Mixed-Use Building in Prime
For Sale
$1,500,000
Pending
201 Boonton Ave, Boonton, NJ 07005
Well-maintained mixed-use building with stable income streams and long-term potential.
Property SizeContact for details
Days on Market143
Property Features for 201 Boonton Ave
General Information
Standard status
Pending
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$22,290
Building Details
Year Built
1859
Listing Agency:
WEICHERT REALTORS CORP HQ
(973) 984-1400
Listed By:
BRENDA LEE · License #293245
Source:
Elliman
Added: Apr 11
Changed: Aug 23
Last Checked: Aug 30 at 3:38PM
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 WEICHERT REALTORS CORP HQ
Investment Insights
Based on property information with market context.
This is a mixed-use building that has been under the same ownership for nearly three decades. The property provides a balanced mix of income streams, featuring five residential apartments, two ground-level storefronts currently rented to one business, and a dedicated office space. The building has been consistently maintained over the years, evident in its condition and long-term tenant stability. The residential units are fully occupied, and the storefronts benefit from strong visibility and steady foot traffic. This property is suitable for investors seeking stability, long-term performance, and the potential upside associated with a prime location. The property includes addresses 201-203 Boonton Ave, Boonton Town, NJ 07005.
Key Highlights
- Mixed‑use building with five residential apartments, two storefronts, and dedicated office space.
- Long‑term ownership (nearly 3 decades) indicates stability and consistent maintenance.
- Fully occupied residential units and storefronts with strong visibility and foot traffic.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 07005, NJ
15,985
Population
6,115
Households
2.6
Avg Household Size
43
Median Age
56%
College-Educated
96%
High-School Grad
18.3 sq mi
ZIP Area
873
Density / Sq Mi
$126,411
Median Household Income
$66,198
Median Earnings
$1,779
Median Rent
$565,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained mixed-use building with stable income streams and long-term potential.
Where is this mixed-use property located?
The property is located at 201 Boonton Ave Boonton, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed‑use building with five residential apartments, two storefronts, and dedicated office space.; Long‑term ownership (nearly 3 decades) indicates stability and consistent maintenance.; Fully occupied residential units and storefronts with strong visibility and foot traffic.
