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Investment Highlights

  • Permit-ready mixed-use development — approvals complete, ready to build.
  • Full construction architectural and engineering plans included in the sale
  • Prime Main Street Historic District location with NJ Transit rail access to NYC.
  • Delivers nearly 5,000 SF consisting of apartments on upper two floors, with flexible commercial space on ground floor
  • Locked-in $6,000 parking waiver — the same waiver costs $100,000 under today's ordinance.

Executive Summary

1015 Main Street offers a rare, permit-ready mixed-use opportunity in the heart of downtown Boonton's Main Street Historic District. The fully approved project transforms an existing one-story building into a three-story mixed-use asset, delivering nearly 5,000 SF of combined flexible ground-floor commercial space (one or two units) with four 2-bedroom/1-bath residential apartments across the second and third floors — 4,888 SF of total above-grade building area. Site plan, county, and historic design approvals are complete, and the full architectural and engineering plan set conveys with the sale, leaving only standard contractor trade submittals before permit issuance. The property also carries a locked-in $6,000 parking waiver fee under the prior municipal fee schedule — a fraction of the $100,000 fee required for new applications today. A true turnkey acquisition for a builder-investor or long-term holder in a walkable, transit-served NJ downtown. Minutes from NJ Transit Boonton Station and Route 287.

Attachments

Flyer - Summary

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,225 SF
Building Class
B
Year Built
1950
Price
$1,190,647 CAD
Price Per SF
$971.96 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.11 AC
Zoning
B-1
Frontage
70’ on Main St
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of America
Provident Bank
Banco Santander
Kings
Wells Fargo Bank
Chase Bank
IHOP
ACME
Starbucks

Property Taxes

Property Taxes

Parcel Number
01-00017-0000-00015-01
Land Assessment
$315,139 CAD
Improvements Assessment
$176,299 CAD
Total Assessment
$491,438 CAD
  • Listing ID: 41750619

  • Date on Market: 2026-08-14

  • Last Updated:

  • Address: 1015 Main St, Boonton, NJ 07005

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