150 Homestead Rd Hillsborough Township, NJ 08844
This exceptional 20.84-acre commercial land parcel in Hillsborough Township, Somerset County, New Jersey (08844), presents a prime redevelopment opportunity. Located at 150 Homestead Rd, this site boasts significant potential for a variety of uses, including data centers, manufacturing facilities, research and development centers, childcare and adult daycare centers, and indoor recreation/fitness centers. The property offers the unique advantage of up to 40-foot ceiling heights, allowing for the construction of a substantial building. Plans could accommodate a 90,000+ square-foot footprint building on each of two floors, totaling over 180,000 square feet, with ample land available for parking. Conveniently situated in one of New Jersey's fastest-growing and most affluent suburban areas, this location offers excellent access to infrastructure and a strong workforce. Existing utilities include public city water, sewer, and natural gas. The property is zoned to allow for buildings ranging from 20,000 to 180,000 square feet, making it ideal for a wide range of build-to-suit projects. This is a rare chance to acquire a large, versatile tract of land in a highly desirable location, ready for immediate development. Don't miss this exceptional opportunity to capitalize on the thriving Hillsborough market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.