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Multi-Use Commercial Building

Clinton Twp. Lebanon, NJ 08833

Claim this Listing
For Sale
$715,000

SINGLE_FAMILY - Clinton Twp., NJ

Property size:
2,504 SF
Price / SF:
$285/SF
Added:
Dec 11, 2025
Days on Market:
211
Last Refresh:
Jul 10 at 10:06 pm

Property Features for Clinton Twp.

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
2,504 SF

Building Details

Year built
1940

Listing agent John Carriere

Listing office BHHS Fox & Roach Hunterdon County Regional Office NJ

Listing date Dec 11, 2025

MLS# 4001259

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale commercial building has a history of office, showroom, and storage use, providing a multi-functional setup for an owner-operator or business requiring space for customer-facing operations. The property includes a second-floor apartment that can support on-site management or serve as additional rental income.

Located in Clinton Twp., NJ, the building sits on a 0.28-acre lot and totals 2,504 square feet. The property address is 1235 Route 31, Clinton Twp., NJ 08833.

The combination of office and showroom areas with storage makes the building a practical fit for businesses that need both day-to-day work space and room for inventory or equipment. The attached apartment also provides flexibility for tenants who prefer live-and-work convenience, or for buyers looking to supplement income through an on-site residence.

Key Highlights

  • Building suitable for office, showroom, and storage
  • Includes a second‑floor apartment for on‑site management or rental income
  • Has served as a business location for over 50 years

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $75.1k $30.00
− Vacancy −$24.0k −$9.60
EGI $51.1k $20.40
− OpEx −$12.8k −$5.10
NOI $38.3k $15.30
2,504 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$547.3K
$478.9K – $638.5K (±1% cap)
NOI $38,311 @ 7.0% cap · market cap 5.36%
Second Best
Retail
$510.6K
$446.8K – $595.7K (±1% cap)
NOI $35,740 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$653.8K
$572.1K – $762.8K (±1% cap)
NOI $45,769 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

FAQs

What type of property is this?
Office units - Office, showroom, and storage space with a second-floor apartment for on-site management or rental income potential.
Where is this office units located?
The property is located at Clinton Twp. Lebanon, NJ.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Building suitable for office, showroom, and storage; Includes a second‑floor apartment for on‑site management or rental income; Has served as a business location for over 50 years
Contact an agent
More about this property
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