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271 Old Croton Rd 4 Unit Apartment Building Offered at $1,383,412 CAD Flemington, NJ 08822



Executive Summary
Unique Mixed-Use Investment Opportunity situated on approximately 3.3 acres featuring five separate structures with strong income and value-add potential. This diverse property offers a rare combination of residential, commercial, storage, and garage space ideal for an investor, contractor, or entrepreneur seeking multiple streams of income. --The property includes a Twin Duplex with one 2-bedroom unit and one 3-bedroom unit, both with front and rear entrances and occupied by long-term tenants.
--An additional former General Store building offers nostalgic character with a main level retail/display area and second-floor storage space, presenting future redevelopment or business possibilities.
--Also located on the site is a freestanding restaurant building currently operating as a Mexican restaurant featuring a full commercial kitchen, take-out area, and indoor dining space.
--Additional improvements include a detached 3-car garage and a separate Ranch-style residence offering 4 bedrooms, 1 full bathrooms, vaulted ceilings, attached 2-car garage with workspace/storage, and an outdoor entertainment area complete with a U-shaped bar and grill space.
The property is in need of repairs and updating throughout. However, the combination of residential rentals, commercial usage, garage/storage space, and future upside creates an excellent opportunity for the right buyer to renovate, increase income potential, and build long-term equity. Rare opportunity with flexibility and substantial potential for redevelopment or continued mixed-use operation.
--An additional former General Store building offers nostalgic character with a main level retail/display area and second-floor storage space, presenting future redevelopment or business possibilities.
--Also located on the site is a freestanding restaurant building currently operating as a Mexican restaurant featuring a full commercial kitchen, take-out area, and indoor dining space.
--Additional improvements include a detached 3-car garage and a separate Ranch-style residence offering 4 bedrooms, 1 full bathrooms, vaulted ceilings, attached 2-car garage with workspace/storage, and an outdoor entertainment area complete with a U-shaped bar and grill space.
The property is in need of repairs and updating throughout. However, the combination of residential rentals, commercial usage, garage/storage space, and future upside creates an excellent opportunity for the right buyer to renovate, increase income potential, and build long-term equity. Rare opportunity with flexibility and substantial potential for redevelopment or continued mixed-use operation.
Property Facts
| Price | $1,383,412 CAD | Lot Size | 3.39 AC |
| Price Per Unit | $345,853 CAD | Building Size | 4,201 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1836 |
| Property Type |
| Price | $1,383,412 CAD |
| Price Per Unit | $345,853 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| Lot Size | 3.39 AC |
| Building Size | 4,201 SF |
| No. Stories | 2 |
| Year Built | 1836 |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 21-00041-0000-00001 | Improvements Assessment | $743,935 CAD |
| Land Assessment | $207,533 CAD | Total Assessment | $951,467 CAD |
Property Taxes
Parcel Number
21-00041-0000-00001
Land Assessment
$207,533 CAD
Improvements Assessment
$743,935 CAD
Total Assessment
$951,467 CAD
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Presented by
Homestarr Realty
271 Old Croton Rd
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