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Property profile & analytics

99 Us Hwy 206 Hillsborough, NJ 08844-4246

  • Office buildings
  • 1,672 SF
  • 0.33 lot acres
OFF-MARKET
Last Sale
Feb 07, 2025
$230,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1815788
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

  • Office buildings

Property Details for 99 Us Hwy 206

Year built
1945
Construction
FRAME
Lot size
0.33 lot acres
Property size
1,672 SF
Zone code
HS
Property type
Office buildings
APN
10 00058-0000-00001- 13
APU
100005800000000113

Description

This exceptional 0.33-acre commercial property, situated at 99 US Highway 206, Unit 0, in Hillsborough, NJ, presents a unique investment or owner-user opportunity. Currently configured as a former office building, the property is being sold "as is" and requires repairs. Its strategic location within the HS Service District zoning allows for a diverse range of uses, including offices, medical facilities, financial institutions, restaurants, and various business services. The building benefits from a desirable corner lot location, providing excellent visibility and accessibility. All utilities are conveniently located on the property. The substantial size of the lot, combined with the flexible zoning, offers significant potential for redevelopment or adaptive reuse. This is an ideal opportunity for an investor seeking a value-add project or a business owner looking to establish a presence in a high-traffic area. The asking price for this property is $275,000. Given the property's location, zoning, and potential, this represents a compelling investment proposition in the thriving Hillsborough market. Serious inquiries are encouraged to explore the possibilities of this unique commercial offering. The property is sold as-is.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Hillsborough
County
Somerset
State
New Jersey
Longitude
-74.613
Latitude
40.5426
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
$5,283
$198,000
$38,600
$236,600
-
$198,000
$38,600
$236,600
More about this property
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