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Investment Highlights
- Approximately 12.31-acre site with B-2 zoning, suitable for a variety of commercial purposes, largest in Hunterdon.
- Ready to go, best zoning available.
- Offers excellent regional connectivity with access to Routes 31, 22, and short drives to I-78 and I-287.
- Premier frontage and visibility along U.S. Highway 202 in the Flemington trade area.
- Located within a strong commercial corridor adjacent to retail centers and service-oriented businesses.
- Flat site configuration with potential for large-scale development and significant traffic exposure.
Executive Summary
The property is currently undergoing limited remediation and will be delivered with a NJDEP No Further Action (NFA) determination, along with a 10-year, $5,000,000 environmental insurance policy from Lloyd’s of London for buyer protection. Cleanup costs have continued to decrease as remediation progresses.
Upon closing, the buyer will have full use of the property, subject only to obtain standard building permits. This is one of the last remaining multiacre development opportunities in all of Hunterdon County, making it a rare and highly strategic acquisition.
Property Facts
1 Lot Available
Lot
| Price | $3,750,840 CAD | Lot Size | 12.31 AC |
| Price Per AC | $304,698.61 CAD |
| Price | $3,750,840 CAD |
| Price Per AC | $304,698.61 CAD |
| Lot Size | 12.31 AC |
The site is level and flat, mostly fenced, and offers easy access. There is only one non-operational pump-house structure on the property; otherwise, the parcel is clear and open with minimal vegetation.
Description
198 Route 202 is a land parcel comprising approximately 12.31 acres, strategically located along the heavily traveled U.S. Highway 202 corridor in Flemington, New Jersey. The property is zoned B-2, allowing a broad range of commercial uses, which makes it highly suitable for retail, mixed-use, or other commercial development opportunities. Its location offers excellent visibility and access from the main highway, ensuring consistent vehicle traffic and exposure for future businesses. Surrounded by established commercial activity, the site benefits from proximity to restaurants, retail centers, service businesses, and residential neighborhoods that collectively drive strong consumer demand. Conveniently positioned within one of Hunterdon County’s primary commercial areas, the parcel additionally provides direct access to regional thoroughfares, with easy connections to Routes 31 and 22. Served by municipal utilities and set within a community known for stable growth and active trade, this property presents a compelling option for developers or investors seeking a build-ready site in a high-visibility corridor.
Presented by
198 Route 202
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