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    3 Nj-31 Flemington, NJ 08822

    For Lease
    Contact for pricing

    2.3 Acres, 23,454 SF Building

    Lot size:
    23,454 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial property, located at 3 Route 31 in Flemington, New Jersey, presents a significant opportunity for businesses seeking a substantial presence in a thriving market. The property encompasses 2.3 acres of land, offering ample space for development or expansion. The existing building boasts a generous 23,454 square feet of space, suitable for a variety of commercial uses. The single-tenant configuration provides flexibility and control. With a convenient location on Route 31, this property benefits from high visibility and easy access to major transportation routes. The ample parking, accommodating 120 vehicles, ensures convenient access for employees and customers. The property's zoning and permitted uses should be verified independently. This is an ideal location for businesses seeking a prominent and functional space in a dynamic New Jersey market. The property is zoned for commercial use and offers significant potential for growth and development. The 08822 zip code offers a strong local economy and a desirable location for businesses. This property is available for lease. Detailed site plans and specifications are available upon request. Serious inquiries only.

    Property Features for 3 Nj-31

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,454 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    23,454 SF

    HighLights

    • 23,454 square feet GLA.
    • 2.3‑acre site.
    • 120 parking spaces.
    • 1,500 to 23,454 square feet available for lease.
    • Rent upon request.
    • Estimated NNN rent: $7.50 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.853822779466
    Latitude
    40.503822460537

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    FAQs

    What type of property is this?
    Land - 2.3 Acres, 23,454 SF Building
    Where is this land located?
    The property is located at 3 Nj-31 Flemington, NJ.
    What are key features of this property?
    This property features: 23,454 square feet GLA.; 2.3-acre site.; 120 parking spaces.
    Request Owner's contact information
    3 Nj-31 Flemington, NJ 08822
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    3 Nj-31
    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
    3 Nj-31 Flemington, NJ 08822
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