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Property profile & analytics
OFF-MARKET
Office buildings

99 Us Hwy 206 Hillsborough, NJ 08844-4246

1,672 SF 0.33 ac lot Built 1945
Entity Owned 5-yr Hold Free & Clear
Property ID
US59-1815788
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1945
Construction FRAME
Total area 1,672 SF
Lot 0.33 ac (14,375 SF)
Zoning code HS
APN 10 00058-0000-00001- 13
UPID US59-1815788
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
by Request
Owner & transaction history
Borough Realty LLC · 5 yrs held
Borough Realty LLC
since 2020
Last sale
$230,000
2 recorded transactions
2020
$65,000
1991
$150,000
Zoning & alternative use
HS · Hillsborough, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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