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371 Pittstown Rd
Pittstown, NJ 08867

$679,000 USD

Storefront Retail Residential For Sale  •  7,238 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 7,238 SF
  • Lot Size 0.69 AC
  • Building Class C
  • Year Built 1887
  • Zoning M
0 Transit Score
17 Walk Score

Highlights

Fully-Leased Mixed-Use Asset – 7,238 SF historic brick building (circa 1887)
Established Tenants in Place – Includes a popular Italian restaurant on a 5-year lease and a dental office with active lease negotiations.
Strong Income Potential – Projected gross annual income over $103,000 with operating expenses around $43,500; estimated 6.65% cap rate.
Desirable Location – Zoned NB (Neighborhood Business) with excellent visibility and access to Routes 78, 22, 287, and 31.
On-Site Parking & Utilities – Ample on-site parking; oil heat included, tenants pay electric.
Value-Add Upside – Renovated 3-bedroom unit expected to rent for $2,000/mo; potential to increase NOI through rent growth and leasing the final unit.

Public Transportation

Commuter RailDriveWalkDistance
Annandale (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 15 min - 7.0 mi
High Bridge (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 15 min - 7.4 mi
AirportDriveWalkDistance
Trenton Mercer 52 min - 29.2 mi
Lehigh Valley International 56 min - 33.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Sean Mulligan 609-731-4265 ARC Real Estate
Sean Mulligan 609-731-4265 ARC Real Estate