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    194 Nj-31 Flemington, NJ

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    For Lease
    $26 SF/Yr ($4,218 /Mo)

    Professional medical/office suite for lease near Hunterdon Medical Center.

    Property size:
    1,947 SF
    Lot size:
    3.15 Acres

    Property Features for 194 Nj-31

    General Information

    Size
    1,947 SF
    Lot size
    3.15 Acres

    Source: The Kislak Company Agent Peter Wisniewski

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

    Overview

    Medical/Office Suite Near Hospital

    A 1,947 square foot professional medical/office suite is available for sublease or long-term lease at Pavilions II, situated directly across from Hunterdon Medical Center and adjacent to CVS within the Pavilions Medical Park. The building benefits from high visibility, fronting State Highway 31. Its location provides convenient access to I-78, Flemington Circle, Route 202, and Route 22. Current tenants include Atlantic Health System Goryeb Children's Hospital, Hunterdon Healthcare, Kessler, MJ Podiatry, Physicians Ancillary Services, LLC, Rheumatology Center of New Jersey, and Fulton Bank. The property features city water and sewer services, along with a gas-fired split system for climate control. Parking is available at a ratio of 5 spaces per 1,000 rentable square feet. Taxes for 2021 were $4.46 per square foot, and CAM charges and management fees for 2021 totaled $6.31 per square foot. The lease rate is $26.00 per square foot on a triple net lease basis.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Flemington Veterinary Hospital, Clover Hill Animal Hospital, Voorhees Corner Vet Clinic, Tindall Chadd B DVM, Pacifico Gregg a DVM

    Map

    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.8593318
    Latitude
    40.5123258

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    FAQs

    What type of property is this?
    Medical office - Professional medical/office suite for lease near Hunterdon Medical Center.
    Where is this medical office located?
    The property is located at 194 Nj-31 Flemington, NJ.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Directly opposite Hunterdon Medical Center offering high visibility.; - Located in Pavilions Medical Park next to CVS, a professional medical/office environment.; - Convenient access to I-78, Flemington Circle, Rt. 202, and Rt. 22.
    (732) 750-3000
    Request Owner's contact information
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    Flemington, NJ
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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
    194 Nj-31 Flemington, NJ
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