Hopewell Boro Mixed use property. Specifically zoned S. . 2 separate commercial buildings, with fenced, stoned vehicle storage areas. Building #1 53 Somerset: masonry and frame building , oversized bays can easily accommodate 4 vehicles , half bath, and separate work area with back door, (vehicle entry sized) to yard. This space is versatile and can accommodate vehicles or workshop . Second floor 1200 sq ft 2 bedroom apartment. Building #2 , mailbox notes 95 Somerset Street,( it is part of the same parcel, and the legal address is 53); 850 sq ft 1 story metal commercial building, 1 bay, half bath. fenced vehicle storage yard. Tenants pay their own utilities. The property is rented by local business owners, who have been long time tenants.
This 1.81 acre site located in the thriving downtown of Hopewell Borough with 330 foot of frontage on Town’s main thoroughfare, designated as redevelopment site within the Town’s Redevelopment Plan makes this an ideal opportunity for development. The former/existing garage structure has the approvals to be expanded and renovated with the balance of the site zoned Business-Residential is ready to be transformed.
Welcome to 20 Model Ave, Hopewell, NJ—a unique investment opportunity featuring a 4,800 SF industrial and manufacturing space on 1.15 acres, offered at $1.7M. The property is zoned RO/R75 and includes a showroom, office space, and newly renovated restrooms, all showcasing significant architectural details. Equipped with 400-amp 3-phase electrical service, this property is well-suited for various business operations. Conveniently located adjacent to a newly approved condominium complex, the property offers excellent off-street parking and easy street access with frontage. Additionally, the building features a dock loading area at the rear, making it highly functional for manufacturing or warehouse use. Don't miss this rare opportunity to own a well-maintained industrial property in a growing area with endless potential.
This corner lot is a "Great Location for businesses, banks, etc. The intersection of Rt. 31 & Rt.518 is a heavy traffic area. Rt. 287, & Rt. 78 to Rt. 202 is a thorough fare to I 95 & I 295. Rt. 518 is a thoroughfare to Skillman,Princeton, NJ , New Hope, Pa.& many other areas. Building is not included in the price.The owner has received approvals for 2 commercial units on the first floor & 2-1 bedroom units on the second floor. One bedroom unit will be a low income unit-55+. Basement is 920 sq. ft each side -Total 1840 sq. ft.1st. floor is 1200 sq ft each side-Total 2400 sq. ft.2nd. floor is 700 sq ft each side-1400 sq. ft.Building is 60 ft wide by 46 ft deep for 3800 sq. ft. above ground.The lot is shovel ready! Design of the front of the building & floor plan are attached. Food establishments is approved.
8 room office suite on second floor of three story elevator office building with ample parking. Rental price includes heat and A/C and common area charges. Individual room rentals from $400 to $700 per month which includes use of entry waiting room and kitchenette. Flexible lease term. Directory sign facing road. Located 1/2 mile from Broad Street in Hopewell Borough with shopping and restaurants. 1/2 hour driving time includes Princeton, West Windsor, South Brunswick, Lawrence, Ewing and Trenton. Convenient to I 95/295, Routes 1, 31,27 571 and NJ Tpke. l. Kitchenette in suite. Owner FINANCING. sale price183,800
The median home value in Hopewell, NJ is $249,800. This is lower than the county median home value of $344,600. The national median home value is $338,100. The average price of homes sold in Hopewell, NJ is $249,800. Approximately 75.57% of Hopewell homes are owned, compared to 15.13% rented, while 9.31% are vacant. Hopewell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hopewell real estate agent to arrange a tour today!
Hopewell, New Jersey 08525 has a population of 4,431. Hopewell 08525 is more family-centric than the surrounding county with 36.95% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Hopewell, New Jersey 08525 is $86,335. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Hopewell 08525 is 43.2 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 44.7 inches per year, with 14 inches of snow per year.