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Property profile & analytics

1210 Rte 31 Lebanon, NJ 08833

  • Commercial real estate
  • 1,543 SF
  • 4.96 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1210 Rte 31

Year built
1930
Lot size
4.96 lot acres
Property size
1,543 SF
Property type
Commercial real estate

Description

This exceptional 1,543 square foot commercial property presents a dynamic investment opportunity in Lebanon, NJ. Situated on a generous 4.96-acre lot with convenient Route 31 frontage, this property offers significant potential for a variety of business uses. The existing structure is a two-story building, previously used as a single-family home, featuring a living room, dining room, kitchen, a secondary living room, two bedrooms, and two bathrooms. A two-car attached garage provides ample parking, supplemented by extensive additional space on the lot. A significant feature is a large detached former kennel building, approximately 1,270 square feet, offering versatile expansion or storage options. The C1 zoning allows for a wide range of business and professional uses, making this property highly adaptable to diverse entrepreneurial ventures. The property's location on Route 31 ensures high visibility and accessibility. While currently configured as a residential dwelling, the substantial size of the lot and the existing structures provide a solid foundation for a commercial redevelopment project. Note that the adjacent property at 1212 Route 31 is also available for purchase, presenting an opportunity for a larger-scale development. The asking price for this property is $574,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Hunterdon
State
New Jersey
Longitude
-74.8731
Latitude
40.5977
More about this property
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