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440 Highway 202

10,400 SF 100% Leased Industrial Building Flemington, NJ 08822 £743,328 (£71/SF)

Investment Highlights

  • LOVE TO LIVE WHERE YOU OWN
  • On the highway plenty of visibility & traffic
  • Mixed use business and living on the same property

Executive Summary

LOVE TO LIVE WHERE YOU OWN! The property consists of 4.93 acres with 426’ road frontage. Consisting of 1 apartment and 1 cottage each possessing one bedroom & the main home consisting of 3 bedrooms. The setting is very picturesque with mature and well maintain landscaping. One of the storage units has 4,500 square feet with multiple private storage rooms. Lastly, the 5th UNIT is a 2300 sq. ft. welding operation & storage that has located at the property for over 25 years, paying $1,650 per month. The current rental rates are below MARKET VALUE. All the units have either propane, oil, or electric heat. Property is being sold "AS IS." All inspections are for the BUYER's information only. Positive cash flow.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £743,328
Price Per SF £71
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.93 AC
Rentable Building Area 10,400 SF
Number of Floors 1
Year Built 1938

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-00040-0000-00008
Land Assessment
£233,953 (2024)
Improvements Assessment
£272,527 (2024)
Total Assessment
£506,480 (2024)

zoning

Zoning Code O-2 (See attached Document's)
O-2 (See attached Document's)
  • Listing ID: 29572060

  • Date on Market: 20/09/2023

  • Last Updated:

  • Address: 440 Highway 202, Flemington, NJ 08822

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