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    Property profile & analytics
    OFF-MARKET Estimated value $575,000
    Commercial real estate

    268 Academy St, Hightstown, NJ 08520-3803

    0.23 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US59-1858253
    Property summary
    AI-generated overview

    This fee-simple, 2,500 square-foot medical office building in Hightstown, New Jersey, is available for $625,000 ($250/sq ft). Located at 268 S. Academy St, this single-tenant, 100% occupied Class B property boasts a convenient downtown location across from the Hightstown Post Office. Ample private parking is available, supplemented by nearby public parking. A small park behind the building adds to its appeal. Built in 1970, the one-story building sits on a 0.229-acre lot and is zoned for commercial use, offering a wide range of permitted uses within the Downtown Core (DTC) zoning designation. These include retail, personal and business services, offices, public facilities, child care centers, bars and taverns, restaurants (excluding drive-thrus), banks, publishing facilities, and art galleries. The interior features four examination rooms, three restrooms, a private office, a conference room, a pantry, and storage rooms. The lease type is NNN. This property presents a strong investment opportunity due to its versatile zoning and desirable location. The building's current configuration is ideal for a medical practice, but its flexible zoning allows for a variety of other uses.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.23 ac (9,984 SF)
    Zoning code DTC
    APN 04 00060-0000-00024
    UPID US59-1858253
    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
    $575k
    Owner & transaction history
    Board Of Edu Of East Windsor Region · 1 yrs held
    Board Of Edu Of East Windsor Region
    since 2025
    Last sale
    $575,000
    2 recorded transactions
    2025
    $575,000
    2010
    $305,000
    Zoning & alternative use
    DTC · Hightstown, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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