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Property profile & analytics
OFF-MARKET Estimated value $1,920,000
Commercial real estate

106 Mine Brk Rd Bernardsville, NJ 07924-2486

1,592 SF 0.55 ac lot Built 1946
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1838309
Property summary
AI-generated overview

This exceptional investment opportunity presents a shovel-ready development site in the highly desirable Bernardsville, NJ, 07924 zip code. The 21,434 square foot lot, zoned Downtown Core, is perfectly situated less than 500 feet from the Bernardsville Train Station and the vibrant downtown area, offering residents easy access to shops and restaurants. Plans are in place for an 18-unit multifamily building, comprising a mix of spacious apartments: two one-bedroom/one-bathroom units

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1946
Construction FRAME
Total area 1,592 SF
Lot 0.55 ac (23,958 SF)
Zoning code D-CO
APN 03 00097-0000-00003
UPID US59-1838309
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Abbondanzos Landscape Design LLC Landscaping General Contractor
  • GEMINI DESIGN GROUP llc Hardware & Home Improvement Kitchen & Bath Showroom
  • Carter Van Rensselaer Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.92M
Owner & transaction history
Sms Mine Brook LLC · 1 yrs held
Sms Mine Brook LLC
since 2024
Last sale
$1.9M
3 recorded transactions
2025
Price N/A
2024
$1.9M
2022
$650,000
Zoning & alternative use
D-CO · Bernardsville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Downtown Corridor Subdistrict (D-Co). 1. Description and Intent. The Downtown Corridor subdistrict extends along Morristown Road east of the core and serves as a portion of the eastern gateway into Bernardsville. The area has a more auto-dependent character than other subdistricts. The intent is to limit the future expansion of this character while recognizi…

Zone name Downtown Corridor Subdistrict
General category CIVIC_INSTITUTIONAL
Zone area 27.67 ac
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