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    Downtown Basking Ridge Office Building
    Updated: Nov 14, 2024
    Downtown Basking Ridge Office Building

    Basking Ridge, NJ 07920

    $970,000
    1,953 sqft
    Prime downtown location at the corner of South Finley and Henry Streets in Basking Ridge.
    Fully occupied with long‑term tenants (Edward Jones Investments, Wabba Travel, and Country Tailor) and zero vacancies for 30 years.
    Well‑maintained building with no deferred maintenance.
    Building backs up to a free municipal parking lot, plus street parking.
    Renovated in 2014 with Hardi‑plank siding and a new roof.
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    This listing looks promising.

    Here's a quick look at some key insights for

    66 S Finley Ave, Bernards, NJ 07920

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Mortgage

      $400K
      Recorded

    • Last Sold

      Aug 2012
      $110K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Basking Ridge, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Professional Office Building For Sale
    Professional Office Building For Sale

    221 Somerville Rd, Bedminster, NJ

    $924,999
    3,500 sqft 0.55 AC lot

    Two-story office building featuring windowed offices and conference room.

    View details
    Two-Story Office Building in Bedminster
    Two-Story Office Building in Bedminster

    211 Somerville Rd, Bedminster, NJ

    $1,250,000
    5,100 sqft 0.77 AC lot

    Two-story office building with upscale finishes and private offices.

    View details
    Mendham Mixed-Use Commercial Property
    Mendham Mixed-Use Commercial Property

    18 E Main St, Mendham, NJ 07945

    $725,000
    2,428 sqft 0.26 AC lot

    Commercial space, apartment, and garage bays in high-traffic location.

    View details
    Mixed-Use Building with Four Apartments
    Mixed-Use Building with Four Apartments

    1 Hilltop Rd, Mendham, NJ 07945

    $749,000
    4,328 sqft

    Income-producing building with commercial space, a basement, and four leased one-bedroom units near Main Street.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-B Zoned Commercial Land
    B-B Zoned Commercial Land

    Watchung, NJ 07069

    $449,000

    Commercial land in a B-B zoning district with all utilities available in the street and multiple professional/medical permitted uses.

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    Piscataway Land Investment Opportunity
    Piscataway Land Investment Opportunity

    1315 West 6th Street, Piscataway, NJ 08854

    $174,900
    3,999 sqft 0.09 AC lot

    Cleared lot in Piscataway, potential investment with GB zoning.

    View details
    Zoned Commercial Land Site
    Zoned Commercial Land Site

    Bridgewater, NJ 08807

    $1,200,000

    C-3 zoned commercial land site with public utilities on-site and frontage on Route 28 and Route 22 East.

    View details
    Somerville Boro Land Opportunity
    Somerville Boro Land Opportunity

    Somerville, NJ 08876

    $1,125,000
    0.47 AC lot

    Large lot in Somerville Boro with development potential.

    View details

    Off-Market Properties in Basking Ridge, NJ

    Consider similar Off-Market properties in Basking Ridge, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    37 Stonehouse Rd
    OFFICE BUILDING

    37 Stonehouse Rd, Basking Ridge, NJ 07920-2628

    $1,340,000
    Estimated value
    4,958 sqft 0.46 AC lot
    View details
    233 Mt. Airy Rd
    Office Units

    233 Mt. Airy Rd, Basking Ridge, NJ 07920

    Value Estimation by Request
    16,332 sqft
    View details

    Basking Ridge, NJ Office Spaces Market Trends and Statistics

    Explore 3 office spaces for sale in Basking Ridge, NJ on our real estate platform. These investment opportunities span a total of 1,953 square feet of properties for sale, with an estimated market value of $970,000.

    Sale prices for office spaces in Basking Ridge, NJ start at $970,000, averaging $970,000, and reaching up to $970,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 6
    Office buildings 4
    Coworking space 1
    Medical Office Space 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +42.2%
    Median Household Income $184,630
    College Educated 70.2%

    High-Yield Neighborhoods for Investment

    Identify Basking Ridge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07920 $970K

    Taxes & Financing

    Tax Rate (average for all types) 2.00%
    Property Tax per SF $29.49 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Basking Ridge fall within the 25,000 to 50,000 square foot range.

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