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Redevelopment Flex Site with Garage
For Sale
$2,500,000

71 E Broad Street Hopewell, Hopewell, NJ 08525

1.81-acre redevelopment site with 330 feet of frontage and a garage structure approved for expansion and renovation.

Property Size1 SF
Lot Size1.81 Acres
Price / SF$2,500,000
Days on Market34

Property Features for 71 E Broad Street Hopewell

General Information

Standard status Active
Size 1 SF
Total Parking Spaces 100
Lot size 1.81 Acres
Zoning BR

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $29,626

Amenities

Concrete
1
No
Cleared
Public
BR-Business Residential
1.81
Estimated
On Street
Black Top
100
8400.00
625000.00
City/County
330

Building Details

Year Built 1950
Listing Agency: KELLER WILLIAMS REAL ESTATE - PRINCETON
Listed By: Casey Rizer · License #8631404
Source: Va.exprealty
Added: Jul 21 Changed: Aug 23 Last Checked: Aug 22 at 9:05AM

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 - PRINCETON

Investment Insights

Based on property information with market context.

This 1.81-acre redevelopment site includes a former/existing garage structure with approvals to be expanded and renovated. The remaining portion of the property is described as zoned Business-Residential, supporting redevelopment options on the overall tract. Leasing of the existing building is noted as a consideration.

The property is located in the downtown of Hopewell Borough on Town’s main thoroughfare and features approximately 330 feet of frontage.

The asset is offered as a single redevelopment parcel, with expansion and renovation approvals already in place for the existing garage structure.

Key Highlights

  • 1.81‑acre redevelopment site in downtown Hopewell Borough
  • 330 feet of frontage on the town’s main thoroughfare
  • Former/existing garage structure with approvals for expansion and renovation

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08525, NJ

4,649
Population
2,024
Households
2.3
Avg Household Size
46
Median Age
63%
College-Educated
97%
High-School Grad
22.4 sq mi
ZIP Area
208
Density / Sq Mi
$157,868
Median Household Income
$74,138
Median Earnings
$1,646
Median Rent
$551,300
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 1.81-acre redevelopment site with 330 feet of frontage and a garage structure approved for expansion and renovation.
Where is this flex space located?
The property is located at 71 E Broad Street Hopewell Hopewell, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 1.81‑acre redevelopment site in downtown Hopewell Borough; 330 feet of frontage on the town’s main thoroughfare; Former/existing garage structure with approvals for expansion and renovation
More about this property
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