1235 Route31, Lebanon, NJ 08833
CommercialSale - Clinton Twp., NJ
- Added:
- Dec 11, 2025
- Days on Market:
- 183
- Last Refresh:
- Jun 12 at 3:06 am
Property Features for 1235 Route31
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Standard status
- Active
- Size
- 2,504 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14067
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1940
- Flooring type
- Carpet, Wood
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent John Carriere (908) 581-0300
Listing office BHHS Fox & Roach Hunterdon County Regional Office 54 Old Highway 22, NJ (908) 735-9700
Listing date Dec 11, 2025
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Building suitable for office, showroom, and storage
- Includes a second‑floor apartment for on‑site management or rental income
- Has served as a business location for over 50 years
- Wood and carpet flooring throughout
- Forced air heating
- Built in 1940
Overview
Located in Clinton Twp., NJ, the building sits on a 0.28-acre lot and totals 2,504 square feet. The property address is 1235 Route 31, Clinton Twp., NJ 08833.
The combination of office and showroom areas with storage makes the building a practical fit for businesses that need both day-to-day work space and room for inventory or equipment. The attached apartment also provides flexibility for tenants who prefer live-and-work convenience, or for buyers looking to supplement income through an on-site residence.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.1k | $30.00 |
| − Vacancy | −$24.0k | −$9.60 |
| EGI | $51.1k | $20.40 |
| − OpEx | −$12.8k | −$5.10 |
| NOI | $38.3k | $15.30 |
Alternative Uses
Current Use by Public Records
Map
- City
- Lebanon
- County
- Hunterdon
- State
- New Jersey
- Longitude
- -74.817
- Latitude
- 40.6482
