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    Renovated Victorian Colonial Mixed-Use Property Title is generated by Realmo AI

    131 Main St, Whitehouse Station, NJ 08889

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    Claim this Listing
    For Sale
    $825,000

    Fully renovated mixed-use property in Whitehouse Station with endless possibilities.

    Property size:
    2,744 SF
    Price / SF:
    $300/SF
    Added:
    Jun 11, 2025
    Days on Market:
    392
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 131 Main St

    General Information

    Standard status
    Active
    Size
    2,744 SF

    Building Details

    Year Built
    1890

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    THOMAS BONIAKOWSKI
    THOMAS BONIAKOWSKI

    Listing office ERA BONIAKOWSKI REAL ESTATE

    Listing date Jun 11, 2025

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of ERA BONIAKOWSKI REAL ESTATE

    HighLights

    • Fully renovated, mixed‑use Victorian Colonial in the heart of Whitehouse Station, offering versatile investment or business opportunities.
    • Luxurious, state‑of‑the‑art two‑bedroom, two‑bath apartment with private entrance, laundry, and attic storage.
    • Detached two‑story barn with four garage bays and second‑floor storage.
    • Extensive renovations include newer cedar siding and roof, updated plumbing and electrical, new well, and new Anderson windows.
    • Main level is ADA‑compliant and beautifully finished, previously used as a kitchen design showroom.
    • Dual access from Main Street (Rt. 523) and James Street with ample off‑street parking.

    Overview

    This renovated Victorian Colonial in Whitehouse Station offers an exceptional mixed-use investment opportunity. The property is brimming with character and versatility. Currently, both floors are utilized as office space. The main level, originally a kitchen design showroom, is beautifully finished and ADA-compliant. The second floor features a luxurious, state-of-the-art two-bedroom, two-bath apartment with laundry facilities, a private entrance, and attic storage. Extensive renovations include newer cedar siding and a roof on the main house, updated plumbing and electrical systems, a new well, new Anderson windows, dual-zone HVAC systems, custom bathrooms and kitchens, white oak flooring, and a partially finished basement with an additional storage room. A detached two-story barn with four garage bays and second-floor storage is also included. The property offers dual access from both Main Street (Rt. 523) and James Street, and provides plenty of off-street parking. The property size is 2744 square feet. This property delivers endless possibilities for a savvy investment, a prime location for your business, or a unique residence.

    Local Financial Insights For Apartment 5plus

    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 $82.3k $30.00
    − Vacancy −$5.6k −$2.04
    EGI $76.7k $27.96
    − OpEx −$34.5k −$12.58
    NOI $42.2k $15.38
    2,744 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $602.8K
    $527.5K – $703.3K (±1% cap)
    NOI $42,197 @ 7.0% cap · market cap 5.11%
    Second Best
    Office B
    $599.8K
    $524.8K – $699.7K (±1% cap)
    NOI $41,983 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Office A
    $716.5K
    $627.0K – $835.9K (±1% cap)
    NOI $50,156 @ 7.0% cap · market cap 6.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    One World DMG Corporate Office Kohlmann Blau LLC Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon Department Store Daycare Center Accounting Firm Auto Parts Store Barber Shop Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitehouse Station
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.769
    Latitude
    40.6176

    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use property in Whitehouse Station with endless possibilities.
    Where is this mixed-use property located?
    The property is located at 131 Main St Whitehouse Station, NJ.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Fully renovated, mixed‑use Victorian Colonial in the heart of Whitehouse Station, offering versatile investment or business opportunities.; Luxurious, state‑of‑the‑art two‑bedroom, two‑bath apartment with private entrance, laundry, and attic storage.; Detached two‑story barn with four garage bays and second‑floor storage.
    More about this property
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