, Shared Driveway
3-Three Story

Building Details

Year Built 1891
Stories 3
Listing Agency: Keller Williams Towne Square Realty
Listed By: MICHELE KLUG
Source: Evrealestate
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 1 at 4:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Towne Square Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property combines a standalone commercial building with another commercial space in the main building, along with three apartments. The residential units include a two-bedroom apartment, a one-bedroom apartment, and a two-bedroom residence arranged across two levels with a private balcony. Each apartment has its own entrance, and the apartments have been updated. Utilities are separate.

A driveway runs between the buildings, which sit on a corner lot. The property was built in 1891. Public transportation and local dining are a two-minute trip away. The location has a Walk Score of 77 and a Bike Score of 42.

Key Highlights

  • 5 units: two commercial spaces and three apartments
  • Three apartments: two 2‑bedroom units and one 1‑bedroom unit
  • Third‑floor apartment spans two levels and includes a private balcony

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GEORGE'S BARBER SHOP Barber Shop FWH Associates, P.A. Engineering Consultant Trident Environmental Environmental Consultant

Suggested Use

Top Pick Auto Parts Store Storage Facility Daycare Center Law Firm Big Box & Wholesale Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

Demographics for 07924, NJ

7,650
Population
2,683
Households
2.9
Avg Household Size
41
Median Age
69%
College-Educated
93%
High-School Grad
12.0 sq mi
ZIP Area
638
Density / Sq Mi
$230,752
Median Household Income
$74,760
Median Earnings
$2,155
Median Rent
$733,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces accompany three apartments, with separate utilities and individual residential entrances.
Where is this mixed-use property located?
The property is located at 103 Claremont Rd Bernardsville, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5 units: two commercial spaces and three apartments; Three apartments: two 2‑bedroom units and one 1‑bedroom unit; Third‑floor apartment spans two levels and includes a private balcony
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