98 Old Highway 28, Readington Twp., NJ 08889
- $3,300,000
- List Price
- $3,300,000
- Days on Market
- 3
- Status
- ACTIVE
- MLS#
- 4054572
- Lot Size (Acres)
- 0.34
- Year Built
- 1935
Property 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.
Additional Information
- Area
- Readington Twp.
- Basement Desc
- Full
- Utilities
- All Underground
- Taxes
- $13,094
- Exterior
- Vinyl Siding, Wood
- Water
- Public Water
- Basement
- Yes
- Cooling
- See Remarks
- Roof
- Asphalt Shingle
- Show Address
- Yes
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Listing Courtesy Of HAVEN REAL ESTATE COLLECTIVE, Contact: 908-224-2836
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