14 Mercer St Hopewell, NJ 08525
This meticulously maintained, 3,000 square-foot office building at 14 Mercer Street in Hopewell, NJ, presents a unique investment opportunity. Originally built in 1900 as the town's Grange Hall, this two-story building underwent a complete restoration in 1996. Currently configured as four suites and studios, the property offers exceptional flexibility for a single occupant or multiple tenants. Three of the four units are currently leased to professional offices and art studios, demonstrating strong rental potential. The building boasts abundant natural light, welcoming interiors, and convenient street parking. Its central location within Hopewell's business district provides easy access to local amenities, dining, shopping, and major highway networks, including proximity to Princeton. Situated on a 0.097-acre lot in the B-R Business Zone, this property is ideal for owner-occupants seeking a blend of historic character and modern functionality, or investors looking for a stable, multi-tenant income stream. The gross lease structure simplifies management, and the building's impeccable condition minimizes immediate maintenance needs. This is a rare opportunity to acquire a landmark property in a thriving New Jersey community.
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
Similar Nearby for Sale
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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.