Downtown Storefront
For Sale
Contact for pricing
6 Hilltop Rd, Mendham, NJ 07945
Multi-suite commercial space with on-site parking and flexible suite configurations in a downtown setting.
Property Size6,342 SF
Price / SF$228.63
Days on Market374
Property Features for 6 Hilltop Rd
General Information
Standard status
Active
Size
6,342 SF
Total Parking Spaces
21
Property subtype
RETAIL
Zoning
Historic Business District
Building Details
Tenancy
Multi
Listing Agency:
The Kislak Company
(908) 360-8051
Listed By:
Sara Soliman
Source:
Moodyscre
Added: Jul 25, 2025
Changed: Jul 31
Last Checked: Aug 2 at 9:21AM
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 The Kislak Company
Investment Insights
Based on property information with market context.
This storefront property includes Suite 2 at 1,024 square feet and a 1,300-square-foot main building divisible to 650 square feet. Each suite includes one bathroom. The property offers multiple commercial spaces with flexible configurations for retail or other storefront-oriented uses supported by the Historic Business District zoning designation.
Located just south of the Main Street intersection in downtown Mendham, the property provides 21 on-site parking spaces adjacent to a municipal lot. Tenants pay all utilities, while real estate taxes are included in rent.
Located just south of the Main Street intersection in downtown Mendham, the property provides 21 on-site parking spaces adjacent to a municipal lot. Tenants pay all utilities, while real estate taxes are included in rent.
Key Highlights
- 1,024‑square‑foot Suite 2 available
- 1,300‑square‑foot main building divisible to 650 square feet
- Historic Business District zoning
Financial Insights For Retail
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 | $137.0k | $21.60 |
| − Vacancy | −$7.7k | −$1.21 |
| EGI | $129.3k | $20.39 |
| − OpEx | −$38.8k | −$6.12 |
| NOI | $90.5k | $14.27 |
6,342 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,521 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,922 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
682
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Peapack Gladstone Bank
Shops & Services
682 visits/mo
0.1 miles
Demographics for 07945, NJ
9,875
Population
3,651
Households
2.7
Avg Household Size
46
Median Age
78%
College-Educated
99%
High-School Grad
19.5 sq mi
ZIP Area
506
Density / Sq Mi
$243,665
Median Household Income
$101,620
Median Earnings
$3,432
Median Rent
$894,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mendham Flower Shop — 88 E Main St, Mendham Township, NJ 07945
- Doug The Florist — 15 W Main St, Mendham Borough, NJ 07945
- Florist Mendham NJ - Vaz of Mendham, Florist NJ, Flowers, Plants, Gifts NJ — 6 Hilltop Rd, Mendham Borough, NJ 07945
- The Lillie House — 59 E Main St, Mendham Borough, NJ 07945
Frequently Asked Questions
What type of property is this?
Storefront property - Multi-suite commercial space with on-site parking and flexible suite configurations in a downtown setting.
Where is this storefront property located?
The property is located at 6 Hilltop Rd Mendham, NJ.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 1,024‑square‑foot Suite 2 available; 1,300‑square‑foot main building divisible to 650 square feet; Historic Business District zoning
