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Property profile

156 Rte Hillsborough, NJ 08844

OFF-MARKET
Mixed-use properties
2,604 SF 1.51 ac lot Built 1982
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 156 Route 206 in Hillsborough, New Jersey, presents a unique investment opportunity. The property boasts a substantial 2,604 square feet of space situated on a generous 1.51-acre lot, offering significant potential for a variety of commercial ventures. Its prime location on Route 206 ensures high visibility and accessibility, making it an ideal site for businesses seeking strong foot traffic and convenient access for customers. The existing structure provides a solid foundation for immediate occupancy or redevelopment, allowing for customization to suit specific business needs. The ample land area offers possibilities for expansion, additional parking, or outdoor amenities. This property is well-suited for a range of uses, making it an attractive investment for both established businesses and entrepreneurs looking to establish a presence in a thriving New Jersey community. The asking price of $2,500,000 reflects the property's significant potential and strategic location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed property information and specifications are available upon request. This is a rare opportunity to acquire a substantial mixed-use property in a highly desirable location.

Property profile

Verified
Property type Mixed-use properties
Year built 1982
Total area 2,604 SF
Lot 1.51 ac (65,776 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

156 Rte Hillsborough, NJ 08844
Hillsborough metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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