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    31 Race St Frenchtown, NJ 08825
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    Property profile & analytics

    31 Race St, Frenchtown, NJ 08825

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    • Commercial real estate
    • 8,155 SF
    • 0.37 lot acres
    Historic Mixed-Use Hospitality Property For Sale
    $5,899,900
    8,155 SF

    Historic Mixed-Use Hospitality Property

    Turnkey boutique hotel and restaurant in vibrant river town.

    31 Race St, Frenchtown, NJ 8825
    View Listing
    Property ID
    US59-2864074
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The National Hotel / Hotel & Motel
    • Rathskeller / Bar & Pub

    Property Details for 31 Race St

    Year built
    1854
    Construction
    FRAME
    Lot size
    0.37 lot acres
    Zone code
    R-4
    Property type
    Commercial real estate
    APN
    11 00041-0000-00005
    APU
    1100041000000005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 7, 2022 $740,000 Lucky 37 Mine LLC Freedom Hotel LLC Deed —
    Sep 4, 2009 $400,000 Freedom Hotel LLC Stornawaye Financial Corp Grant Deed —
    Jun 12, 2009 — Stornwaye Financial Corp Stornwaye Real Estate LLC Quit Claim Deed · related —
    Jun 1, 2009 — Stornawaye Real Estate LLC Krams Avenue Partners Deed In Lieu Of Foreclosure · related —
    Mar 10, 2006 $1 Ab Partners Krams Avenue Partners Grant Deed · related —
    — — Freedom Hotel LLC — Deed Of Trust · related $650M · Fulton Bk/nj
    — — Krams Avenue Partners — Deed Of Trust · related $141k · Yardville National Bank
    — — Freedom Hotel LLC — Deed Of Trust · related $470k · Td Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $460,000
      ML approach
      $540,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $843,000
      Market price range: $843k - $2.14M
      AI Estimate
      $422,000
      Market price range: $402k - $1.00M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Frenchtown
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -75.0605
    Latitude
    40.5272
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,578
    $172,100
    $423,000
    $595,100
    -
    $172,100
    $423,000
    $595,100
    View Listing
    More about this property
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