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41 Bridge St 3,360 SF 100% Leased Retail Building Frenchtown, NJ 08825 $815,000 ($242.56/SF) 6.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Centrally located in thriving Frenchtown
- Frenchtown named as one of the most charming and interesting towns in NJ
- Building recently renovated
EXECUTIVE SUMMARY
41 Bridge Street, Frenchtown, NJ 08825
Offered at $815,000 — 3,360 SF | Fully Leased | 6.06% Cap Rate
Retail / Mixed-Use Investment Property
Highlights
Prime Downtown Location: Situated in the heart of Bridge Street—Frenchtown’s vibrant commercial district—surrounded by shops, galleries, and cafés.
Turnkey Investment: 100% leased to stable tenants with established operations, providing immediate income.
Strong Market Fundamentals: Frenchtown is consistently ranked among New Jersey’s most charming and desirable small towns, attracting both visitors and year-round residents.
Recent Renovations: The building has been recently updated with modern systems and interior improvements, reducing near-term maintenance costs.
Attractive Yield: Offered at a 6% capitalization rate with potential for future rent growth as downtown Frenchtown continues to expand.
Property Overview
Building Size: 3,360 SF
Configuration: Street-level retail and upper-level residential or office spaces (mixed-use zoning)
Occupancy: 100% leased
Ideal for investors seeking to reside in town while generating income from commercial properties.
Offered at $815,000 — 3,360 SF | Fully Leased | 6.06% Cap Rate
Retail / Mixed-Use Investment Property
Highlights
Prime Downtown Location: Situated in the heart of Bridge Street—Frenchtown’s vibrant commercial district—surrounded by shops, galleries, and cafés.
Turnkey Investment: 100% leased to stable tenants with established operations, providing immediate income.
Strong Market Fundamentals: Frenchtown is consistently ranked among New Jersey’s most charming and desirable small towns, attracting both visitors and year-round residents.
Recent Renovations: The building has been recently updated with modern systems and interior improvements, reducing near-term maintenance costs.
Attractive Yield: Offered at a 6% capitalization rate with potential for future rent growth as downtown Frenchtown continues to expand.
Property Overview
Building Size: 3,360 SF
Configuration: Street-level retail and upper-level residential or office spaces (mixed-use zoning)
Occupancy: 100% leased
Ideal for investors seeking to reside in town while generating income from commercial properties.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$66,036
|
$19.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$66,036
|
$19.65
|
| Taxes |
$15,621
|
$4.65
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,621
|
$4.65
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $66,036 |
| Annual Per SF | $19.65 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $66,036 |
| Annual Per SF | $19.65 |
| Taxes | |
|---|---|
| Annual | $15,621 |
| Annual Per SF | $4.65 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,621 |
| Annual Per SF | $4.65 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,360 SF
Building Class
C
Year Built
1883
Price
$815,000
Price Per SF
$242.56
Cap Rate
6.06%
NOI
$49,416
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.14 AC
Zoning
R-4 - Beautiful Victorian building in the center of a vibrant business district. Large apartment , commercial unit and garage all rented
Gross income 65,915
Parking
3 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
29’ on Bridge St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-00041-0000-00010 | Total Assessment | $572,000 (2025) |
| Land Assessment | $200,000 (2025) | Annual Taxes | $15,621 ($4.65/SF) |
| Improvements Assessment | $372,000 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
11-00041-0000-00010
Land Assessment
$200,000 (2025)
Improvements Assessment
$372,000 (2025)
Total Assessment
$572,000 (2025)
Annual Taxes
$15,621 ($4.65/SF)
Tax Year
2024
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Presented by
Antibes Property Holdings LLC.
41 Bridge St
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