53 Somerset St Hopewell, NJ 08525-1806

Property Details for 53 Somerset St

Construction

METAL FRAME

Lot size

0.48 lot acres

Property size

2,850 SF

Zone code

MR

Property type

Commercial real estate

APN

05 00018-0000-00015

APU

500018000000015

Description

This exceptional mixed-use property in Hopewell, NJ, presents a lucrative investment opportunity. Located at 53 Somerset Street, the 0.48-acre lot encompasses two separate commercial buildings, offering a combined 3,600 square feet of space. Building #1, a masonry and frame structure at 53 Somerset Street, features oversized bays easily accommodating four vehicles. It also includes a half bath, a separate work area with a vehicle-sized back door leading to the yard, and a versatile second-floor 1200 square foot, two-bedroom apartment. Building #2, though noted as 95 Somerset Street on mailboxes, is part of the same parcel and legally addressed as 53 Somerset Street. This 850 square foot, single-story metal commercial building offers one bay and a half bath. Both buildings benefit from fenced, stoned vehicle storage areas. The property is currently rented to long-term, local business owners, with tenants responsible for their own utilities. This property offers a strong combination of commercial rental income and residential potential, making it an ideal investment for a discerning buyer seeking a stable and profitable venture in a desirable New Jersey location. The property's versatile space and established tenancy provide immediate return on investment.

Location Insight

City

Hopewell

County

Mercer

State

New Jersey

Longitude

-74.756

Latitude

40.3941

CBSA code

45940

CBSA name

TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments