1025 Rt 523, Flemington, NJ 08822
This exceptional 2.4-acre commercial property in Flemington, New Jersey, presents a unique investment opportunity. Located at 1025 Rt 523, zip code 08822, the property boasts a beautifully cleared and manicured tree-lined lot with ample setback. The site features a substantial 3,381 square foot main building, complemented by an additional outbuilding equipped with power and a loft. Convenient access is provided by a curbed driveway and a spacious off-street parking area. The property also benefits from a wooded flag lot at the rear, offering additional privacy and potential. Built in 1967, this single-story structure sits on a 2.4-acre lot and offers myriad development possibilities. Potential uses include commercial ventures, live-work spaces, or even residential development, subject to obtaining the necessary variances. While some variances may or may not transfer to a new owner, the property's versatility is undeniable. Detailed 3D models, walkthroughs, and floor plans are available to fully appreciate the scope of this remarkable property. The asking price is $725,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
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
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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.