30 Olcott SqBernardsville, NJ 07924

Property Details for 30 Olcott Sq

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

4,501 SF

Zone code

D-CO

Property type

Commercial real estate

APN

03 00066-0000-00017

APU

300066000000017

Description

This exceptional mixed-use property, located at 30 Olcott Square in the vibrant heart of Bernardsville, New Jersey, presents a unique investment opportunity. Spanning 6,708 square feet on a 0.15-acre lot, the building boasts a blend of commercial and residential spaces. A newer addition, constructed in 2011, complements the existing structure, creating a cohesive and updated property. The commercial component comprises three professional office/retail spaces, ideal for a variety of businesses. Upstairs, three beautifully renovated residential apartments offer excellent rental potential or owner-occupied living options. The building's interior features attractive wood floors, high ceilings, and open floor plans, enhancing both functionality and aesthetic appeal. Exterior features include professionally landscaped grounds, providing a welcoming and well-maintained environment. Further adding to the property's value are a spacious basement offering ample storage and convenient off-street parking. This property is perfectly situated in downtown Bernardsville, providing easy access to local amenities, transportation, and a thriving community. The combination of commercial and residential spaces makes this an attractive investment for those seeking diverse income streams and a strong return on investment. The asking price is $1,800,000.

• Alternative Use

  Use

  Valuation

  Residential

  $939,689

  Hospitality

  $860,750

  Educational

  $716,134

  Medical

  $740,763

  Retail

  $1,113,986

Location Insight

City

Bernardsville

County

Somerset

State

New Jersey

Latitude

40.7189

Longitude

-74.5686

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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