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    570 Allen Rd Basking Ridge, NJ 07920

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    For Lease
    $24 SF/Yr

    4,020 SF retail space available for lease immediately.

    Property size:
    60,806 SF
    Lot size:
    60,806 SF

    Property Features for 570 Allen Rd

    General Information

    Size
    60,806 SF

    Source: Sara Soliman Agent Sara Soliman

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

    Overview

    Retail Space in Highlands Village

    A 4,020 square foot retail space is available for lease at Highlands Village Center. The building size is 60,806 square feet on 11.14 acres. The location is less than 2 miles from Exit 33 off I-78 and approximately 1 mile from Liberty Corner Road; Exit 22 off I-287 (Pluckemin-Bedminster), offering easy access to Route 202-206. Highlands Village Center is situated in "The Hills," encompassing both Bernards Township (Basking Ridge) and Bedminster in Somerset County. "The Hills" is a master-planned community that includes 4,728 homes situated on 1,800 acres of land. The space is available immediately and a division of the space is possible. There are 359 surface parking spaces available. The traffic count was 6,383 vehicles daily on Allen Road in 2020. The estimated real estate taxes for 2025 are $2.42 per square foot, and the estimated operating expenses for 2023 are $8.43 per square foot.
    Location Intelligence

    Current Use by Public Records

    Spa Seacrets Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Pharmacy Accounting Firm Wholesale Shop

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

    Similar Places Nearby

    The Highlands Village Center

    Location Insight

    • Map
    • Local Demand
    City
    Basking Ridge
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.611627
    Latitude
    40.652558

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    FAQs

    What type of property is this?
    Shopping center - 4,020 SF retail space available for lease immediately.
    Where is this shopping center located?
    The property is located at 570 Allen Rd Basking Ridge, NJ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location in "The Hills" master-planned community with 4,728 homes.; - Excellent Accessibility: Less than 2 miles from I-78 and approximately 1 mile from I-287.; - Immediate Availability: 4,020 SF available for lease.
    (908) 247-2874
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    570 Allen Rd Basking Ridge, NJ 07920
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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
    570 Allen Rd Basking Ridge, NJ 07920
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