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Property profile & analytics

361 State Route 31 Flemington, NJ 08822

  • Commercial real estate
  • 5.01 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-0481122
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 361 State Route 31

Construction
FRAME
Lot size
5.01 lot acres
Zone code
R-3
Property type
Commercial real estate
APN
21 00008-0000-00029
APU
2100008000000029

Description

This exceptional office building, located at 361 State Route 31 in Flemington, New Jersey, presents a unique opportunity for businesses seeking a spacious and well-situated location. The property boasts a generous 5.01-acre lot, offering ample room for expansion, parking, and outdoor amenities. The building itself is designed for office use and provides a substantial amount of space, ideal for a variety of business needs. The monthly rental rate is $2400, making it a competitive option in the Flemington market. The property's strategic location on State Route 31 ensures excellent visibility and convenient access to major transportation routes, facilitating easy commutes for employees and clients alike. This presents a rare chance to secure a significant office space in a desirable location with ample land for future development or expansion. The property's size and location make it suitable for a range of businesses, from small startups to established companies seeking to upgrade their facilities. Further details regarding the building's interior specifications and layout are available upon request. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional property. The asking price reflects the property's value and the current market conditions in Flemington, New Jersey. Don't miss this opportunity to secure a prime office space in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Flemington
County
Hunterdon
State
New Jersey
Longitude
-74.8569
Latitude
40.5478
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
$93,437
$883,700
$2,635,600
$3,519,300
-
$883,700
$2,635,600
$3,519,300
More about this property
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