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Property profile & analytics
OFF-MARKET Estimated value $595,000
Commercial real estate

222 Mt Airy Rd Basking Ridge, NJ 07920-2335

7.32 ac lot Built 1978
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US59-2085238
Property summary
AI-generated overview

This exceptional Class A retail property, located at 222 Mount Airy Road in Bernardsville, New Jersey, offers 10,500 square feet of immediately available space within a larger 49,500 square foot building. The property boasts a prime location in Somerset County's Blue-Chip Corridor, providing convenient access to major roadways and a wealth of nearby amenities. The two-story building features modern common areas and efficient floor plans, creating an ideal environment for businesses seeking a high-profile location. The available space is part of a multi-tenant building, offering opportunities for synergy and collaboration. The address is 222 Mount Airy Road, Bernardsville, NJ 07920. The property's strategic location offers easy access to a variety of conveniences, including the YMCA, hotels, restaurants, and other retail establishments, enhancing the overall appeal and accessibility for both employees and customers. This is a rare opportunity to secure a significant amount of retail space in a highly desirable and well-established commercial area. The property's modern design and convenient location make it an attractive option for businesses seeking to establish or expand their presence in a thriving market. The building's Class A designation reflects its high-quality construction and modern amenities. The total building size is 49,500 square feet, indicating a substantial and well-established commercial presence.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Construction STEEL FRAME
Lot 7.32 ac (318,859 SF)
Zoning code E3
APN 02 02401-0000-00001
UPID US59-2085238
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
  • Forzani III Rinaldo Law Firm
  • PDHI (Bike/Boat/Book/etc) Store Corporate Office
  • Lisa Stryker - Keller Williams Towne Square Real Estate Agency
  • Mack-Cali Realty Corporation Real Estate Agency
  • Rick LaHara, Loan Officer, Northpointe Bank Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
222 Mt Airy Road LLC · 9 yrs held
222 Mt Airy Road LLC
since 2016
2 recorded transactions
2019
Price N/A
2016
$4.6M
Zoning & alternative use
E3 · Basking Ridge, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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