Property

Hardyston Twp., NJ 07460 2786 Rt 23

2786 Rt 23 Hardyston Twp., NJ - Image 12786 Rt 23 Hardyston Twp., NJ - Image 22786 Rt 23 Hardyston Twp., NJ - Image 3
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Presented By: KRUMPFER REALTY GROUP
  • MLS# 3895291
  • 04/10/2024
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 2
  • SQFT • 3,100
  • Garage • 18

Home Details

If you?re looking for a property that gives you income now and options later, this one checks both boxes. Located on busy State Route 23, this 2,700 sq ft commercial building is fully leased with a 2-year lease in place, providing immediate cash flow from day one without the need to secure a tenant. Inside, the space offers 8 offices, two kitchens, two bathrooms, and plenty of storage, creating a layout that works for a wide range of business uses. Long term, the flexibility here is a big advantage. Once the lease term is complete, the property can easily transition to owner-occupancy, a new tenant at market rent or a repositioned use depending on demand. It?s a straightforward investment, income in place now, flexibility for the future, all in a high-visibility location that continues to support local business growth.
Presented By: KRUMPFER REALTY GROUP

Interior Features for 2786 Rt 23

Bathrooms

Half Baths2

Other Interior Features

Price Per Sq Ft185.00
Available Sq Ft3100
BasementFull
FlooringCarpeting, Tile
Fuel TypeSee Remarks
Total Stories2

General for 2786 Rt 23

Cap Rate7.00
ConstructionSee Remarks
Cooling3 Units, Central Air
CountySussex
DirectionsRoute 287 to route 23 North. 15 miles property is on the right side.
Documents AvailableLeases
DriveConcrete
EasementUnknown
Equipment AvailableFurniture, Handicapped Access, Office Equipment, Restrooms - Private
Garage Spaces18
Gross Income65400
Heating3 Units, Baseboard - Hotwater
Leasable Area2700
LocationCorner, Freestanding, Highway Location
Net Operating Income31800
Number Of Units Total1
Operating Expense33564
OwnershipFee Simple
Permitted UseOffice, Retail
PossessionAt closing
Property TypeOffice/Retail
Property TypeOffcRetl
RoofAsphalt Shingle
ServicesCable TV Available, Garbage Extra Charge
SewerSeptic
Standard StatusActive
StatusActive
Tax Annual Amount10483
Tax Assessed Value344300
Tax Lot38
Tax Year2021
Town #2811
TownshipHardyston Twp.
UtilitiesElectric, Gas-Propane
Utilities Paid ByTenant
Year Built9999
ZoningB-2

Exterior for 2786 Rt 23

Building Area Total2700
Exterior DescriptionVinyl Siding
Lot Dimensions.464 AC
Lot FeaturesCorner, Level Lot
Lot Size Acres0.46
Max Ceiling Height8
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking18
Water SourceWell

Additional Details

Price History

Tina Torres

Broker/Owner
Price $449,000
MLS#3895291
List Date 04/10/2024
Property Type Commercial
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