834 Rte Hillsborough Township, NJ 08844
- Retail properties
- 1.98 lot acres
Current Use by Public Records
- Retail properties
Property Details for 834 Rte
- Lot size
- 1.98 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 1.9-acre commercial property, located at 834 Route 206 in Hillsborough Township, New Jersey (zip code 08844), presents a unique investment opportunity. Priced at $799,000, this flat, rectangular parcel boasts approximately 228 feet of frontage on State Highway #206, experiencing an estimated 36,000 vehicles daily. The existing 1,300 square foot building is in average condition and can be renovated or demolished to suit the buyer's needs. The property is zoned Broad Highway Commercial, permitting most commercial uses. All utilities are conveniently located on-site. A Letter of Interpretation from the New Jersey Department of Environmental Protection is available, confirming the absence of wetlands and providing short-term feasibility. Site plans and surveys are readily accessible. This corner lot benefits from a nearby traffic light and is ideally situated less than 1/8 of a mile from the new Somerville-Hillsborough-Montgomery By-Pass. The property's strategic location is further enhanced by its proximity to a major 77,000 square foot shopping center (1.1 miles away) and neighboring businesses including Moe's Southwest Grill, a diner, and multiple gas stations. The seller, established for 54 years, offers this property for the first time. This is a rare chance to acquire a high-visibility retail site in a thriving New Jersey market.
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 Township
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6545
- Latitude
- 40.4818
