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Property profile & analytics
OFF-MARKET Estimated value $2,250,000
Commercial real estate

174 State Rte 31 Flemington, NJ 08822-5759

1.24 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1520651
Property summary
AI-generated overview

This exceptional 1.24-acre parcel of land presents a unique opportunity for developers and investors seeking a prime location in Flemington, New Jersey. Situated at 174 State Route 31, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The expansive lot offers ample space for new construction, allowing for significant flexibility in design and development plans. Its strategic location along State Route 31 ensures high traffic volume and prominent exposure to potential customers. The property's zoning designation (which should be independently verified) allows for a range of commercial uses, providing considerable potential for return on investment. This is a rare chance to acquire a substantial piece of land in a thriving New Jersey town, offering significant potential for growth and development. The property is being offered at a competitive price, making it an attractive proposition for those seeking a strong foothold in the Flemington market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further due diligence is recommended to confirm zoning regulations and potential development opportunities. The absence of existing structures on the land provides a clean slate for ambitious development projects. This is a blank canvas awaiting a visionary developer to transform it into a thriving commercial asset. The property's location offers easy access to major transportation routes, further enhancing its appeal and potential. Don't miss this opportunity to secure a prime piece of real estate in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 1.24 ac (54,014 SF)
Zoning code B-3
APN 21 00016-0000-00057
UPID US59-1520651
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.25M
Owner & transaction history
Guru Properties LLC · 1 yrs held
Guru Properties LLC
since 2025
Last sale
$2.3M
3 recorded transactions
2025
$2.3M
1991
$800,000
1969
Price N/A
Zoning & alternative use
B-3 · Flemington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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