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    100 State Route 12 Flemington, NJ 08822

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    For Sale
    $399,900

    Two-family property with income potential near shopping.

    Lot size:
    0.46 Acres

    Property Features for 100 State Route 12

    General Information

    Lot size
    0.46 Acres

    Building Details

    Year built
    1850

    Source: CORCORAN SAWYER SMITH Agent MARK JACOBSON

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

    Overview

    Two-Family Property Near Shopping

    This two-family property features a side-by-side configuration with one unit offering three bedrooms and the other offering two bedrooms. The property generates a rental income of $39,000 with the potential to exceed $50,000. Each unit is equipped with separate electric and natural gas connections, as well as its own washer and dryer. The building is serviced by public sewer. Situated on a 0.46-acre lot, the property is conveniently located near shopping areas. One lease expires in May of 2026, while the other unit operates on a month-to-month basis. Heating is provided by electric baseboards, and natural gas is used for cooking.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.86369
    Latitude
    40.502414

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    FAQs

    What type of property is this?
    Duplex - Two-family property with income potential near shopping.
    Where is this duplex located?
    The property is located at 100 State Route 12 Flemington, NJ.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - High rental income: Currently $39,000 with potential to exceed $50,000.; - Two-family property: Live in one unit and rent the other.; - Separate utilities: Each unit has its own electric, natural gas, washer & dryer.
    (908) 782-0100
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    Flemington, NJ 08822
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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
    100 State Route 12 Flemington, NJ 08822
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