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84 Park Ave

Flemington Boro, NJ 08822
  • $3,800,000
  • STATUS: Active Under Contract
  • ON SITE: 123 Days
  • MLS #: 3844977
Under Contract
UPDATED: 45 min ago
$3,800,000
  • 0
    BEDS
  • 3.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 47,536
    SQFT
  • $80
    $/SQFT
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Incredible Investment opportunity. 9.44 CAP Multi-tenant office complex. Four buildings, very well maintained historic old egg auction complex, close to downtown, shopping, restaurants, post office, court house, large parking lot. 44 individual tenants.The tenant mix consists of a wide variety of professionals and governmental agencies.PO - Professional Office DistrictPublic transportation is available nearby206 Parking spaces12 BathroomsThe layout of the main building consists of a common area atrium lobby, several office suites on the first floor and one large tenant space on the second floor. The basement contains two office suites (one of which is owner occupied), plus two storage units. The building is serviced by an elevator.The layout of the rear building consists of a common area atrium lobby, several office suites on the first floor and several office suites on the second floor.Each building is equipped with a gas fired forced air heating system. Cooling is provided by central air conditioning systems. In the Main building, only the one tenant is separately metered for gas and electric. All other tenants are on a gross basis In the Rear building, three of the tenant spaces are separately metered for gas and electric. All other tenants are on a gross basis The two smaller buildings (Annex & Chalet) are occupied by single tenants and responsible for their utilities.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-22T09:46:49.483.
www.goldstandardrealty.com/homes/139774711
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84 Park Ave Flemington Boro, NJ 08822

  • Price: $3,800,000
  • Status: Active Under Contract
  • On Site: 123 Days
  • Updated: 45 min ago
  • MLS #: 3844977
0
Beds
0
Baths
0
½ Baths
3.15
Acres
47,536
SQFT
$80
$/SQFT
1950
Built
County:
Hunterdon
Area:
Flemington Boro
Property Description
Incredible Investment opportunity. 9.44 CAP Multi-tenant office complex. Four buildings, very well maintained historic old egg auction complex, close to downtown, shopping, restaurants, post office, court house, large parking lot. 44 individual tenants.The tenant mix consists of a wide variety of professionals and governmental agencies.PO - Professional Office DistrictPublic transportation is available nearby206 Parking spaces12 BathroomsThe layout of the main building consists of a common area atrium lobby, several office suites on the first floor and one large tenant space on the second floor. The basement contains two office suites (one of which is owner occupied), plus two storage units. The building is serviced by an elevator.The layout of the rear building consists of a common area atrium lobby, several office suites on the first floor and several office suites on the second floor.Each building is equipped with a gas fired forced air heating system. Cooling is provided by central air conditioning systems. In the Main building, only the one tenant is separately metered for gas and electric. All other tenants are on a gross basis In the Rear building, three of the tenant spaces are separately metered for gas and electric. All other tenants are on a gross basis The two smaller buildings (Annex & Chalet) are occupied by single tenants and responsible for their utilities.
Exterior Features

Approximate Lot Size 3.15 AC. Construction Brick/Block Exterior Description Brick/Block Location Business DistrictOffice Park Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopCommonDriveway-Exclusive Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling 4+ Units Equipment Available Fire AlarmSee RemarksSign - BuildingSign - Freestanding Heating 4+ Units Max Ceiling Height 9 Max Door Height 7 Number Of Doors 0 Number Of Lavatories 12 Office Sq Ft 41077

Property Features

Building Number 84 For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 644000 Net Operating Income 359002 Primary Property Type Office Building Complex Property Type Office Building Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 78359 Tax Rate Amount 3.166 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 284998 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate Zoning Office

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty: 973-865-3456.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-22T09:46:49.483.
 
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