Historic Mixed-Use
137-141 Stockton Street, Hightstown, NJ 08520
For Sale
New
$924,900
Pending
A three-year renovation updated the building’s major systems while retaining historic interior details.
Property Size3,800 SF
Days on Market4
Property Features for 137-141 Stockton Street
General Information
Standard status
Size
Zoning
Site & Location
Highway Access
Road Access
Public Transit
Utilities to Site
Mixed-Use Components
Additional Details
Condition
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
circular driveway
professional landscaping
sprinkler and drip system
custom mahogany woodwork
9-foot ceilings
custom-milled trim
preserved original staircase
imported yellow pine flooring
full bathrooms
ADA-compliant access ramp
energy-efficient windows
Natural Gas
Yes
2
Washer,Dryer,Refrigerator,Oven,Microwave,Dishwasher,small wine fridge
Public
191X64
0.28
No
Estimated
Driveway,Off Street,Parking Lot
Private
8
Stone
3800.00
102800.00
11
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
James Balletto
(732) 821-6400
Source:
Moveritenow
Added: Nov 5
Changed: Nov 7
Last Checked: Nov 7 at 2:05PM
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 Keller Williams Real Estate - Newtown
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Dating to 1770, this mixed-use property combines commercial space with a separate residential-ready studio. A three-year renovation replaced major systems, including natural gas forced-air heat, central air served by three independent HVAC units, electrical service, and plumbing. Interior features include 9-foot ceilings, custom-milled trim, an original staircase with Pumpkin Pine treads, and yellow pine flooring. Full bathrooms are located on both the first and second floors, and the studio has a full kitchen.
The property is in Hightstown’s Downtown Gateway (DTG) zone at 137-141 Stockton Street. A circular driveway provides access from Stockton Street and Railroad Avenue, and the property is adjacent to a municipal public parking lot. An ADA-compliant concrete ramp provides access at the building.
The property is in Hightstown’s Downtown Gateway (DTG) zone at 137-141 Stockton Street. A circular driveway provides access from Stockton Street and Railroad Avenue, and the property is adjacent to a municipal public parking lot. An ADA-compliant concrete ramp provides access at the building.
Key Highlights
- Built in 1770
- Zoned DTG
- 3,300 sq. ft. main showroom and office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,825
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,500
$1.1M
Cap Rate 7%
$811,786
$811.8K
Cap Rate 9%
$631,389
$631.4K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$85.3K $22.44/SF
− Vacancy
−$4.1K −$1.08/SF
EGI
$81.2K $21.36/SF
− OpEx
−$24.4K −$6.41/SF
NOI
$56.8K $14.95/SF
Area
Mercer County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,500
Cap Rate 7%
$811,786
Cap Rate 9%
$631,389
Alternative Uses
Best Use
Retail
$811.8K
$710.3K – $947.1K
NOI $56,825 @ 7.0% cap · market cap 6.14%
Second Best
Mixed Use
$716.6K
$627.0K – $836.0K
NOI $50,160 @ 7.0% cap · market cap 5.42%
Theoretical Best
Warehouse
$1.22M
$1.07M – $1.43M
NOI $85,582 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 08520, NJ
29,291
Population
11,271
Households
2.6
Avg Household Size
40
Median Age
46%
College-Educated
92%
High-School Grad
18.0 sq mi
ZIP Area
1,627
Density / Sq Mi
$116,282
Median Household Income
$52,890
Median Earnings
$1,556
Median Rent
$361,800
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Mercer County, NJ
Properties on Market for Mixed-use properties in Mercer County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A three-year renovation updated the building’s major systems while retaining historic interior details.
Where is this mixed-use property located?
The property is located at 137-141 Stockton Street Hightstown, NJ.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Built in 1770; Zoned DTG; 3,300 sq. ft. main showroom and office space
