6 Hilltop RdMendham Borough, NJ 07945

  • Other commercial real estate
  • 0.47 AC
For Lease
$24/SF/YR View listing

Property Details for 6 Hilltop Rd

Year built
1876
Construction
FRAME
Lot size
0.47 AC
Zone code
B
Property type
Other commercial real estate
APN
18 01501-0000-00041
APU
1801501000000041

Description

Located at 6 Hilltop Road in Morris County, this property offers multiple traditional office suites available for lease. The building is situated in the Historic Business District (Block 1501, Lot 41) and features convenient on-site parking. There are 21 parking spaces directly adjacent to a municipal lot, ensuring ample parking for tenants and their clients. Each suite includes its own bathroom, providing privacy and convenience. The property is zoned for business use. The lease includes real estate taxes; however, tenants are responsible for all utilities. This presents a fantastic opportunity for businesses seeking well-maintained office space in a desirable location with convenient parking and included real estate taxes. The property type is listed as Retail and Office, but the subtype is specifically Traditional Office. The building is well-suited for a variety of businesses seeking a comfortable and functional workspace in a historic district. Interested parties are encouraged to inquire for further details and availability. The property is ideal for businesses seeking a blend of historical charm and modern convenience. The included real estate taxes offer a significant advantage, reducing overall operating costs. The ample parking ensures ease of access for employees and clients alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,277,654
    Hospitality
    $3,918,308
    Educational
    $3,259,986
    Medical
    $3,372,102
    Retail
    $5,071,090
6 Hilltop Rd, Mendham Borough, New Jersey

Location Insight

City
Mendham
County
Morris
State
New Jersey
Latitude
40.7754
Longitude
-74.6001
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,648
$582,000
$368,000
$950,000
-
$582,000
$368,000
$950,000

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