131 Rte Hillsborough, NJ 08844
- Commercial real estate
- 0.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 131 Rte
- Year built
- 1928
- Lot size
- 0.88 lot acres
- Property type
- Commercial real estate
Description
This 0.88-acre commercial property, located at 131 Route 206 in Hillsborough, New Jersey, presents a unique development opportunity. Situated on busy Route 206, the property boasts excellent visibility and accessibility, making it an attractive location for a variety of businesses. The property's zoning and permitted uses should be verified with the Hillsborough Township. The current owner is open to exploring a long-term triple net lease arrangement, providing a flexible option for prospective tenants. Any lease agreement will be subject to approval by the township to ensure compliance with all local regulations and ordinances. This prime location is well-suited for businesses seeking high traffic exposure, including but not limited to retail establishments, restaurants, or office spaces. The property's size and location offer significant potential for growth and profitability in a thriving commercial area. Prospective buyers or lessees are encouraged to conduct their own due diligence to assess the property's suitability for their specific business needs and to confirm all zoning and development regulations with the relevant township authorities. This is a rare opportunity to secure a prominent commercial site in a desirable Hillsborough location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hillsborough
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6148
- Latitude
- 40.5384