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    16 Peapack Rd Far Hills, NJ 07931

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    For Lease
    $3,000 /Mo

    Convertible retail space near NYC train station, Far Hills.

    Lot size:
    0.34 Acres

    Property Features for 16 Peapack Rd

    General Information

    Standard status
    Active
    Lot size
    0.34 Acres

    Building Details

    Year built
    1940

    Source: GAUTAMS REALTY Agent SREERANGARAMA VARADARAJAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Far Hills Office/Retail Conversion Opportunity

    This 1,716 square foot space is located in Far Hills, New Jersey, one block from the NYC train station. Currently configured as a retail store, the property can be converted to office space, making it suitable for a small business owner seeking office premises. An unfinished basement provides storage options. Ample street parking is available. The tenant is responsible for snow removal and must maintain tenant insurance. Note that medical offices and food businesses are not permitted. The property is approved for professional office space; other uses will require a variance for change of use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Joseph D'Apolito & Son Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Far Hills
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6382229
    Latitude
    40.684393

    FAQs

    What type of property is this?
    Office space - Convertible retail space near NYC train station, Far Hills.
    Where is this office space located?
    The property is located at 16 Peapack Rd Far Hills, NJ.
    What are key features of this property?
    This property features: - High visibility location in Far Hills, NJ.; - One block from the NYC Train station.; - Existing 1,716 sq. ft. retail store convertible to offices.
    (732) 404-1800
    Request Owner's contact information
    16 Peapack Rd Far Hills, NJ 07931
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    Far Hills, NJ 07931
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    Realmo Value Estimation

    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.

    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.

    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
    16 Peapack Rd Far Hills, NJ 07931
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