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Property profile & analytics

268 Academy St Hightstown, NJ 08520-3803

  • Commercial real estate
  • 0.23 lot acres
OFF-MARKET
Value Estimations
$285,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-1858253
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 268 Academy St

Lot size
0.23 lot acres
Zone code
DTC
Property type
Commercial real estate
APN
04 00060-0000-00024
APU
400060000000024

Description

This fee-simple, 2,500 square-foot medical office building in Hightstown, New Jersey, is available for $625,000 ($250/sq ft). Located at 268 S. Academy St, this single-tenant, 100% occupied Class B property boasts a convenient downtown location across from the Hightstown Post Office. Ample private parking is available, supplemented by nearby public parking. A small park behind the building adds to its appeal. Built in 1970, the one-story building sits on a 0.229-acre lot and is zoned for commercial use, offering a wide range of permitted uses within the Downtown Core (DTC) zoning designation. These include retail, personal and business services, offices, public facilities, child care centers, bars and taverns, restaurants (excluding drive-thrus), banks, publishing facilities, and art galleries. The interior features four examination rooms, three restrooms, a private office, a conference room, a pantry, and storage rooms. The lease type is NNN. This property presents a strong investment opportunity due to its versatile zoning and desirable location. The building's current configuration is ideal for a medical practice, but its flexible zoning allows for a variety of other uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hightstown
County
Mercer
State
New Jersey
Longitude
-74.5273
Latitude
40.2681
CBSA code
45940
CBSA name
TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,479
$77,700
$210,000
$287,700
-
$77,700
$210,000
$287,700
More about this property
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