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    425 Us Hwy, Unit 206 Hillsborough, NJ

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    For Lease
    Contact for pricing

    Former bank building or redevelopment site in high-traffic retail corridor.

    Property size:
    4,330 SF
    Lot size:
    3.22 Acres

    Property Features for 425 Us Hwy

    General Information

    Size
    4,330 SF
    Lot size
    3.22 Acres

    Source: Pierson Commercial Real Estate Agent Gregg Medvin

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

    Overview

    Hillsborough Retail Corridor Redevelopment Opportunity

    This property presents a leasing opportunity for a former bank building with a drive-thru, or a 3.2-acre redevelopment opportunity situated in the heart of the Hillsborough retail corridor along Route 206. The location benefits from its position on Route 206, a primary thoroughfare within Somerset County, characterized by substantial vehicular traffic and a mix of established national, regional, and local retailers. The surrounding area is densely populated, drawing from various neighboring towns, with an estimated residential population of 81,000 and median incomes around $154,000 within a 3-mile radius. The property offers high visibility and prominent pylon signage, along with convenient access.
    Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Hillsborough
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4173877
    Latitude
    40.1899274

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    FAQs

    What type of property is this?
    Bank - Former bank building or redevelopment site in high-traffic retail corridor.
    Where is this bank located?
    The property is located at 425 Us Hwy, Unit 206 Hillsborough, NJ.
    What are key features of this property?
    This property features: - Prime location in the heart of the Hillsborough retail corridor along Route 206.; - High vehicular traffic on Route 206, the main thoroughfare in Somerset County.; - Strong demographics: approximately 81,000 residential population and $154,000 median income within 3 miles.
    (732) 707-6900
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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
    425 Us Hwy, Unit 206 Hillsborough, NJ
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