271 Old Croton Road Flemington, NJ 08822

$999,900
9
Beds
3
Baths
3.30
Acres
4,201
SQFT
238
$/SQFT
$999,900
9
Beds
3
Baths
4,201   sf
$238 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Hunterdon
  • Area
    Raritan Twp
  • Tax Amount
    $20,830
  • Status
    Active
  • Listing #
    NJHT2004956
  • Built
    1836
  • Lot Size
    3.30
  • Listed on site
    16 days
  • Listing Agent Id
    121135100960

Listed by:
Homestarr Realty

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Has garage
  • Garage Detached
  • No Pool
  • Basement

Interior Features

  • Main Floor Bedroom
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