100 Hart BlvdFlemington, NJ 08822

Property Details for 100 Hart Blvd

Lot size

1.26 AC

Zone code

R-8

Property type

Commercial real estate

APN

21 00072- 07-00079

APU

21000720700079

Description

This exceptional 1,482 square foot office space, located at 100 Hart Blvd, Suite E, Flemington, NJ 08822, is situated within the Flemington Field Plaza. The single-tenant property boasts a modern design, having undergone a complete renovation in 2023. The building itself totals 5,538 square feet and sits on 1.26 acres of land. The space features a high 13-foot ceiling, making it suitable for a variety of uses, including traditional office space, executive suites, or creative office environments. Previous uses include martial arts instruction, suggesting adaptability for recreational or instructional purposes. The layout includes three separate office suites and a private bathroom. Ample parking is available with 13 spaces on-site. The property is zoned for office use and is conveniently located at the intersection of Hart and Reaville Boulevards in Hunterdon County. The building was originally constructed in 2000. This is a fantastic opportunity for a business seeking a well-maintained, versatile space in a desirable location. The minimum divisible space is 1,482 square feet, making it perfect for a single tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $11,358,200

  6.5%

  $10,484,500

  7%

  $9,735,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,181,190

  Geo Method

  $7,171,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $20,698,800

  Retail / Commercial

  $10,603,000

  Mixed-Use / Specialty

  $10,556,400

  Hospitality / Lodging

  $7,733,370

  Office

  $10,484,500

  Institutional / Educational

  $10,971,200

  Residential Income

  $12,836,300

  Multifamily

  $15,444,200

  Automotive / Energy

  $9,403,910

  Parking / Income-Based Land

  $3,253,910

  Restaurant / Food Service

  $5,471,580

  Healthcare / Senior Housing

  $10,834,400

Location Insight

City

Flemington

County

Hunterdon

State

New Jersey

Latitude

40.4914

Longitude

-74.8425

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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