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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.

Property Facts

Price $999,900
Price Per Unit $249,975
Sale Type Investment
No. Units 4
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
Building Size 4,201 SF
No. Stories 2
Year Built 1836
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 40696558

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 271 Old Croton Rd, Flemington, NJ 08822

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