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271 Old Croton Rd 4,201 SF Retail Building Flemington, NJ 08822 $999,900 ($238.01/SF)



Executive Summary
Unique Mixed-Use Investment Opportunity situated on approximately 3.3 acres featuring five separate structures with strong income and value-add potential. This diverse property offers a rare combination of residential, commercial, storage, and garage space ideal for an investor, contractor, or entrepreneur seeking multiple streams of income. --The property includes a Twin Duplex with one 2-bedroom unit and one 3-bedroom unit, both with front and rear entrances and occupied by long-term tenants.
--An additional former General Store building offers nostalgic character with a main level retail/display area and second-floor storage space, presenting future redevelopment or business possibilities.
--Also located on the site is a freestanding restaurant building currently operating as a Mexican restaurant featuring a full commercial kitchen, take-out area, and indoor dining space.
--Additional improvements include a detached 3-car garage and a separate Ranch-style residence offering 4 bedrooms, 1 full bathrooms, vaulted ceilings, attached 2-car garage with workspace/storage, and an outdoor entertainment area complete with a U-shaped bar and grill space.
The property is in need of repairs and updating throughout. However, the combination of residential rentals, commercial usage, garage/storage space, and future upside creates an excellent opportunity for the right buyer to renovate, increase income potential, and build long-term equity. Rare opportunity with flexibility and substantial potential for redevelopment or continued mixed-use operation.
--An additional former General Store building offers nostalgic character with a main level retail/display area and second-floor storage space, presenting future redevelopment or business possibilities.
--Also located on the site is a freestanding restaurant building currently operating as a Mexican restaurant featuring a full commercial kitchen, take-out area, and indoor dining space.
--Additional improvements include a detached 3-car garage and a separate Ranch-style residence offering 4 bedrooms, 1 full bathrooms, vaulted ceilings, attached 2-car garage with workspace/storage, and an outdoor entertainment area complete with a U-shaped bar and grill space.
The property is in need of repairs and updating throughout. However, the combination of residential rentals, commercial usage, garage/storage space, and future upside creates an excellent opportunity for the right buyer to renovate, increase income potential, and build long-term equity. Rare opportunity with flexibility and substantial potential for redevelopment or continued mixed-use operation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,201 SF
Building Class
C
Year Built
1836
Price
$999,900
Price Per SF
$238.01
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Lot Size
2.00 AC
Zoning
R-1 - Unique Mixed-Use Investment Opportunity featuring five separate structures with strong income & value-add potential.
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 21-00041-0000-00001 | Improvements Assessment | $537,700 |
| Land Assessment | $150,000 | Total Assessment | $687,700 |
Property Taxes
Parcel Number
21-00041-0000-00001
Land Assessment
$150,000
Improvements Assessment
$537,700
Total Assessment
$687,700
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Presented by
Homestarr Realty
271 Old Croton Rd
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