271 Old Croton Road Flemington, NJ 08822

$899,900
9
Beds
3
Baths
3.30
Acres
4,201
SQFT
214
$/SQFT
$899,900
9
Beds
3
Baths
4,201   sf
$214 / sf
Favorite

active
1/34
Street View

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
    56 days
  • Listing Agent Id
    121135100960

Listed by:
Homestarr Realty

Source:
BRIGHT MLS

Click for Map
Smart Commute Planner
Add a destination

School Info

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

Style

  • Traditional

Property History

DateDays AgoEventNew Price
Jun 14, 202630 days agoPrice decreased100,000 (10%)$899,900
May 19, 20262 mos agoNew on market$999,900
Favorite

Tour This Home

Tue
14Jul
Wed
15Jul
Thu
16Jul
Fri
17Jul
Sat
18Jul
Sun
19Jul
Mon
20Jul
Tue
21Jul
Wed
22Jul
Thu
23Jul
Fri
24Jul
Sat
25Jul
Sun
26Jul
Mon
27Jul
in Person
via Video Call