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    470 Schooleys Mountain Rd Hackettstown, NJ 07840

    Sponsored
    For Lease
    $14 SF/Yr ($17,500 /Mo)

    Prime Hackettstown Retail/Office Opportunity

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Hastings Square, located at 470 Schooleys Mountain Rd, Hackettstown, NJ 07840, presents a unique investment opportunity in a thriving commercial area. This 15,000 square foot retail and office complex, built in 2015, features twelve single-story buildings situated on a 4.51-acre lot. The property boasts 75 total parking spaces and is zoned for commercial use. Currently, the property houses a diverse mix of established businesses including a Mexican restaurant, an Italian restaurant, a gym, Rita's Ice Cream, and an insurance company, demonstrating strong tenant occupancy and market demand. Three spaces are currently available, ranging from a minimum of 1,428 square feet to a maximum contiguous space of 1,682 square feet. A total of 3,000 square feet of vacant space is available for lease. The property is classified as Class B and offers below-market rates, making it an attractive option for businesses seeking high-quality space at a competitive price. Its prominent road frontage and multiple buildings distinguish it from typical strip centers. The owner is seeking quality tenants for the available spaces. This property offers a blend of established businesses and available space, presenting a strong opportunity for growth and long-term success.

    Property Features for 470 Schooleys Mountain Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    B
    Total Rate
    17500

    Building Details

    Year Built
    2015
    Buildings
    12
    Stories
    1

    Unit(s) available at that property

    Space
    Unit #11
    Size
    1,428 SF
    Rate per SF
    $14
    Space
    Unit #16
    Size
    2,315 SF
    Rate per SF
    $14
    Space
    Unit #9
    Size
    2,856 SF
    Rate per SF
    $14

    HighLights

    • High‑visibility building with unique architecture and excellent signage opportunities, including three exterior displays.
    • Attractive curb appeal featuring Belgium black curving and renovated peaked cables, with hardy board siding.
    • Landscaped courtyard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobius Sales Group, ... Consultant Bruno's Pizza and Pasta Pizza Restaurant Classic Ballroom Dance School Neutral Density Step ... Optician New Jersey Ride ... Motorcycle Driving School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hackettstown
    County
    Warren
    State
    New Jersey
    Longitude
    -74.8214921
    Latitude
    40.8296516

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    FAQs

    What type of property is this?
    Retail property - Prime Hackettstown Retail/Office Opportunity
    Where is this retail property located?
    The property is located at 470 Schooleys Mountain Rd Hackettstown, NJ.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-visibility building with unique architecture and excellent signage opportunities, including three exterior displays.; Attractive curb appeal featuring Belgium black curving and renovated peaked cables, with hardy board siding.; Landscaped courtyard.
    Request Owner's contact information
    470 Schooleys Mountain Rd Hackettstown, NJ 07840
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    Hackettstown, NJ 07840
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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
    470 Schooleys Mountain Rd Hackettstown, NJ 07840
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