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    31 Race St Frenchtown, NJ 08825

    For Sale
    $5,899,900

    Turnkey boutique hotel and restaurant in vibrant Frenchtown, New Jersey.

    Lot size:
    0.37 Acres

    Property Features for 31 Race St

    General Information

    Lot size
    0.37 Acres

    Building Details

    Year built
    1854

    Source: COLDWELL BANKER HEARTHSIDE Agent MARY ALICE HEIMERL

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

    Overview

    Historic Mixed-Use Hospitality Property

    This historic mixed-use hospitality property offers a boutique hotel and full-service restaurant. Located on Race Street, the landmark building is in the center of Frenchtown's downtown, near the Delaware River, local shops, galleries, and community events. The property dates back to the 19th century and has been updated to blend historic charm with modern functionality. The hotel features multiple guest accommodations, each with period details, private baths, and character.
    Insight Report Location Intelligence

    Current Use by Public Records

    The National Hotel Hotel Rathskeller Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Building Supply Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Frenchtown
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -75.0602613
    Latitude
    40.5271326

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    FAQs

    What type of property is this?
    Hotel - Turnkey boutique hotel and restaurant in vibrant Frenchtown, New Jersey.
    Where is this hotel located?
    The property is located at 31 Race St Frenchtown, NJ.
    What is the asking price?
    The asking price for this property is $5,899,900.
    What are key features of this property?
    This property features: - Turnkey historic property with boutique hotel and full-service restaurant.; - Prime location in the heart of Frenchtown's vibrant downtown, steps from the Delaware River.; - Mixed-use hospitality property offering entrepreneurial potential.
    (908) 996-7151
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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
    31 Race St Frenchtown, NJ 08825
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