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    179 Nj-31 Flemington, NJ 08822

    For Lease
    Contact for pricing

    1.52 Acres, Route 31 Frontage, NJ

    Lot size:
    66,211 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.52-acre commercial land parcel presents a prime development opportunity in Flemington, New Jersey. Strategically located on Route 31, this single-tenant site boasts excellent visibility and accessibility, ensuring high traffic exposure for any future development. The property's location within Hunterdon County offers a strong regional market with a substantial consumer base

    Property Features for 179 Nj-31

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,211 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    66,211 SF

    HighLights

    • Excellent corner lot ideal for development.
    • High‑traffic location with strong visibility.
    • Zoned for mixed‑use development, allowing for diverse project options.
    • Utilities readily available at the site.
    • Significant upside potential for future appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.8575207
    Latitude
    40.5294879

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    FAQs

    What type of property is this?
    Land - 1.52 Acres, Route 31 Frontage, NJ
    Where is this land located?
    The property is located at 179 Nj-31 Flemington, NJ.
    What are key features of this property?
    This property features: Excellent corner lot ideal for development.; High-traffic location with strong visibility.; Zoned for mixed-use development, allowing for diverse project options.
    Request Owner's contact information
    179 Nj-31 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
    179 Nj-31 Flemington, NJ 08822
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