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Smith House 137 Stockton St 3,800 SF 100% Leased Retail Building Hightstown, NJ 08520 $924,900 ($243.39/SF)
Investment Highlights
- Historic landmark fully renovated with modern systems and finishes
- 3,300 sq. ft. commercial space plus residential-ready studio unit
- Downtown Gateway zoning allows multiple high-visibility commercial uses
- Dual-street access with circular driveway and adjacent public parking
- Premium cedar siding, custom mahogany entry, and energy-efficient windows
- Quick access to NJ Turnpike, Princeton Junction, NYC, and Philadelphia
Executive Summary
A rare opportunity to acquire an established, operating commercial property at the primary gateway to Hightstown Borough, one of Central New Jersey's historically significant corridors.
The Smith House (c. 1770) is not simply a historic landmark, it is a high-visibility, commercially zoned income platform with an established use history that cannot be replicated. Positioned at a primary borough entry point on Stockton Street, this property commands maximum exposure to both vehicle and foot traffic, making it immediately viable for professional office, boutique hospitality, retail, or mixed-income investment.
COMMERCIAL HIGHLIGHTS:
• Established commercial use — zoning and operational history already in place
• Gateway corner positioning on Stockton Street at primary borough entry
• 3,800 sqft of fully renovated, move-in ready space across multiple rooms suitable for office suites, client-facing operations, or event use
• Separately metered utilities — dedicated water meter for landscaping minimizes operating costs
• Irreplaceable provenance: the oldest standing structure in Hightstown (est. 1721), delivering unmatched brand identity for any business operating from this address
RESIDENTIAL / LIVE-WORK COMPONENT:
A fully updated residential suite allows an owner-operator to live on-site, or provides an additional rentable unit to offset carrying costs.
RECENT CAPITAL INVESTMENT:
A comprehensive three-year renovation has been completed with premium cedar siding, synthetic low-maintenance trim, full infrastructure upgrades, professional landscaping with dedicated irrigation.
For investors, developers, professional practices, or hospitality operators seeking a landmark commercial position in a supply-constrained market: this is it.
The Smith House (c. 1770) is not simply a historic landmark, it is a high-visibility, commercially zoned income platform with an established use history that cannot be replicated. Positioned at a primary borough entry point on Stockton Street, this property commands maximum exposure to both vehicle and foot traffic, making it immediately viable for professional office, boutique hospitality, retail, or mixed-income investment.
COMMERCIAL HIGHLIGHTS:
• Established commercial use — zoning and operational history already in place
• Gateway corner positioning on Stockton Street at primary borough entry
• 3,800 sqft of fully renovated, move-in ready space across multiple rooms suitable for office suites, client-facing operations, or event use
• Separately metered utilities — dedicated water meter for landscaping minimizes operating costs
• Irreplaceable provenance: the oldest standing structure in Hightstown (est. 1721), delivering unmatched brand identity for any business operating from this address
RESIDENTIAL / LIVE-WORK COMPONENT:
A fully updated residential suite allows an owner-operator to live on-site, or provides an additional rentable unit to offset carrying costs.
RECENT CAPITAL INVESTMENT:
A comprehensive three-year renovation has been completed with premium cedar siding, synthetic low-maintenance trim, full infrastructure upgrades, professional landscaping with dedicated irrigation.
For investors, developers, professional practices, or hospitality operators seeking a landmark commercial position in a supply-constrained market: this is it.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,800 SF
Building Class
B
Year Built/Renovated
1789/2009
Price
$924,900
Price Per SF
$243.39
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.25 AC
Zoning
DTG - Downtown Gateway - (Flex Use) - See Hightstown Zoning for more details
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00032-0000-00001 | Improvements Assessment | $161,300 |
| Land Assessment | $102,800 | Total Assessment | $264,100 |
Property Taxes
Parcel Number
04-00032-0000-00001
Land Assessment
$102,800
Improvements Assessment
$161,300
Total Assessment
$264,100
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Smith House | 137 Stockton St