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Property profile

1370 Main St Hillsborough, NJ 08844

OFF-MARKET
Commercial real estate
3,809 SF 0.8 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 3,809 square foot commercial building presents a remarkable investment opportunity in Hillsborough, NJ. Situated on a 0.8-acre lot at the corner of a traffic-controlled intersection, this property boasts unparalleled visibility and accessibility. Previously utilized as a bank, the building features a versatile floor plan ideal for a variety of commercial uses. The main floor showcases an open-concept design, complemented by a private office and a secure vault. The second floor provides several separate office suites and multiple bathrooms, offering flexibility for diverse business needs. Constructed of durable brick, the building is well-maintained and offers ample on-site parking for employees and clients. Two distinct entrances and exits enhance convenience and traffic flow. Its strategic location provides easy access to nearby towns including Manville, Franklin Township, and Hillsborough, with convenient proximity to Route 206. The property's high visibility, ample parking, and flexible layout make it an attractive option for businesses seeking a prominent presence in a thriving community. The Hillsborough mailing address adds to its appeal. This is a rare opportunity to acquire a well-positioned commercial property with significant potential.

Property profile

Verified
Property type Commercial real estate
Year built 1960
Total area 3,809 SF
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1370 Main St Hillsborough, NJ 08844
Hillsborough metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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