98 Old Highway 28,Readington Twp., NJ 08889
Readington Twp., NJ 08889
Description
THREE-BUILDING MIXED-USE INVESTMENT PORTFOLIO WHITEHOUSE STATION / READINGTON TOWNSHIP, NJ $3,300,000Unique opportunity to acquire a three-building, mixed-use investment portfolio in Whitehouse Station / Readington Township, New Jersey. Offered as one contiguous investment package, the portfolio combines established commercial tenancy, residential rental income, scheduled rent growth, strong Route 22 visibility, and convenient regional highway access.The offering consists of three well-maintained adjacent buildings with six income-producing rental streams, providing an attractive blend of commercial and multifamily income within one manageable investment.The portfolio includes a mix of neighborhood retail, a long-established United States Postal Service location, three residential apartments, and a Route 22 commercial building occupied by an established sign/display company. This diversified tenancy provides investors with multiple income sources rather than reliance on a single tenant or asset type The portfolio is projected to generate approximately $226,500 in annual gross rental income based on January 2027 rents, with additional scheduled rent growth already built into portions of the rent roll.
Details
| MLS # | 4054572 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 17 |
| Listing Provided By | HAVEN REAL ESTATE COLLECTIVE | TERESA K. TRIGAS-PFEFFERLE |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Zoning | Mixed Use |
Taxes
| Property | 13094 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Hunterdon |
| City | Readington Twp. |
| Zip Code | 08889 |
| Area | Hunterdon |
| Listing VS Median (in 08889) | |
Price: $3,300,000 low | high Med: $649,450 On site: 17 low | high Med: 4.5 | |
Market Activity 08889
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Learn More About This Property
| State | NJ |
|---|---|
| County | Hunterdon |
| City | Readington Twp. |
| Zip Code | 08889 |
| Area | Hunterdon |
| Listing VS Median (in 08889) | |
Price: $3,300,000 low | high Med: $649,450 On site: 17 low | high Med: 4.5 | |