1 Main StFlemington, NJ 08822

  • Other commercial real estate
  • 1.30 AC
For Sale
$995,000 View listing

Property Details for 1 Main St

Year built
1987
Construction
BRICK
Lot size
1.30 AC
Zone code
PO
Property type
Other commercial real estate
APN
09 00008-0000-00013
APU
900008000000013

Description

This meticulously maintained, 6,013 square foot mixed-use building at 1 Main Street, Flemington, NJ, sits on a 0.75-acre lot and offers a unique blend of history and modern functionality. Originally known as The Capner/Brodhead House, this property boasts a rich history, dating back to Flemington's founding father, Mr. Samuel Fleming. The building features a newer slate and copper roof, refurbished interior wood, and beautifully maintained landscaping, including a historic driveway with a permanent easement. Ample private parking is available in the rear. Currently zoned commercial, this three-story building is ideal for multi-use offices, law firms, or medical practices. The interior is approved for alterations, offering flexibility for various uses. The first floor is adaptable, while the second floor includes cubicles, two bathrooms, and two primary offices equipped with whiteboards and TVs. The third floor provides multi-room cubicles, an electrical room, an executive office suite, printer amenities, and offers stunning views of the historic borough. With its mixed-use potential, this property also presents an excellent investment opportunity for a bed and breakfast, Airbnb, or other adaptable floor plan options. The seller is willing to make alterations or removals to suit the buyer's needs. Public utilities are conveniently available. The asking price is $874,999. The building currently has approximately 31 individual work cubicles.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,846,123
    Hospitality
    $10,850,985
    Educational
    $9,027,892
    Medical
    $9,338,376
    Retail
    $14,043,388
1 Main St, Flemington, New Jersey

Location Insight

City
Flemington
County
Hunterdon
State
New Jersey
Latitude
40.5135
Longitude
-74.858
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
$52,239
$921,000
$1,444,000
$2,365,000
-
$921,000
$1,444,000
$2,365,000

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