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Property profile & analytics
OFF-MARKET
Land

150 Homestead Rd Hillsborough Township, NJ 08844

20.84 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20.84 ac (907,790 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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