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    244 Rte Flemington, NJ 08822

    For Lease
    Contact for pricing

    5,400 SF Retail/Restaurant, 75 Parking Spaces

    Lot size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,400-square-foot commercial property, located at 244 Route 202 in Flemington, New Jersey, presents a unique opportunity for a single-tenant retail or restaurant business. The entire space is currently vacant, offering immediate occupancy for a prospective tenant. Situated in Hunterdon County, this highly visible location boasts ample parking with 75 spaces readily available for customers and employees. The property's classification as both retail and restaurant-suitable allows for a wide range of potential uses, catering to diverse business models. The building's total square footage is 5,400 square feet, providing substantial space for a large-scale operation or a smaller business with expansion potential. The address, 244 Route 202, ensures excellent accessibility and visibility for attracting customers. The property is conveniently located in Flemington, NJ, zip code 08822, offering a strategic position within a thriving community. This is an ideal opportunity for a business seeking a prominent location with significant space and ample parking in a desirable New Jersey market. The property is available for lease.

    Property Features for 244 Rte

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,400 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    5,400 SF

    HighLights

    • Turnkey restaurant available for immediate operation.
    • High‑traffic retail location with desirable neighboring businesses.
    • Strong demographics: Average household income within 5 miles exceeds $157,000.
    • Excellent visibility and accessibility: 47,342 vehicles per day on Route 202.
    • Ample parking with 75 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.8576578
    Latitude
    40.4929391

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    FAQs

    What type of property is this?
    Restaurant - 5,400 SF Retail/Restaurant, 75 Parking Spaces
    Where is this restaurant located?
    The property is located at 244 Rte Flemington, NJ.
    What are key features of this property?
    This property features: Turnkey restaurant available for immediate operation.; High-traffic retail location with desirable neighboring businesses.; Strong demographics: Average household income within 5 miles exceeds $157,000.
    Request Owner's contact information
    244 Rte Flemington, NJ 08822
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    Flemington, NJ 08822
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    244 Rte Flemington, NJ 08822
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